2 bedroom house for sale
Frankley Beeches Road, Northfield, B31 5NH
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Monthly Cost: £1,087
Rent £371,
Service charge £40,
Mortgage £676*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
Summary
The Savage
Description
Charming two bedroom home. Open plan kitchen/diner.
Downstairs there's also a separate lounge and WC. Upstairs you'll find a spacious double bedroom, second bedroom and bathroom.
Am I eligible?Restrictions and eligibility criteria apply to shared ownership homes to ensure the scheme benefits those who need it most. Further details can be found on our href="~/link.aspx?_id=CC0A5D1B87F14B35A8DCC60C21B504FA&_z=z">shared ownershippage.
Key Features
- Energy efficient features
Particulars
Tenure: Not specified
Council Tax Band: Not specified
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 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 £270,000, £5,400 Min Deposit. Calculated using a representative rate of 6.24%
