3 bedroom house for sale
*** UNDER OFFER*** 8 Clare Place, ME15 9ZF
Share percentage 40%, full price £360,000, £7,200 Min Deposit.
Share percentage 40%, full price £360,000, £7,200 Min Deposit
Monthly Cost: £1,280
Rent £412,
Service charge £66,
Mortgage £802*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
This property is a mid terrace two storey house.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room, and a Guest Cloakroom/WC.
First Floor: Landing, One Bedrooms, and a Bathroom/WC.
Second Floor: Two Bedrooms and a Bathroom/WC.
External: One allocated parking space.
Location
This property is positioned in an established residential area with usual amenities reasonably convenient.
Key Features
Purchase Information
For Sale is a 40% share of the property for £144,000.00 with an additional monthly charge of £478.74 which includes Rent and Service Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Rent review information:
As of 01/04/2025 the property charges will change due to Orbit’s Rent Review 2025. Therefore, the monthly rent will be £425.51, and the monthly service charge will be £45.45.
Particulars
Tenure: Not specified
Council Tax Band: D
Map
Material Information
Total rooms: 3
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
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
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 40%, full price £360,000, £7,200 Min Deposit. Calculated using a representative rate of 5.03%