Share Price £94,900 (from 65% Min. Share)

Full Value £146,000 | £4,745 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Cambridgeshire

place 17 Townsend Close, Lincoln Road, PE1 2SN

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A 65% share in this two bedroom first floor flat is available to purchase.


Eligibility

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


Description

A 65% share in this two bedroom first floor flat is available to purchase.

The accommodation includes:- Entrance hall, open plan kitchen/diner and lounge area, master bedroom, a second bedroom and family bathroom. The property benefits from allocated parking.


Key Features

First Floor Flat

Two Bedrooms

Kitchen/Diner

Allocated parking

65% share available


Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 94,900
Min. £94,900
Share percentage
Min. 65%
Your deposit
Min. £4,745
Monthly cost*
£694
Cost breakdown
£105
Rent
£116
Service charge
£473
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.