3 bedroom house for sale
Booton Field Crescent, Derby, DE73 6WF
Share percentage 35%, full price £240,000, £4,200 Min Deposit.
Share percentage 35%, full price £240,000, £4,200 Min Deposit.
Monthly Cost: £923
Rent £380,
Service charge £75,
Mortgage £468*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Derby, Derbyshire
Description
Spacious and modern three-bedroom semi-detached house now available in south Derby through Shared Ownership.
The property is part of an estate constructed circa 2017 and comprises a wide living room, a separate kitchen and dining room, and a small toilet on the ground floor. Upstairs, there are three bedrooms and a shared bathroom. This could be ideal for a family.
There's also a large private rear garden and allocated parking driveways up front.
Key Information Document
Available for £84,000 for 35% share based on the marketing figure of £240,000.
Monthly rent - £379.55
Monthly Service Charge - £74.95
Total Monthly Charge - £454.50 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located within walking distance of Derby city centre, in a new developmental area, and about 16 minutes away walking from the railway station.
The close M1 motorway, about 15 minutes away, making road travel convenient.
Derby City is a vibrant, well developed area with shops, pubs and restaurants.
Many schools of all levels can be found nearby, both primary and secondary.
Energy rating band - B
Environmental impact band - B
Years remaining on lease: 117
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom semi-detached house
- Modern estate (2017)
- Private garden
- Parking driveways
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £240,000, £4,200 Min Deposit. Calculated using a representative rate of 5.03%
