2 bedroom house for sale
Chaffinch Crescent, GL15 5GB
Share percentage 45%, full price £230,000, £10,350 Min Deposit.
Share percentage 45%, full price £230,000, £10,350 Min Deposit.
Monthly Cost: £828
Rent £290,
Service charge £15,
Mortgage £523*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
2 Bed Mid Terrace
Description
SHARED OWNERSHIP two bedroom, mid terrace house available to purchase at a 45% share from £105,750 with a minimum 5% mortgage deposit of £5,288. Call today to arrange your appointment to view.
This mid terrace home has 2 allocated parking spaces. The property has an entrance hall with stairs leading to the first floor and a WC. The kitchen is accessed from the hallway and has a stainless steel sink and oven, hob and cooker hood. There are spaces remaining for you to install your own appliances. The hallway also leads onto the lounge which offers understairs storage and double doors onto the garden. Upstairs offers 2 bedrooms, storage and a bathroom. The bathroom is tiled and has a bath and toilet.
The home is being sold without flooring throughout and the gardens have not been turfed
Lydney is a beautiful setting and a historic little town near the River Severn, the Forest of Dean and the Wye Valley Area of Outstanding Natural Beauty. Lydney is located halfway between Gloucester with its the M5 and Chepstow with the M4. Lydney train station has direct links into Major cities
Example:
Full Market Value: £230,000
45% Share Price: £103,500
Rent on un-owned share £290 PCM
Estimated estate charge £14.50 PCM
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 45%, full price £230,000, £10,350 Min Deposit. Calculated using a representative rate of 4.59%
