3 bedroom house for sale
Trelawny Place, Felixstowe, IP11 9QZ
Share percentage 25%, full price £312,000, £15,600 Min Deposit.
Share percentage 25%, full price £312,000, £15,600 Min Deposit.
Monthly Cost: £1,268
Rent £872,
Service charge £58,
Mortgage £338*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
Summary
Attractive 3 Bedroom brand new home available on Shared Ownership in Felixstowe
Description
We are delighted to offer this exciting opportunity to buy this brand new, 3 bedroom semi detached house on a Shared Ownership basis. The full market value of £312,000 available to purchase at a 25% share with a deposit of £15,600. (other shares available) Call now to book a viewing
• 2 Parking Spaces
• Sought after town house style layout
• En suite to the master bedroom
• Great range of local amenities
• Excellent choice of schooling locally
• Superb transport links
This attractive 3 bedroom new home has been designed with style, comfort and efficiency in mind. Finished to a high quality throughout the property comprises a living room, downstairs WC, and stylish open plan kitchen and diner that overlooks and opens out via French doors to the garden. The first floor is made up of bedrooms 2 and 3 as well as a family bathroom whilst the upper floor is dedicated to the master bedroom with en suite. This new home is further complemented externally by a garden and 2 parking spaces.
This beautifully laid out development of brand new homes forms a welcoming, family friendly, community setting and is perfectly situated in Felixstowe within the heart of the affluent county of Suffolk. The charming coastal town of Felixstowe boasts beautiful walks with its 4 mile stretch of sand and shingle beaches. Much loved for its restored Edwardian Pier and its offerings of traditional fish and chips, seafront gardens and Languard fort and Nature Reserve. In the late 1800’s Felixstowe was the first British town to introduce rows of beach huts to its picturesque aesthetic and they continue to very much remain a significant part of its character.
With an excellent offering of amenities, locally there is a good choice of supermarkets, a mix of well known high street and independent stores, as well as family friendly pubs and eateries. Whilst benefitting further from a diverse range of sporting and leisure facilities with both a sports and leisure centre offering sporting clubs from rugby and hockey to golf and sailing.
Ideally located in close proximity to Trimley train station and only 1.6 miles from Felixstowe train station which offers links to Ipswich and London, Felixstowe also provides easy access to the A14 and benefits also from regular bus services.
Financial Breakdown:
Full market value: £312,000
25% share value £78,000
5% deposit of full market value: £15,600
Rent charged on un-owned share: 4.47%
Rent on un-owned share (75%) £871.65
Estimated monthly service charge: £58
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change.
Key Features
• 2 Parking Spaces
• Sought after town house style layout
• En suite to the master bedroom
• Great range of local amenities
• Excellent choice of schooling locally
• Superb transport links
Particulars
Tenure: Freehold
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 25%, full price £312,000, £15,600 Min Deposit. Calculated using a representative rate of 4.24%