3 bedroom house for sale
26 Newark Road, PE1 5YJ
Share percentage 35%, full price £230,000, £4,025 Min Deposit.
Share percentage 35%, full price £230,000, £4,025 Min Deposit
Monthly Cost: £869
Rent £385,
Service charge £36,
Mortgage £448*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Spacious, Modern Three Bedroom Semi Detached House
Description
Description:
The property comprises a two-storey semi-detached house built in 2021, with one previous owner.
It is of a conventional construction with attractive brick-faced external cavity walls beneath a pitched roof covered with tiles. All mains' services are connected, and the property has a full gas-fired central heating system.
The property occupies a good-sized plot, with one of the larger garden sizes on the estate and has a tandem length driveway.
The interest in the Property to be valued is Freehold.
Accommodation:
The property has a separate lounge, kitchen/dining room, under stairs storage, wc to the ground floor. On the first floor are 3 spacious bedrooms, further storage, and a family bathroom. There are plenty of electrical sockets throughout with a TV point to the lounge and bedrooms. The bathroom comes with a thermostatic mixer shower over the bath and full height tiling to the bath area and a glass shower screen.
Externally there is a mature but low maintenance garden to the front. As well as a porch area over the front door with external lighting. To the rear is a generous sized garden (one of the larger sized gardens on the new build estate), with patio and lawn areas and a well-kept shed.
The garden has the added bonus of a children's swing and slide set, as well as trampoline.
Specification Highlights:
Built-in electric oven, gas hob & extractor.
Modern, neutral kitchen cabinets and worktops.
Modern white sanitary ware with thermostatic shower over the bath & screen
Vinyl flooring to kitchen, toilet & bathroom
Fully enclosed turfed rear garden with shed and play equipment.
Carpeting to all other rooms.
Generous parking to the side of the property that can fit 2-3 cars depending on size.
Location
The property is situated on the edge of a modern development within an area of mixed residential commercial use in Peterborough.
There are various bus links local to the property to help access various parts of the city, a supermarket only a few minutes away as well local convenience stores nearby.
There is a children's play park within the new build estate, as well as others in a walkable distance. The property is also only a short drive from Town Park and Ferry Meadows Nene Park.
There are various good rated primary and secondary schools within walking distance.
The city centre is only a short t drive away, as well as Cinema, bowling and other recreational places minutes away.
‘These brief particulars have been prepared and are intended as a convenient guide to supplement an inspection or survey and do not form any part of an offer or contract. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information supplied by others. Design elements and specification details may change without notice. You should verify the particulars on your visit to the property and the particulars do not replace the need for a survey and appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any information given. Further Information regarding Shared Ownership available on request.’
Key Features
The Numbers:
Full market value: £230,000
Shares from: 35%
Share value: £85,500
Monthly rent: £385.39
Monthly service charge: £35.58
*Please note that higher shares can be purchased as part of the sales process. The rent will be reduced accordingly.
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C
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 - Driveway
Outside Space/Garden: Yes - Enclosed Garden
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 35%, full price £230,000, £4,025 Min Deposit. Calculated using a representative rate of 5.03%
