2 bedroom apartment for sale
**UNDER OFFER** 54 Lovat Mead, TN38 8EH
Share percentage 50%, full price £170,000, £8,500 Min Deposit.
Share percentage 50%, full price £170,000, £8,500 Min Deposit.
Monthly Cost: £805
Rent £247,
Service charge £127,
Mortgage £431*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
The apartment is located on the ground floor of a storey block of apartments.
Description
Accommodation
Ground Floor: Kitchen, Lounge, Two Bedrooms and Bathroom/WC.
External: Allocated single parking space.
Location
This property is positioned in a residential area and is 1.6 miles distance of St Leonard town centre.
Key Features
Purchase Information
For Sale is a 50% share of the property for £85,000.00 with an additional monthly charge of £374.35 which includes Rent, Ground Rent and Service Charge.
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: A
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 50%, full price £170,000, £8,500 Min Deposit. Calculated using a representative rate of 4.64%