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1 bedroom apartment for sale

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Elder Drive, LU5 7AX, Houghton Regis, LU5 7AX

£48,750 · Shared Ownership New Build

Share percentage 25.00%, full price £195,000, £2,438 Deposit.

Available
1 bedroom
1 Bathroom
£48,750 Shared Ownership New Build

Share percentage 25.00%, full price £195,000, £2,438 Deposit

Monthly Cost: £712
Rent £335, Service charge £112, Mortgage £265*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

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Summary

Linmere, a place to put down roots. A stylish collection of 1 & 2 bedroom apartments, 2 bedroom coach house and 2 & 3 bedroom houses. A beautiful new locality wit...

Description

Linmere, a place to put down roots. A stylish collection of 1 & 2 bedroom apartments, 2 bedroom coach house and 2 & 3 bedroom houses. A beautiful new locality with brand new school, community facilities, shops and open spaces. 3-bedroom family homes span three floors, offering ample living space. The ground floor features an open-plan kitchen and dining area, alongside a spacious lounge with garden access. The first floor hosts two bedrooms and a modern family bathroom. The entire second floor is dedicated to the main bedroom with a dressing area, providing a private retreat. 2-bed cottages present an open-plan kitchen and dining space, a spacious lounge with French doors opening to the garden, and a contemporary family bathroom. Crafted to a high standard, these homes are tailored for a modern lifestyle. Spacious 1 bedroom apartments, each with a private balcony. The bright, airy open-plan kitchen, lounge, and dining area, featuring doors to the balcony, create the ideal space for hosting and entertaining.

Particulars

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

Property Downloads
Key Information Document
Map
Leagrave (2.38 miles) Harlington (2.93 miles) Luton (4.82 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.

£48,750
Shared Ownership New Build
Estimated Monthly Cost:£712
Rent £335
Service Charge £112
Mortgage £265

Share percentage 10%, full price £195,000, £975 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.