2 bedroom house for sale

Available

60 Phillips Way West, Hampton Magna, CV35 8NJ

£73,750 · Shared Ownership New Build

Share percentage 25%, full price £295,000, £3,688 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£73,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £295,000, £3,688 Min Deposit.

Monthly Cost: £925
Rent £507, Service charge £50, Mortgage £368*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2 bedroom semi-detached house in the Bertone Gardens development. The price advertised represents purchasing a 25% share of the home.

Description

Wonderful 2 bedroom semi-detached house in the Bertone Gardens development. The price advertised represents purchasing a 25% share of the home.

About the Development

These stunning brand new three bedroom homes are situated on the Barratt Homes ‘Bertone Gardens’ development which is located on the edge of Barton Seagrave surrounded by rolling Countryside.A brand new community is emerging which will incorporate new schools, public open space, various shops alongside healthcare facilities. This is in addition to the excellent Commuter links on offer.This development is sure to appeal to a range of buyers including families, first time buyers, those looking to downsize and working professionals alike.

About the Home

Entering via the main front door, there is a hallway with stairs ahead and the lounge to one side. Through the lounge and to the rear of the property there is a spacious and open plan kitchen/Dining area. The ground floor also boasts a WC, Storage cupboard and private rear garden.

On the first floor the landing leads to all rooms on this floor. Both bedrooms offer a great amount of space as well as large windows for natural light. There is also a three piece bathroom with shower over bath.

About the Area

Barton Seagrave is a lovely village location situated within a suburb of Kettering. The surrounding countryside is idyllic and the greenery is beautiful. The village has a wide range of amenities including a convenience Store and Post office, newly erected Village Hall and pub.

The area also boasts great transport links for those looking to commute or make domestic trips. Furthermore there is a selection of local 'good' Ofsted rated school in the area for those with youngsters.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. 2 bedroom semi-detached house
  2. Flooring throughout
  3. Storage space
  4. Ground floor WC
  5. Modern fitted kitchen
  6. Private Garden
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Property Downloads
Floor Plan Energy Certificate
Map
Warwick Parkway (0.50 miles) Warwick (1.73 miles) Hatton (2.35 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.

£73,750
Shared Ownership New Build
Estimated Monthly Cost:£925
Rent £507
Service Charge £50
Mortgage £368

Share percentage 25%, full price £295,000, £3,688 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.