3 bedroom house for sale
5 Claridge Crescent, Wavendon, MK17 7EH
Share percentage 50%, full price £380,000, £9,500 Min Deposit.
Share percentage 50%, full price £380,000, £9,500 Min Deposit.
Monthly Cost: £1,565
Rent £435,
Service charge £47,
Mortgage £1,083*
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
New build 3 bedroom house in the Wavendon Green development. The price advertised represents purchasing a 50% share of the home.
Description
New3 bedroom house in the Wavendon Green development. The price advertised represents purchasing a 50% share of the home.
About the Development
Wavendon Green is a brand-new Bloor Homes development in the ever lovely county of Bedfordshire. These homes are a short distance away from the amenities on offer within the village of Wavendon including a post office, retail outlets and pubs. As well as this a short drive away from both Milton Keynes and Bedford.
Wavendon has a variety of nearby supermarkets as well as a good selection of schools in the area. Furthermore, there is a great range of surrounding greenery for all to enjoy for walks and cycling.
About the Home
This wonderful 3 bedroom home enters through the hallway to the separate lounge area. Through to the rear of the ground floor you are presented with the large kitchen/diner and the ground floor WC.
On the first floor there is a landing which leads to all 3 bedrooms as well as the 3 piece bathroom with shower over bath. The property offers a private garden and allocated parking also.
About the Area
Situated in this ideal location and being situated a short distance from Milton Keynes, This development gives way to great shopping and leisure facilities. The MK centre for example has over 200 retail outlets and eateries for a great day out. There is also a cinema and bowling alley in this area. The development has great transport links, with easy access to the A421 and the M1. Direct trains to London Euston from Milton Keynes Central railway station in just over 30 minutes.
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.
*Service Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- Allocated parking
- Private garden
- Flooring throughout
- Good storage space
- Selected integrated appliances
- Ground floor WC
- 3 piece bathroom with shower over bath
- 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 £380,000, £9,500 Min Deposit. Calculated using a representative rate of 5.26%
