3 bedroom house for sale
Morgan Sweet Place, Sandford, BS25 5AG
Share percentage 40%, full price £305,000, £6,100 Min Deposit.
Share percentage 40%, full price £305,000, £6,100 Min Deposit.
Monthly Cost: £898
Rent £178,
Service charge £25,
Mortgage £695*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Sandford, North Somerset
Description
Modern, bright & spacious three-bedroom end of terraced house now available in North Somerset through Shared Ownership.
The property comprises a wide living/dining room with a separate kitchen, a downstairs w/c and upstairs bathroom, and two large bedrooms and one single bedroom. This could be ideal for a small family.
There is parking at the front of the property and a good sized garden at the rear.
KID Document
Available for £122,000 for 40% share based on the marketing figure of £305,000.
Monthly rent - £178.19
Monthly Service Charge - £24.61
Total Monthly Charge - £202.80 plus mortgage required for 40% share.
An annual rent increase takes place every April
Layout and dimensionsGross internal floor area: 93.2 m²Living room & Dining Room: 5.36 x 5.11 mKitchen: 3.53 x 2.46 mBedroom 1: 4.90 x 2.64 mBedroom 2: 4.06 x 2.64 mBedroom 3: 3.43 x 2.36 mLease informationYears remaining on lease: 123
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy rating band - B
Environmental impact band - B
Other informationKey Features
- Three bedroom end of terraced house
- Private garden
- Good transport links
- Local primary school
- Private parking
- Nearby amenities inc. shops and gastro pubs
Particulars
Tenure: Not specified
Council Tax Band: Not specified
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 40%, full price £305,000, £6,100 Min Deposit. Calculated using a representative rate of 5.26%
