2 bedroom apartment for sale
27 Victoria Court, New Street, CM1 1GL
Share percentage 50%, full price £270,000, £13,500 Min Deposit.
Share percentage 50%, full price £270,000, £13,500 Min Deposit
Monthly Cost: £1,298
Rent £488,
Service charge £128,
Mortgage £682*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Fabulous Two Bed City Centre Apartment with Balcony
Description
Offered with 50% shared ownership, a beautifully presented two double bedroom apartment situated within a modern development close to shops, schools and excellent transport facilities.
The property offers resident parking facilities, security entryphone, and personal balcony accessed via the open plan lounge. The property also currently enjoys an unexpired lease of approximately 170 years.
Applicable costs should be noted as follows;
Rent £488.26
Service charge £127.18
Building Insurance £36.00
Management charge £18.33
Building fund £29.66
Total costs £699.43 per month
Any further mortgage payments, council tax and general bills will of course be extra to the above figures.
Please call for further details and to book your viewing!
Particulars
Tenure: Leasehold
Lease Length: 170 years
Council Tax Band: C
Property Downloads
Floor PlanMap
Material Information
Total rooms: 5
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Gated
Outside Space/Garden: Yes
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
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 50%, full price £270,000, £13,500 Min Deposit. Calculated using a representative rate of 4.59%
