1 bedroom apartment for sale

Under Offer

Scribers Drive, , NN5 4ES

£68,750 · Shared Ownership New Build

Share percentage 55%, full price £125,000, £3,438 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£68,750 Shared Ownership New Build

Share percentage 55%, full price £125,000, £3,438 Min Deposit.

Monthly Cost: £510
Rent £68, Service charge £99, Mortgage £343*

Calculated using a representative rate of 3.94%

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 dimensions

Lounge / Kitchen:
6.61m x 3.79m (max)

Bedroom:
3.59m x 2.74m

Bathroom:
2.06m x 2.12m

EPC rating

Energy Rating Band - C
Environmental Impact Band - C

Other information

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
Property Downloads
Floor Plan
Map
Northampton (1.51 miles) Long Buckby (7.49 miles) Wellingborough (12.24 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£68,750
Shared Ownership New Build
Estimated Monthly Cost:£510
Rent £68
Service Charge £99
Mortgage £343

Share percentage 55%, full price £125,000, £3,438 Min Deposit. Calculated using a representative rate of 3.94%


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.