3 bedroom house for sale
***UNDER OFFER*** 52 Hancocks Field, CT14 9SY
Share percentage 45%, full price £349,000, £7,853 Min Deposit.
Share percentage 45%, full price £349,000, £7,853 Min Deposit.
Monthly Cost: £1,331
Rent £403,
Service charge £33,
Mortgage £895*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
This property is a semi-detached house.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen/Diner, Living Room and a Guest Cloakroom/WC.
First Floor: Landing, Three Bedrooms and a Bathroom/WC.
External: Two car parking spaces with a garden to the rear of the property.
Improvements: Installation of solar panels.
Location
This property is positioned in a residential area and is within walking distance of Deal town centre.
Purchase Information
For Sale is a 45% share of the property for £157,050 with an additional monthly charge of £435.10 which includes Rent, Insurance and Service Charge.
The Full Market Value of £349,000 does not take into account the extensive improvements that have been undertaken in this property.
Therefore the 45% share of £157,050 has an additional £16,000 to be added to cover the improvement value bringing the total payment required to £173,050.
Please take this into account with your finances asMortgage Lenders will only loan on the market share valuation and not take into account the improvements value. You will therefore require a large deposit of £16,000 plus any that your lender requires.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Key Features
Vendor Information
· Kitchen: Integrated electric oven with a gas hob.
· Bathroom: Electric shower.
· Main bedroom: Built in wardrobe.
· Garden: Summer house, outside tap and outside electric point.
· Surrounding area: shop 2 minutes walk away, local pubs within walking distance, leisure centre 10 minutes walk away, train station 20 minutes walk away and close to many local schools (both primary and secondary).
· Solar panels: Front and rear of property.
· Driveway: Off-road parking for 2 cars.
· Central heating: Separate upstairs and downstairs controls.
Particulars
Tenure: Not specified
Council Tax Band: C
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 45%, full price £349,000, £7,853 Min Deposit. Calculated using a representative rate of 5.26%