3 bedroom house for sale

Under Offer

Wright Close, , LE8 6QZ

£206,250 · Shared Ownership Resale

Share percentage 75%, full price £275,000, £20,625 Min Deposit.

Under Offer
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£206,250 Shared Ownership Resale

Share percentage 75%, full price £275,000, £20,625 Min Deposit.

Monthly Cost: £1,200
Rent £124, Service charge £29, Mortgage £1,047*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A 3 bed shared ownership property available in Whetstone, Leicester

Description

Beautiful, spacious semi-detached house in Leicestershire available through Shared Ownership. The ground floor of the property comprises an entrance hall, open plan kitchen and reception room, and a cloakroom/WC. The first floor of the property comprises a landing, three large bedrooms, and a family bathroom. The property also benefits from both front and rear gardens and a side driveway which provides two parking spaces.

Minimum income required: £67,198

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 10%.

Available for £206,250 for 75% share based on the marketing figure of £275,000.

Monthly rent - £124.07
Monthly Service Charge - £28.80
Total Monthly Charge - £152.87 plus mortgage required for 75% share.

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Other information

All room dimensions are approximate.

Please note figures given for the rent and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.

Key Features
  • Three bedrooms
  • Two parking spaces
  • Open plan living area
  • Garden
  • Allocated parking
  • Available for 75% share
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Narborough (1.48 miles) South Wigston (2.40 miles) Leicester (5.43 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.

£206,250
Shared Ownership Resale
Estimated Monthly Cost:£1,200
Rent £124
Service Charge £29
Mortgage £1,047

Share percentage 75%, full price £275,000, £20,625 Min Deposit. Calculated using a representative rate of 4.64%


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.