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2 bedroom house for sale

Under Offer

Rainsborow Way, SG8 7FY, Royston, SG8 7FY

£152,000 · Shared Ownership New Build

Share percentage 40.00%, full price £380,000, £7,600 Deposit.

Under Offer
2 bedrooms
1 Bathroom
£152,000 Shared Ownership New Build

Share percentage 40.00%, full price £380,000, £7,600 Deposit

Monthly Cost: £1,387
Rent £523, Service charge £38, Mortgage £826*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

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Summary

Meridian Gate is a popular development situated in the delightful, sought-after town, Royston. With 2 & 3 bedroom homes coming soon for you to put down your roots. Ap...

Description

Meridian Gate is a popular development situated in the delightful, sought-after town, Royston. With 2 & 3 bedroom homes coming soon for you to put down your roots. Applicants must have an eligible connection* to North Hertfordshire.

These homes will be reserved off plan. Settle do not have a show home at this development.

Eligible connections*:

  • Currently living or working in North Hertfordshire
  • Immediate family living in North Hertfordshire (immediate family counts as parents, children or siblings)

We are required to prioritise people have an eligible connection to North Hertfordshire. If two or more customers from the same priority group (those with an eligible connection) apply then we'll offer the home on a First Come First Served basis.

Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document
Map
Royston (0.87 miles) Meldreth (2.66 miles) Shepreth (4.53 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: No

Outside Space/Garden: No

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£152,000
Shared Ownership New Build
Estimated Monthly Cost:£1,387
Rent £523
Service Charge £38
Mortgage £826

Share percentage 10%, full price £380,000, £1,900 Min Deposit. Calculated using a representative rate of 4.78%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.