3 bedroom house for sale
Mereheath Close, Davenham, CW9 8SP
Share percentage 50%, full price £370,000, £9,250 Min Deposit.
Share percentage 50%, full price £370,000, £9,250 Min Deposit
Monthly Cost: £1,489
Rent £394,
Service charge £65,
Mortgage £1,030*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Davenham, Northwich
Description
Spacious and modern three-bedroom semi-detached house now available in Davenham through Shared Ownership.
The property was built in 2019 and comprises a wide living room, a separate kitchen and dining room, and a small toilet on the ground floor. Upstairs, there are three bedrooms, one of which is ensuite, along with a family bathroom.
There's also a large private rear garden with plenty of green. Driveways available up front.
Available for £185,000 for 50% share based on the marketing figure of £370,000.
Monthly rent - £393.92
Monthly Service Charge - £64.59
Total Monthly Charge - £458.51 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located in a tranquil residential area in Davenham, which sits south between Liverpool and Manchester, which are both reachable within the hour by car. Northwich is also quite close, just a 10-minute drive.
A local bus stop, just a few minutes' walk away, can allow travel locally by public transport.
Most amenities are nearby, including restaurants, pubs, and supermarkets. A few schools are also within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 119
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom semi-detached house
- Large rear garden
- Ensuite bedroom
- Modern building (2019)
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
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
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 £370,000, £9,250 Min Deposit. Calculated using a representative rate of 5.03%
