2 bedroom apartment for sale
12 Seaton Crescent, Houghton Regis, LU5 6RE
Share percentage 50%, full price £230,000, £5,750 Min Deposit.
Share percentage 50%, full price £230,000, £5,750 Min Deposit.
Monthly Cost: £1,063
Rent £264,
Service charge £144,
Mortgage £655*
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
Brand new 2 bedroom apartment in the Thorn Fields Development. The price advertised represents purchasing a 50% share of the home.
Description
Brand new 2 bedroom apartment in the Thorn Fields Development. The price advertised represents purchasing a 50% share of the home.
About the Development
These wonderful homesbuilt by Taylor Wimpeyare available, located in the popular location of Bidwell. These brand new homes aresituated just outsideof the town,Houghton Regis.With a variety ofamenities close byfrom local schooling with the primary school just 1 mile away and the High School under 3 miles away. There are alsorestaurant’sand a supermarket all within 3 milesas well as good access to the M1andLeagraveTrain Station just 3.4 miles away. All of these points areadding to the popularity of the area.
About the Home
The accommodation briefly comprises, entrance hall, ample storage, open plan Kitchen/Living room/dining room, 2 bedrooms and a bathroom. These homes further benefit from Gas Central Heating and PVC-u Double Glazing.
About the Area
Located in Bidwell, on the edge of Houghton Regis with good links to the M1 and just 3.4 miles from the Train Station. With lots of green open spaces close by and many amenities.Local schooling with the primary school just 1 mile away and the High School under 3 miles away. There are alsorestaurantsand a supermarket all within 3 miles as well as good access to the M1 andLeagraveTrain Station just 3.4 miles away. All of these points are adding to the popularity of the area.
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.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- Open plan kitchen/living/dining room
- Flooring throughout
- 2 parking spaces
- Ample storage space
- 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 £230,000, £5,750 Min Deposit. Calculated using a representative rate of 5.26%
