2 bedroom apartment for sale
21 Ebdon Way, TQ1 4FE
Share percentage 35%, full price £120,000, £42 Min Deposit.
Share percentage 35%, full price £120,000, £42 Min Deposit.
Monthly Cost: £710
Rent £353,
Service charge £80,
Mortgage £277*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
To be eligible for Shared Ownership, you have to be:
- Over the age of 18
- Not currently own your property
- And
- Not earn more than £80000 (Total Household Income)
- Meet the S106 Local Connection requirements (Where applicable)
- You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
S106 Local Connection Requirements:
Please note there is a local connection to Torbay for this property, the local connection details are:
Having a local connection in this instance is defined as one of the following:
a) being permanently resident in the area or
b) having a permanent place of work in the area
Summary
Westward offer this 2-bedroom property in Torquay through Shared Ownership.
Description
Westward offer this 2-bedroom property in Torquay through Shared Ownership.
A 2-bedroom ground floor flat, with a spacious double bedroom and a single bedroom. The Flat also benefits from a built in oven and hob, wet room, gas central heating and double glazing.
The flat also includes an allocated parking space.
The property is close to all bus routes and in walking distance to town and close to all local amenities including the beach.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £120,000 (One Hundred and Twenty thousand pounds)
- Share being sold: 35%
- Share Value: £42,000 (Forty Two thousand pounds)
- Monthly Rent: £352.97
Monthly Service Charge: £80.00
**** Please note the Length of Lease remaining is 82 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- Lounge
- Kitchen with built in oven and hob
- Wet room
- 1 x Double Bedroom 1 x Single Bedroom
- Gas Central Heating
- Double Glazing
- Allocated Parking Space
- Council Tax Band A
Particulars
Tenure: Leasehold
Lease Length: 82 years
Council Tax Band: A
Map
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
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 35%, full price £120,000, £42 Min Deposit. Calculated using a representative rate of 6.24%
