1 bedroom apartment for sale
Scribers Drive, , NN5 4ES
Share percentage 55%, full price £125,000, £6,875 Min Deposit.
Share percentage 55%, full price £125,000, £6,875 Min Deposit.
Monthly Cost: £522
Rent £68,
Service charge £99,
Mortgage £355*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Northampton, Northamptonshire
Description
Spacious ground floor flat located in Northampton available for sale through the Shared Ownership Scheme. The property comprises one double bedroom, open plan lounge area with ample storage space throughout, a contemporary kitchen with integrated appliances and bathroom with shower over bath. Externally the property offers allocated parking space and well-maintained communal areas.
- Minimum income requirement - £21,459
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Available for £68,750 for 55% share based on the marketing figure of £125,000.
SO Resi Monthly Payment - £67.56
Monthly Service Charge - £99.43
Total Monthly Charge - £166.99 plus mortgage required for 55% share.
Spacious one bedroom house located in Northampton available through the Shared Ownership Scheme.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsLounge / Kitchen:
6.61m x 3.79m (max)
Bedroom:
3.59m x 2.74m
Bathroom:
2.06m x 2.12m
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- One bedroom apartment
- Ground floor
- Great condition
- Double glazed windows
- Allocated parking space
- Secure bicycle storage
- Close to local amenities in Northampton
- Well-kept communal area
- Available for 55% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 55%, full price £125,000, £6,875 Min Deposit. Calculated using a representative rate of 4.80%
