2 bedroom house for sale
Lancaster Court, Newstead Rise, RG2 8JX
Share percentage 30%, full price £1,900,000, £28,500 Min Deposit.
Share percentage 30%, full price £1,900,000, £28,500 Min Deposit.
Monthly Cost: £3,290
Rent £305,
Service charge £145,
Mortgage £2,840*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
2 Bedroom maisonettes available at SO Resi Lancaster Court
Description
Type:2 bedroom ground floor maisonette
Size and detail
Ground Floor: Private entrance lobby. Entrance hall with fitted airing cupboard. Reception room; 3.26 x 5.30 plus bay
window. Kitchen; 2.17 x 3.22. Bathroom with WC. Bedroom one; 3.07 x 3.61. Bedroom two; 2.35 x 3.62.
Outside: Communal grounds and areas, including bin store. Allocated parking space.
Map
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 30%, full price £1,900,000, £28,500 Min Deposit. Calculated using a representative rate of 3.94%
