2 bedroom house for sale
Levington Lane Bucklesham, IP10 0DZ
Share percentage 40%, full price £310,000, £6,200 Min Deposit.
Share percentage 40%, full price £310,000, £6,200 Min Deposit.
Monthly Cost: £1,161
Rent £426,
Service charge £28,
Mortgage £707*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Your gross household income must be less than £80,000
You must have funds available to cover mortgage/legal fees and deposit
You do not own or have a mortgage on any other property
You must meet the affordability criteria for the development/plot you are interested in
Your income isn't sufficient to purchase a property outright
Summary
Brand New Two Bedroom Home for Shared Ownership purchase
Description
*final 2 Bedroom plot remaining*
Viewing highly recommended
Flagship Homes are delighted to offer plot 16, a 2 bedroom mid terraced house for shared ownership purchase at Levington Lane Bucklesham built by Castlemoor Homes. The home is available now with initial shares starting from 25-75%, with staircasing available up to 100%
Key Features
- Heating system powered by an air source heat pump
- Under floor heating
- Range of appliances included
- Fitted carpets and flooring throughout
- Enclosed rear gardens with turf and patio
- Two parking spaces
- Staircasing to 100% available in the future
- 10-year peace of mind with the NHBC Buildmark cover
- Contemporary bathroom suite
- Shares available from 25%
- Downstairs WC
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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 £310,000, £6,200 Min Deposit. Calculated using a representative rate of 5.26%
