2 bedroom house for sale
Chalk Hill, , CB22 5DQ
Share percentage 60%, full price £370,000, £22,200 Min Deposit.
Share percentage 60%, full price £370,000, £22,200 Min Deposit.
Monthly Cost: £1,342
Rent £231,
Service charge £30,
Mortgage £1,081*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Cambridge, Cambridgeshire
Description
Spacious two-bedroom terrace house in a quiet village in Cambridge. The property comprises a kitchen diner with a separate living area with access to rear garden, bathroom with WC, entrance hall with storage, master bedroom, and secondary bedroom. The property includes front and rear gardens and parking space.
Minimum income required: £73,492
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £222,000 for 60% share based on the marketing figure of £370,000.
SO Resi Monthly Payment - £231.17
Monthly Service Charge - £30.24
Total Monthly Charge - £261.41 plus mortgage required for 60% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
All room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- Terraced house
- Front and rear garden
- Off road parking
- Close to train station
- Quiet village location
- Close to local amenities
- Available for 60% 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 60%, full price £370,000, £22,200 Min Deposit. Calculated using a representative rate of 4.24%
