3 bedroom house for sale

Available

Wharf Lane, B91 2UN

£171,000 · Shared Ownership Resale

Share percentage 60%, full price £285,000, £8,550 Min Deposit.

Available
3 bedrooms
£171,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £285,000, £8,550 Min Deposit.

Monthly Cost: £1,159
Rent £288, Service charge £19, Mortgage £852*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility

Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum when eligible to purchase.
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.

Summary

Three bedroom house available as shared ownership

Description

Priced at £171,000 for a 60% share
Full market value of £285,000
Current rent payable £288.35 pcm
Service charges are currently £18.79 pcm
Subject to annual reviews.

Viewings are by appointment only. Please can you ensure that you submit your interest through the Share to Buy Website and we will contact you with all the relevant information to arrange that viewing.

If you would like to apply for this property after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@optivo.org.uk

All completed application forms need to be returned to Optivo by : as soon as possible

Please note that if a high volume of applications is received, the deadline date might be brought forward.

Key Features
  • Walking distance to Solihull town centre
  • Two parking spaces within a private car park
  • Excellent schools nearby
  • Closest stations are Olton and Solihull
Property Downloads
Brochure
Map
Solihull (1.14 miles) Olton (1.67 miles) Widney Manor (2.09 miles)
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 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.

£171,000
Shared Ownership Resale
Estimated Monthly Cost:£1,159
Rent £288
Service Charge £19
Mortgage £852

Share percentage 60%, full price £285,000, £8,550 Min Deposit. Calculated using a representative rate of 3.94%


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.