2 bedroom house for sale
Trevelyan Grange, Pottery Bank, NE61 1DE
Share percentage 50%, full price £199,950, £4,999 Min Deposit.
Share percentage 50%, full price £199,950, £4,999 Min Deposit.
Monthly Cost: £738
Rent £229,
Service charge £11,
Mortgage £498*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
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 collection of new homes in the vibrant market town of Morpeth.
Description
The Telford is ideal for first-time buyers and downsizers.
The easy-living layout has a living room with French doors to the garden, a kitchen with space for a dining table, 2 bedrooms and a separate bathroom. There are 2 useful storage cupboards in the hall.
*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
- Separate living area
- Separate kitchen with room for a dining area
- Built-in storage
- Mock-style Victorian sash windows to front only
- Gas central heating
- Fitted kitchen units/worktop/stainless steel splash back/stainless steel 4 ring gas hob
- Contemporary style sanitary ware (Tempo Range)
- Smoke detectors
Property Downloads
Key Information Document Floor PlanMap
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 £199,950, £4,999 Min Deposit. Calculated using a representative rate of 3.94%
