A new pathway home with Share to Buy
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1 bedroom apartment for sale

Available

Plot 55, Forest Edge, IP27 9AS

£36,250 · Shared Ownership New Build

Share percentage 25.00%, full price £145,000, £1812.5 Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
Parking
£36,250 Shared Ownership New Build

Share percentage 25.00%, full price £145,000, £725 Min Deposit.

Monthly Cost: £451
Rent £249, Mortgage £202*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

Brand New 1 Bedroom Home

Description

Enjoy modern rural living for less at Forest Edge in Lakenheath, when you choose from our contemporary range of one and two-bedroom Shared Ownership homes.

Nestled in the charming village of Lakenheath, Forest Edge offers the perfect blend of tranquil countryside living with modern conveniences close by.

  • Stylish 1 and 2 bedroom homes
  • Spacious living areas
  • Finished to a high specification
  • Modern kitchens and integrated appliances*
  • Energy efficient with low running costs
  • Carpets and flooring included
  • Private rear gardens to selected plot
  • Convenient local amenities
Key Features
  • 1 ground floor and 1 first floor maisonette available for Shared Ownership
  • £1,000 towards legal fee's! T&C's apply.
  • Fully fitted kitchen including Oven, Washing Machine and Fridge Freezer
  • 1 allocated parking space
  • Flooring included throughout
  • 10 year warranty
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Map
Lakenheath (3.01 miles) Shippea Hill (5.16 miles) Brandon (5.37 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: Yes

Dishwasher: No

Fridge/Freezer: Yes

Parking: Yes - Allocated

Outside Space/Garden: n/a

Year property was built: 2024

Unit size: 557 sqft

Accessible measures: Enquire with provider

Flooded within the last 5 years: No

Listed property: No

Heating: Enquire with provider

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

Broadband: FTTP (Fiber to the premises)

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.

£36,250
Shared Ownership New Build
Estimated Monthly Cost:£451
Rent £249
Mortgage £202

Share percentage 10%, full price £145,000, £725 Min Deposit. Calculated using a representative rate of 5.03%


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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.