Share Price £52,500 (from 50% Min. Share)

Full Value £105,000 | £2,625 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Derby - City of Derby

place Brook House, Brook Street, DE1 3PF

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A well presented and spacious two bedroom Apartment in the Brookbridge development on Brook Street


Description

Full Description

A two bedroom apartment located in Derby available through Shared Ownership Scheme.

Available for £52,500 for 50% share based on the marketing figure of £105,000.

A well presented and spacious two bedroom Apartment in the Brookbridge development on Brook Street. The property comprises; a open plan kitchen and living area, two double bedrooms and a bathroom. There is an allocated, covered parking space accessed through electric remote controlled iron gates and a telephone intercom system which controls the main entry doors.

The development is a five minute walk to the city centre and the historic Friargate, and is therefore well placed for access to Derby city centre and its associated amenities, public transport links and major road networks including the A38, A52 and A6.

There is a local GP surgery, Dentist and at less than 1 minute to Banks Mill Art studio.

EPC Rating

Energy Rating Band - B
Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.


Key Features

Two bedroom
Second floor
Good condition
Parking
Communal garden space
Double glazed
Close to local amenities
Available for 50% share


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Calculate Monthly Cost

Share price
£ 52,500
Min. £52,500
Share percentage
Min. 50%
Your deposit
Min. £2,625
Monthly cost*
£606
Cost breakdown
£237
Rent
£107
Service charge
£262
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.