Share Price £100,000 (from 50% Min. Share)

Full Value £200,000 | £5,000 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

3 bedroom house in Eye - City of Peterborough

place Merevale Drive, PE6 7PZ

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Homemade Homes

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A 50% share in this three bedroom end town house is available to purchase.


Eligibility

https://homemadehomes.com/help-advice/share-ownership-guide/


Description

We are pleased to offer to the market this very well presented three bedroom end town house set over three floors.

The property comprises:- hall, kitchen, w.c/cloakroom, living room, to the first floor are two bedrooms, and a family bathroom, to the third floor is a further bedroom.

Externally there is a garage with parking space and a rear garden.

50% Share Available


Key Features

Three bedroom end town house

Living room

Three bedrooms

Family bathroom

Garage

Allocated parking

Rear garden


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Calculate Monthly Cost

Share price
£ 100,000
Min. £100,000
Share percentage
Min. 50%
Your deposit
Min. £5,000
Monthly cost*
£770
Cost breakdown
£236
Rent
£36
Service charge
£498
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.