1 bedroom apartment for sale
14 Muchelney House, Abbots Close, TA19 0EF
Share percentage 50%, full price £125,000, £3,125 Min Deposit.
Share percentage 50%, full price £125,000, £3,125 Min Deposit.
Monthly Cost: £782
Rent £193,
Service charge £278,
Mortgage £311*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
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.
- You must be at least 55 years old
Summary
Over 55s apartment now available
Description
This one bedroom, ground floor apartment is in Ilminster. Your own entrance and fitted kitchen provided! Available on Over 55s Shared Ownership resale you could buy with just a 5% deposit.
Featuring an open-plan living / dining room. The kitchen fitted top and base units. The bedroom is a comfortable double with a wardrobe. The bathroom has a modern, white suite.
This home is available with extra care, as part of our Over 55s scheme.
- Tenure: Leasehold.
- Council tax band: A.
- Service charge is reviewed once a year.
- Energy rating C.
Key Features
- Lease term remaining: 95 years
- Extra care property
- Open-plan living / dining room
- White sanitaryware to bathroom
- Built-in storage
Property Downloads
Floor Plan Energy CertificateMap
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 50%, full price £125,000, £3,125 Min Deposit. Calculated using a representative rate of 3.94%
