1 bedroom house for sale
Off High Street, Wickham Market, IP13 0TF
Share percentage 40%, full price £225,000, £4,500 Min Deposit.
Share percentage 40%, full price £225,000, £4,500 Min Deposit.
Monthly Cost: £842
Rent £309,
Service charge £20,
Mortgage £513*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Your gross household income must be less than £80,000
You must have funds available to cover mortgage/legal fees and deposit
You do not own or have a mortgage on any other property
You must meet the affordability criteria for the development/plot you are interested in
Your income isn't sufficient to purchase a property outright
Priority will be given to those applicants who currently live work or have close family relatives living in the East Suffolk/Suffolk Coastal district
Summary
Brand New Homes for Shared Ownership Purchase
Description
1 BEDROOM HOME FOR SHARED OWNERSHIP
*Plot 33 ready to reserve now*
Plot 34 RESERVED
register your interest today
The homes located between the delightful villages of Pettistree & Wickham Market are surrounded by Suffolk's stunning countryside. Wickham Market benefits from all of life’s essential amenities including a pharmacy, butchers, post office, newsagents and hardware store. There is also a full events calendar featuring regular fairs, markets, yoga and art classes, and an annual village show.
Key Features
Plot 33 - 1 bedroom mid terrace - Full Market Value £225,000
RESERVED Plot 34 - 1 bedroom end terrace - Full Market Value £230,000
Stylish Fitted kitchens with integrated appliances to include washing machine, fridge/freezer, cooker and hob
Shares available from 25-75%
Ability to staircase to 100% in the future
Carpets and flooring throughout
Off Road Parking
10 year NHBC Warranty
Built in wardrobe
Local shops with close proximity
Excellent transport links
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Map
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 £225,000, £4,500 Min Deposit. Calculated using a representative rate of 5.26%
