2 bedroom house for sale

Under Offer

**UNDER OFFER** 18 Chaplin Grove, MK8 0DQ

£157,500 · Shared Ownership Resale

Share percentage 50%, full price £315,000, £7,875 Min Deposit.

Under Offer
2 bedrooms
2 Bathrooms
Private Garden
Parking
£157,500 Shared Ownership Resale

Share percentage 50%, full price £315,000, £7,875 Min Deposit.

Monthly Cost: £1,060
Rent £203, Service charge £46, Mortgage £811*

Calculated using a representative rate of 4.25%

Calculate estimated monthly costs

£
Summary

This property is a detached bungalow.

Description

Accommodation

Ground Floor: Entrance Hall, Lounge, Dining Room, Kitchen, Cloakroom with WC, Two Bedrooms and Bathroom with WC.

Improvements: Double glazing to doors and windows, refitted kitchen and bathroom and a new gas fire.

External: Lawned garden and parking.

Key Features

Location

This property is positioned in a residential area and is within walking distance of Milton Keynes town centre.

Purchase Information

For Sale is a 50% share of the property for £157,500 with an additional monthly charge of £248.65 which includes Rent and Insurance.

The Full Market Value of £315,000 does not take into account the extensive improvements that have been undertaken in this property.

Therefore the 50% share of £157.500 has an additional £10,000 to be added to cover theimprovement valuebringing the total payment required to £167,500.

Please take this into account with your finances asMortgage Lenders will only loan on the market share valuation and not take into account the improvements value. You will therefore require a large deposit of £10,000 plus any that your lender requires.

Additional Information

If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
Milton Keynes Central (1.50 miles) Wolverton (2.74 miles) Bletchley (3.60 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 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.

£157,500
Shared Ownership Resale
Estimated Monthly Cost:£1,060
Rent £203
Service Charge £46
Mortgage £811

Share percentage 50%, full price £315,000, £7,875 Min Deposit. Calculated using a representative rate of 4.25%


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.