3 bedroom house for sale

Available

Cranbrook - 553, EX5 7JD

£112,000 · Shared Ownership New Build

Share percentage 40%, full price £280,000, £11,200 Min Deposit.

Available
3 bedrooms
1 Bathroom
£112,000 Shared Ownership New Build

Share percentage 40%, full price £280,000, £11,200 Min Deposit.

Monthly Cost: £957
Rent £385, Service charge £7, Mortgage £565*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

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Description

GROUND FLOOR
Stepping through the front door of this home you will find yourself in the entrance hallway, here situates the staircase to the first floor, a store cupboard, the convenient downstairs W.C., further doors to the kitchen/dining room to the right and the living room/dining area to the rear of the property.

The kitchen is located at the front of the home, to the right of the hallway. When you come into the kitchen, there is a range of wall and base fitted units and an integrated oven.

The spacious living/dining room is located at the rear of the home and benefits a door leading onto the private enclosed garden.

FIRST FLOOR
Once up the stairs you first come to Bedroom 2 (a single bed room) and Bedroom 3 (double room). Turning to your right, you will come to the family bathroom equipped with a bath, WC and sink. Next to the family bathroom is the spacious Primary bedroom (bedroom 1) on the front of the property.

INFORMATION
Two allocated car parking spaces.
Council Tax Band - TBC
Remaining Lease Term - 990 years.

These homes are subject to a local connection requirement. To apply, you must be currently living or working in East Devon or Exeter Council areas to apply. Please contact us for more information.

**While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Prices based on 40% Shared Ownership and a 95% LTV mortgage. Shared Ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of your property will be reviewed annually with any changes coming into effect on the 1st April each year Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.*

Key Features
  • 2 allocated parking spaces
  • Standard shared ownership model lease
  • Local connection required
  • Rear garden
  • 3-bedrooms
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Key Information Document Energy Certificate
Map
Cranbrook (Devon) (1.22 miles) Whimple (1.95 miles) Pinhoe (3.51 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£112,000
Shared Ownership New Build
Estimated Monthly Cost:£957
Rent £385
Service Charge £7
Mortgage £565

Share percentage 40%, full price £280,000, £11,200 Min Deposit. Calculated using a representative rate of 4.59%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.