Share percentage 35%, full price £295,000, £5,163 Min Deposit.
Monthly Cost: £1,127
Rent £439,
Service charge £100,
Mortgage £588*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
First floor apartment with parking and balcony
Description
Featuring a spacious, open-plan living area with doors out to your balcony. The kitchen is fitted with an oven, hob and extractor fan.
There's one bedroom and the bathroom has a modern, white suite. You'll also have your own parking space.
- Tenure: Leasehold.
- Length of lease: 990 years.
- Reservation fee: £500.
- Predicted council tax band: Newbuild, band to be determined.
- Service charge is reviewed once a year.
Key Features
- Open-plan kitchen / living area
- Fitted kitchen with oven, hob and hood
- Private balcony
- Your own parking space
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanMap
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 35%, full price £295,000, £5,163 Min Deposit. Calculated using a representative rate of 5.26%
