2 bedroom apartment for sale
Kittiwake Court, IP14 5GS
Share percentage 55%, full price £150,000, £4,125 Min Deposit.
Share percentage 55%, full price £150,000, £4,125 Min Deposit
Monthly Cost: £741
Rent £206,
Service charge £75,
Mortgage £460*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Two bedroom first floor flat
Description
We are delighted to be offering the opportunity to purchase a 55% share of this property through Shared Ownership. Ideally located close to the train station and the local schools. Situated within the desirable Cedars Estate, this is a well presented two-bedroom first floor flat in a three-storey block comprising of:
Entrance-communal entrance door at street level with key entry
Hallway – hallway with doors leading to open plan lounge/kitchen/dining area. Bathroom. Bedrooms x 2. Storage cupboard x 2.
Open plan lounge/dining area – Well-presented lounge/dining area with French doors to Juliet balcony. Aerial/phone point. Carpet.
Kitchen – Fitted with a range of wooden base and wall units. Black worktop and upstand. Integrated fridge/freezer, integrated electric oven and gas hob with stainless steel extractor hood. Space for washing machine. Stainless steel 1.5 kitchen sink with mixer taps. Vinyl flooring.
Bedroom 1 – Double bedroom. Aerial/phone point. Carpeted.
Bedroom 2 – Single bedroom. Carpeted.
Bathroom - Over bath mixer shower with glass screen, wash hand basin and toilet. Vinyl flooring.
Gas heating and UPVC windows throughout.
External – One allocated parking space. Bin store. Bike storage.
Applications are on a first come first serve basis.
Key Features
55% Shared Ownership
One allocated parking space
Easy access to A14
Close to Stowmarket train station
Close to local schools
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: B
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 - Allocated
Outside Space/Garden: Yes - Communal Garden
Year property was built: 2008
Unit size: 59 square metres
Accessible measures: Enquire with provider
Heating: Gas
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 55%, full price £150,000, £4,125 Min Deposit. Calculated using a representative rate of 5.03%
