Share percentage 58%, full price £195,000, £5,655 Min Deposit
Monthly Cost: £877
Rent £223,
Service charge £24,
Mortgage £630*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Minimum Deposit subject to Lender Approval
- Heylo Housing Affordability Assessment Required
- Maximum Household Income £80,000
- Minimum Income Based on Affordability Assessment
Summary
2 Bedroom Terraced Home with West Facing Garden. Perfect Starter of Family Home
Description
Nestled in the charming area of Ridge Lane, Blythe Bridge, Stoke-on-Trent, this delightful house offers a perfect blend of modern living and comfort. Built in 2022, the property boasts a contemporary design and is in excellent condition, making it an ideal choice for first-time buyers or those looking to downsize.
Spanning an impressive 828 square feet, the home features two well-proportioned bedrooms, providing ample space for relaxation and rest. The property also includes two bathrooms, ensuring convenience for both residents and guests alike. The inviting reception room serves as a welcoming space for entertaining or unwinding after a long day.
One of the standout features of this property is its west-facing garden, which is perfect for enjoying the afternoon sun and hosting summer gatherings. Additionally, there is parking available for one vehicle, adding to the practicality of this lovely home.
This property is available through a shared ownership scheme, allowing you to purchase between 58% and 75% of the home, with a rent of £247.05 on the remaining share. This flexible arrangement makes it an attractive option for those looking to enter the property market.
Key Features
- 2 Bedrooms
- Family Bathroom
- Downstairs Cloakroom
- West Facing Garden
- Minimum Share Available 58%
- Maximum Share Available 75%
- Monthly Rent £222.69
- Monthly Lease Management Fee £24.36
- 999 Year Lease
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Brochure Energy CertificateVirtual Tour
Map
Material Information
Total rooms: 4
Room Details:
Lounge
Length: 10ft 2in
Width: 12ft 4in
Kitchen
Length: 11ft 10in
Width: 12ft 8in
Bedroom 1
Length: 10ft 10in
Width: 16ft 10in
Bedroom 2
Length: 10ft
Width: 13ft 9in
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Off Street
Outside Space/Garden: Yes - Private Garden
Year property was built: 2022
Unit size: 856 sq ft
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Gas
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 58%, full price £195,000, £5,655 Min Deposit. Calculated using a representative rate of 5.03%
