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2 bedroom house for sale

Available

109 Efford Lane, PL3 6LT

£76,000 · Shared Ownership Resale

Share percentage 40%, full price £190,000, £3,800 Min Deposit.

Available
2 bedrooms
1 Bathroom
£76,000 Shared Ownership Resale

Share percentage 40%, full price £190,000, £3,800 Min Deposit

Monthly Cost: £739
Rent £292, Service charge £24, Mortgage £423*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

Nestled in the charming area of Efford Lane, Plymouth, this modern end-terrace house offers a delightful blend of comfort and convenience. The house features two spacious bedrooms.

Description

ABOUT THE HOME
Welcome to this charming 2-bedroom end-terrace house, an ideal home for first time buyers, couples or small families.

Upon entering, you are welcomed into the entrance hall with a carpeted floor, offering access to a convenient downstairs cloakroom and a large understairs storage cupboard, perfect for stowing away coats, shoes, and everyday essentials. The open-plan kitchen and living area provides a spacious yet homely feel, with the lounge area separated by a soft carpet. Large French windows and patio doors flood the space with natural light and provide easy access to the rear garden. The kitchen area features low-maintenance vinyl flooring and is equipped with a stainless-steel sink, a gas hob, an electric oven, as well as space for a fridge/freezer and a washer/dryer.

Upstairs, both bedrooms are generously sized and carpeted. Bedroom one benefits from a partial sea view. The bathroom is fitted with vinyl flooring and a classic white suite. The walk-in shower with a modern shower screen adds a touch of luxury and practicality.

Externally, the back garden is designed for ease of upkeep, with Astroturf ensuring a low-maintenance outdoor space. There is one allocated parking space, providing added convenience.

OTHER BITS TO NOTE
One allocated parking space.

Council tax banding: B

Remaining lease term: 114 years.

*While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • Two-bedrooms
  • One allocated parking space
  • Private rear garden
  • Remaining lease term - 114 years
  • 40% share - £76,000
  • End-terrace house
  • Monthly rent - £292.48
  • Standard model shared ownership
Particulars

Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: B

Property Downloads
Key Information Document Brochure
Map
Plymouth (1.58 miles) Devonport (2.76 miles) Dockyard (2.90 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

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

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.

£76,000
Shared Ownership Resale
Estimated Monthly Cost:£739
Rent £292
Service Charge £24
Mortgage £423

Share percentage 40%, full price £190,000, £3,800 Min Deposit. Calculated using a representative rate of 5.03%


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.