2 bedroom house for sale
Foxglove Crescent, , LE12 6WB
Share percentage 60%, full price £195,000, £5,850 Min Deposit.
Share percentage 60%, full price £195,000, £5,850 Min Deposit.
Monthly Cost: £794
Rent £179,
Service charge £33,
Mortgage £582*
Calculated using a representative rate of 3.92%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Loughborough, Nottinghamshire
Description
Modern and well-presented two-bedroom mid-terraced house available through shared ownership in Loughborough. The ground floor of the property comprises a lounge, kitchen, and downstairs W.C. The first floor comprises two bedrooms and a family bathroom. The property also benefits from a garden and driveway to the front of the property and a further private garden at the rear.
Minimum income required: £39,618
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £117,000 for 60% share based on the marketing figure of £195,000.
SO Resi Monthly Payment - £178.99
Monthly Service Charge - £32.62
Total Monthly Charge - £211.61 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 - B
Environmental Impact Band - B
All room dimensions are 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
- Two bedroom
- Mid-terraced house
- Private rear garden
- Front garden and driveway
- 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 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 60%, full price £195,000, £5,850 Min Deposit. Calculated using a representative rate of 3.92%
