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£122,500
A 2 bed shared ownership property available in Bury St. Edmunds, Suffolk
Bright and modern two-bedroom terraced house now available in Suffolk, through Shared Ownership.
The property features a reception room, a separate kitchen, and a toilet on the ground floor. On the first floor, there are two bedrooms and one bathroom.
The property offers residents a garage in the back.
Available for £122,500 for 50% share based on the marketing figure of £245,000.
Monthly rent - £324.34
Monthly Service Charge - £74.83
Total Monthly Charge - £399.17 plus mortgage required for 50% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is located in a well‑established residential neighbourhood known for its convenience and family‑friendly feel. Everyday amenities are close at hand, with a large supermarket and convenience store within a 5‑minute walk, along with a local health centre around 10 minutes on foot. A range of gyms and leisure facilities is located nearby within a 5‑minute drive, while open green spaces and playing fields are within about 10 minutes on foot, offering easy access to outdoor recreation. The historic town centre of Bury St Edmunds, with its markets, cafés, restaurants and cultural attractions, is approximately 2 miles away and can be reached in around 5 minutes by car or 10 minutes by bus. Bury St Edmunds railway station lies around 1.8 miles away and provides regular services to Cambridge in approximately 40 minutes, with onward connections to London. Journeys to London Liverpool Street typically take around 1 hour and 50 minutes. EPC ratingEnergy rating band - C
Environmental rating band - B
Lease informationYears remaining on lease: 109
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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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