2 bedroom apartment for sale
The Old Works, Leight Street, HP11 2WR
Share percentage 50%, full price £355,000, £8,875 Min Deposit.
Share percentage 50%, full price £355,000, £8,875 Min Deposit.
Monthly Cost: £1,398
Rent £407,
Service charge £107,
Mortgage £884*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Eligibility Criteria:
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.
Summary
A dynamic collection of new-build studio, one and two bedroom apartments
Description
The high-end duplex apartments in The Old Works provide spacious living quarters with plenty of natural lighting –perfect for first-time buyers or young professionals. All apartments will have a compact but well thought out kitchen and bathroom finished with impeccable fittings.
*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. Service charges vary across plots.
Key Features
- Open plan living/dining area
- Separate kitchen space
- 2 double bedrooms
- W.C. on the first floor
- Built-in storage
- Laminated worktop
- Two tone high gloss units
- Matrix stainless steel four function single oven/Matrix frameless ceramic hob/Matrix pyramid design chimney extractor hood
- White bathroom suite
- Grey ceramic floor tiling to the bathroom
- Heated towel rail
- Pre-wired for broadband and Sky/Virgin connectivity
- Wall mounted electric convector heater with thermostatic control
- Electric hot water cylinder
- Main wired fire detection system
- LVT flooring in living area
- All bedrooms fully carpeted (except studios all LVT)
- PV panels for solar energy
- MVHR (Mechanical Ventilation With Heat Recovery)
Property Downloads
Key Information DocumentMap
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 £355,000, £8,875 Min Deposit. Calculated using a representative rate of 3.94%
