2 bedroom apartment for sale
Wellbrook Way, CB3 0FW
Share percentage 40%, full price £310,000, £6,200 Min Deposit.
Share percentage 40%, full price £310,000, £6,200 Min Deposit.
Monthly Cost: £1,153
Rent £423,
Service charge £31,
Mortgage £699*
Calculated using a representative rate of 5.15%
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 Flat
Description
A purpose-built ground-floor flat in a three-storey block of approximately 12 units.
Ground Floor: Hallway, family bathroom, bedroom one, bedroom two, kitchen/breakfast room.
Parking: One off-road space.
There are approximately 123 years remaining on the lease.
Please note that there is a staircasing restriction of 80% on this property.
Please note, before a viewing can be arranged you will be required to provide photographic Identification which will be passed to the Vendor.
Particulars
Tenure: Leasehold
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 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.
Share percentage 40%, full price £310,000, £6,200 Min Deposit. Calculated using a representative rate of 5.15%