3 bedroom house for sale
7 Delphinium Street, , PE11 5AQ
Share percentage 50%, full price £238,000, £5,950 Min Deposit.
Share percentage 50%, full price £238,000, £5,950 Min Deposit.
Monthly Cost: £1,015
Rent £273,
Service charge £64,
Mortgage £678*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- 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.
Summary
Brand new 3 bedroom house on the Pinchbeck Fields development. The price advertised represents purchasing a 50% share of the home.
Description
Spacious and modern 3 bedroom mid-terrace house on the Pinchbeck Fields development. The price advertised represents purchasing a 50% share of the home.
About the Development
Pinchbeck Fields is a brand-new development which will be featuring a brand new collection of 3 bedroom houses. Ideally located in a village setting on the outskirts of the popular town of Spalding. A wide range of local amenities are available and great wider travel links.
About the Home
This brand new home features an open plan lounge/diner at the back of the house with a separate kitchen and a ground floor cloakroom. On the first floor there are three bedrooms and a bathroom. This plot comes with 2 parking and an enclosed rear garden.
About the Area
The well-connected village of Pinchbeck is located in the South Holland district of Lincolnshire, just two miles from the attractions of Spalding town centre.
Boasting an ideal location on the outskirts of Spalding, Pinchbeck Fields provides a charming village setting within close proximity of wider shopping opportunities. Pinchbeck itself has a range of convenient amenities, including a handful of traditional pubs, restaurants, village shops, a post office, and a local supermarket.
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
- Rear garden
- 2 parking spaces
- Flooring throughout
- Storage space
- NHBC Warranty
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 50%, full price £238,000, £5,950 Min Deposit. Calculated using a representative rate of 5.26%
