Share Price £79,000 (from 50% Min. Share)

Full Value £158,000 | £3,950 Min. Deposit

Scheme: Shared Ownership

check_circle Available now

Manor Kingsway - 2 bed apartment in Derby - City of Derby

place Manor Kingsway, Kingsway Boulevard, DE22 3NH

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail

Heylo Housing

favorite_outline Save Property

An exceptional collection of 2-bedroom apartments


Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.


Description

A collection of contemporary 2-bedroom apartments with an open-plan living space. Each apartment benefits from a master bedroom with ensuite, a second double bedroom and a family bathroom.

Manor Kingsway are offering:

  • Flooring included
  • £1,000 John Lewis Vouchers

Terms and conditions: Available on selected plots only, offer ends 30th June 2021. Not available in conjunction with any other offer and no cash alternative.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.


Key Features

  • Open plan kitchen/dining/living area
  • Ensuite to the master
  • Built-in storage
  • Kitchen units with soft-close drawers and doors
  • Stainless steel four-ring gas hob/under counter single oven
  • White sanitaryware
  • Chrome heated towel rails
  • Gas-fired central heating
  • Vaillant condensing boiler with hot water cylinder

Download Documents

Link to the floor plan
Budget Calculator
arrow_backwards Back to Manor Kingsway - 2 bed apartment in Derby - City of Derby

Calculate Monthly Cost

Share price
£ 79,000
Min. £79,000
Share percentage
Min. 50%
Your deposit
Min. £3,950
Monthly cost*
£620
Cost breakdown
£181
Rent
£45
Service charge
£394
Mortgage*
Calculated using a representative rate of 3.94%
help

Sign in to Register Your Interest mail

Heylo Housing

favorite_outline Save Property

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.