3 bedroom house for sale

Available

22 Mosaic Mews, Blandford St Mary, DT11 9FS

£162,500 · Shared Ownership New Build

Share percentage 50%, full price £325,000, £8,125 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£162,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £325,000, £8,125 Min Deposit.

Monthly Cost: £1,446
Rent £372, Service charge £57, Mortgage £1,017*

Calculated using a representative rate of 6.24%

Calculate estimated monthly costs

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Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 3 bedroom terraced house in the St Mary’s Hill development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 3 bedroom terraced house in the St Mary’s Hill development. The price advertised represents purchasing a 50% share of the home.

Eligibility Criteria - you must meet the following:

1. You live within the Local Area at an address registered for Council Tax

2. You have permanent employment within the Local Area

3. You have a close relative(s): ie, Mother, Father, Children or Siblings who have resided in the Local Area for a minimum of 5 years with whom you have maintained regular contact with.

The Primary catchment area is defined as: Greater Dorset Region

About the Development

Situated on the Bellway Homes St Mary’s Hill development,these brandnew three bedroom homes are located just one mile South of Blandford and are sure to prove popular with a range of buyers.St Mary’s Hill is also well placed for families with a number of highly regarded schools located just a short distance away. There are also a number of popular local attractions as well as green spaces and parks within walking distance making these homes a popular choice for all ages.

About the Home

Entering on the ground floor into the hallway with a W/C which comprises of a low level WC and pedestal wash basin and stairs leading to the first floor. Off the hallway there is a kitchen with fitted base and wall units with worktop over, fitted hob, electric oven and stainless steel extractor hood. To the rear on the property is the spacious living room/dining room with access leading on the rear garden. On the first floor, you will find three good sized double bedrooms with the main bathroom to the front. The main bathroom incorporating a modern three-piece suite of low level WC, pedestal wash basin and bath with shower over. Vinyl type flooring is fitted to the bathroom with carpets provided elsewhere upstairs.

Externally, the property is offered with two off road car parking spaces and enclosed rear garden.

About the Area

St. Mary’s Hill ispositioned amileaway fromthequainttown of Blandfordas well as being13 milesaway from nearbyPoole. The A354 is just a fewminutes drivefrom the development and providesaccess to Salisbury in approximately 35minutes, while the coastal town of Bournemouth is around40 minutes away, via the A350.St Mary’s Hill isalsowell placedfor families with a number of highly regarded schools located just a short distance away. There are also a number of popular local attractions as well as green spaces and parks within walking distance making these homes a popular choice for all ages.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. 3 bedroom end terraced house
  2. Flooring throughout
  3. Storage space
  4. Modern fitted kitchen
  5. Allocated parking
  6. Private garden
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Holton Heath (10.19 miles) Hamworthy (10.56 miles) Wareham (11.01 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.

£162,500
Shared Ownership New Build
Estimated Monthly Cost:£1,446
Rent £372
Service Charge £57
Mortgage £1,017

Share percentage 50%, full price £325,000, £8,125 Min Deposit. Calculated using a representative rate of 6.24%


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.