2 bedroom house for sale
Doddington Road, Wellingborough, NN8 2LY
Share percentage 30%, full price £215,000, £3,225 Min Deposit.
Share percentage 30%, full price £215,000, £3,225 Min Deposit.
Monthly Cost: £774
Rent £330,
Service charge £85,
Mortgage £359*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wellingborough, Northamptonshire
Description
Modern, well-presented semi-detached townhouse in Wellingborough, available for sale through Shared Ownership.
The property comprises a spacious living room area, a separate fitted kitchen, a hallway, and WC on the ground floor. On the first floor, there are two bedrooms and a bathroom. This could be ideal for a family.
The property comes with a off-road allocated parking for two vehicles and a well-kept private garden.
Available for £64,500 for 30% share based on the marketing figure of £215,000.
Monthly rent - £329.86
Monthly Service Charge - £84.72
Total Monthly Charge - £414.58 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe house is located in a tranquil residential area and less than 20 minutes away from Nottingham.
All local amenities are nearby, including Morrisons, Budgens, and Tesco superstore, all within walking distance. There's also a bus station just outside, allowing to move around the town easily with public transportation.
Wellingsborough also has a railway station, where a direct train can reach London or Luton.
There are several schools in the area, some of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 115
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
- Two-bedroom semi-detached townhouse
- Private rear garden
- Modern building (ca. 2015)
- 2 off-street parking spaces
- Available for 30% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 30%, full price £215,000, £3,225 Min Deposit. Calculated using a representative rate of 5.03%
