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£130,000
A well-presented two-bedroom home available via Shared Ownership resale with parking.
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
A well-presented two-bedroom home available via Shared Ownership with parking - register your interest to arrange your viewing!
This well-presented two-bedroom home is available for sale through the Shared Ownership resale scheme, with a 50% share available to purchase. Offering a comfortable and practical layout arranged over two floors and extending to approximately 70.9sqm, the property is ideal for first-time buyers or those looking to step onto the property ladder. The home features a spacious living room, a modern kitchen/breakfast room, and two generous double bedrooms, and the main bathroom, all finished to a good standard throughout. Externally, this home benefits from a private garden and parking for 2 cars.
Key Features
- Two-bedroom home available through Shared Ownership (50% share)
- Private parking for 2 vehicles
- Approximate internal area of 764 sq ft (70.9 sq m)
- Private Garden
- Spacious reception room for everyday living
- Modern kitchen/breakfast room with space for dining
- Two generous double bedrooms
- Arranged over two floors
- Well-presented throughout
- Located within a popular village setting
Key Information
- Tenure: Shared Ownership
- Available Shares from: 50%
- Full Market Value: £260,000
- Share Value (initial purchase) from: £130,000
- Rent (on unsold equity): £346.04
- Service Charge: £90.37 per month
- Lease Length: 119 years
- Council Tax Band: B
- EPC Rating: B
Location
Located at Farthing Land in the popular village of Elmswell, the property benefits from a range of local amenities including shops, cafés, schools and green spaces. Elmswell railway station offers direct services to Bury St Edmunds, Ipswich and Cambridge, making it ideal for commuters. Excellent road links via the A14 provide easy access to surrounding towns and the wider region, while the village itself offers a welcoming community feel.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Red Loft