Share Price £92,500 (from 50% Min. Share)

Full Value £185,000 | £4,625 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Dunstable - Bedfordshire

place Daimler Drive, LU6 1FE

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Paradigm Housing Group

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2 Bedroom Flat


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Description

Presenting a purpose built third floor flat forming part of a four storey development which fronts directly onto High Street North.

The property forms part of a large high density residential estate situated on the northern outskirts of the town immediately to the west of the A5. Local amenities are considered to be good and there is easy access to the town centre.

The property consists of: Entrance hall, lounge/kitchen, bedroom 1 with dressing room area, bedroom 2, bathroom with wc.

Please note, before a viewing can be arranged you will be required to provide photographic identification which will be passed to the vendor.


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Calculate Monthly Cost

Share price
£ 92,500
Min. £92,500
Share percentage
Min. 50%
Your deposit
Min. £4,625
Monthly cost*
£722
Cost breakdown
£188
Rent
£73
Service charge
£461
Mortgage*
Calculated using a representative rate of 3.94%
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Paradigm Housing Group

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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.