3 bedroom house for sale
Blackwater Drive, CM6 4BR
Share percentage 25%, full price £420,000, £5,250 Min Deposit.
Share percentage 25%, full price £420,000, £5,250 Min Deposit.
Monthly Cost: £1,205
Rent £578,
Service charge £29,
Mortgage £598*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
3 Bedroom House Available for Shared Ownership Purchase
Description
Hallway
On entering the property, you are greeted with a spacious hallway, filled with natural light complete with carpet with an opening into the living room.
Kitchen
Finished in a neutral and bright colour palette, the kitchen is a well-equipped social space, perfect for family dining and entertaining. It features contemporary kitchen cabinets, worktops and upstands, with a stainless-steel splashback to the hob. You will find a range of integrated appliances, including a hob, oven, extractor fan, washing machine, fridge freezer, dishwasher, 1.5 sink and drainer unit and stylish vinyl flooring.
Living Room
This generously sized, cosy family room is situated at the front of the home and features neutral carpet with a white finish to the walls, ready for you to decorate in your own style. There’s also a media plate with TV connection point.
Downstairs Cloakroom
Situated on the ground floor, the cloakroom is complete with a modern toilet and sink, tiled splashback and vinyl flooring.
Landing
Take the stairs up to the first floor and you will find a spacious landing, with access to the loft, access to the bedrooms and family bathroom.
Principal bedroom
This large and comfortable bedroom offers plenty of space for your bed and other furniture, complete with carpet and double-glazed window.
Bedroom 2
The second bedroom is situated at the back of the home, is generously sized and is comes complete with carpet and a double-glazed window.
Bedroom 3
The third bedroom is perfect as a small bedroom, home office or closet space, complete with carpet and double-glazed window.
Bathroom
This space hosts a contemporary bathroom suite, including a toilet, basin, bath with shower over and a heated towel rail. The walls are part tiled, and there’s a double-glazed privacy window.
Agents Notes –
Full market value – £420,000.00
Share Value - £168,000.00
Monthly Rent – £577.50
Monthly Service Charge (to include buildings insurance) - £55.87
Please be aware, the rent above represents a 40% share in the property. Please contact one of our friendly sales advisors who can assist you with calculating monthly costs for differing share amounts.
Key Features
- Range of appliances included
- Fitted carpet and flooring throughout
- Modern kitchen with stylish worktop and matching upstands
- Contemporary bathroom suite
- Shares available from 25-75% on initial purchase
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 25%, full price £420,000, £5,250 Min Deposit. Calculated using a representative rate of 5.26%
