2 bedroom house for sale
Kensington Close, Northampton, NN2 6NP
Share percentage 50%, full price £265,000, £13,250 Min Deposit.
Share percentage 50%, full price £265,000, £13,250 Min Deposit.
Monthly Cost: £1,052
Rent £345,
Service charge £35,
Mortgage £672*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A great chance to buy a shared-ownership house with front and back gardens and parking for two cars. This modern, semi-detached property features a spacious kitchen/dining room, a ground-floor cloakroom and a rear reception room. Upstairs, there are two generously-sized double bedrooms and a stylish bathroom. The energy-efficiency rating is very good, thanks to well insulated walls, roof and floor, high performance glazing and gas central heating. There are supermarkets and other shops nearby, several primary schools in the local area, Thornton Park provides pleasant outside space to enjoy and the town centre is within easy reach.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £265,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://bit.ly/3gNNdPq]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Heylo. Heylo Housing requires that all applicants must have permanent rights to reside in the UK.
Tenure: Leasehold (125 years from 2016).
Minimum Share: 50% (£132,500).
Shared Ownership Rent: £344.82 per month (subject to annual review).
Combined Insurance and Management Fee: £34.86 per month (subject to annual review).
Guideline Minimum Income: Dual £33,300 | Single £39,500 (based on minimum share and 10% deposit).
Council Tax: Band C, West Northamptonshire Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £13,250
- Guide Min Income - Dual £33.3k Single £39.5k
- Two Storey, Two Bedroom, Semi Detached House
- Approx. 810 Sqft Gross Internal Area
- High Performance Glazing
- Bathroom plus Downstairs Cloakroom
- Front and Rear Gardens
- Two Parking Spaces
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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 50%, full price £265,000, £13,250 Min Deposit. Calculated using a representative rate of 4.64%
