Share Price £57,500 (from 50% Min. Share)

Full Value £115,000 | £2,875 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Kettering - Northamptonshire

place 14 Cedar Court,, Cedar Road, NN16 9GZ

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A 50% share in this two bedroom first floor flat is available to purchase.


Eligibility

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


Description

We are pleased to offer to the market a 50% share in this two bedroom well presented first floor flat is available to purchase. The property comprises:- hallway, kitchen, living room, two bedrooms, bathroom.

Externally there is an allocated parking space.


Key Features

First floor flat

Two bedrooms

Family bathroom

Allocated parking

50% share available


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Calculate Monthly Cost

Share price
£ 57,500
Min. £57,500
Share percentage
Min. 50%
Your deposit
Min. £2,875
Monthly cost*
£564
Cost breakdown
£184
Rent
£93
Service charge
£287
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.