2 bedroom house for sale
18 Raleigh Gardens, PL31 2FH
Share percentage 63%, full price £180,000, £113 Min Deposit.
Share percentage 63%, full price £180,000, £113 Min Deposit.
Monthly Cost: £954
Rent £187,
Service charge £20,
Mortgage £747*
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.
Please note there is a local connection requirement on this property:
Having a local connection in this instance is defined as the parish in which the development will take place, and the adjoining parishes being, Bodmin, Helland, Cardinham, Lanhydrock and Lanivet
a) Person who have been ordinarily resident in the Locality for the last three years or for a continuous period of five years at some time in the past
b) Persons not resident within the Locality but employed in the Locality on a permanent basis for the last three years and who need to live close to their employment
c) persons who can demonstrate a close family connection to the Locality in that the persons mother father son or daughter has been ordinarily resident in the Locality for the past five years and where a caring dependency relationship can be established
Summary
Westward offer this 2-bedroom property in Bodmin through Shared Ownership.
Description
Westward offer this 2-bedroom property in Bodmin through Shared Ownership.
A Mid Terrace property, with 2 double bedrooms, plus a family bathroom and a downstairs WC.
Lounge leading into a kitchen/diner, there are French doors opening into the patio area, which leads onto the garden. There is also a shed, grass borders and the property also have parking for two cars.
The property is a 10-minute walk into the main town and all local amenities.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £180,000 (One Hundred and Eighty thousand pounds)
- Share being sold: 63%
- Share Value: £113,400 (One Hundred and Thirteen thousand & Four Hundred pounds)
- Monthly Rent: £187.00
- Monthly Service Charge: £19.50
**** Please note the Length of Lease remaining is 112 Years with an 80% staircasing restriction on the property****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- Lounge
- Kitchen/Diner
- Bathroom
- 2 x Double Bedroom
- WC
- Gas Central Heating
- Double Glazing
- Allocated Parking Space
- Council Tax Band C
Particulars
Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: B
Map
Material Information
Total rooms: 6
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: 01/07/2011
Unit size: Enquire with provider
Communal lift: No
Accessible measures: Enquire with provider
Listed property: No
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 63%, full price £180,000, £113 Min Deposit. Calculated using a representative rate of 6.24%
