Share percentage 50%, full price £285,000, £7,125 Min Deposit
Monthly Cost: £1,170
Rent £337,
Service charge £39,
Mortgage £794*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- You live or work in Somerset - Taunton Deane District
Summary
Detached house with two parking spaces
Description
This spacious three bedroom, detached house is in Highbridge. Enclosed garden and two parking spaces provided! Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring a spacious living room. The kitchen has an integrated oven, hob and hood. On this floor, you'll also find a WC and storage cupboards.
Upstairs, there are three comfortable bedrooms with an ensuite to the master. The bathroom has a modern, white suite.
You'll also have your own back garden and two parking spaces.
Please note a local connection to Somerset Council is required. This could mean living, working or having family living in the area.
Key Features
- Lease term remaining: 986 years
- Fitted kitchen with oven, hob and hood
- Spacious living room
- Modern, white bathroom suites
- Two parking spaces
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 986 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Rear 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 50%, full price £285,000, £7,125 Min Deposit. Calculated using a representative rate of 5.03%
