2 bedroom apartment for sale
5 Pinewood Court, Dunders Hill, PL27 6TQ
Share percentage 50%, full price £360,000, £180 Min Deposit.
Share percentage 50%, full price £360,000, £180 Min Deposit.
Monthly Cost: £1,581
Rent £237,
Service charge £80,
Mortgage £1,264*
Calculated using a representative rate of 6.94%
Calculate estimated monthly costs
Please note there is a local connection to the Parishes of St Minver Lowlands or St Minver for this property, the local connection details are:
Having a local connection in this instance is defined as one of the following:
being permanently resident in the area for three years prior to application or for five years previously
having a permanent place of work in the area for three years prior to application
Having a close family connection with Locality five years prior to application and where a caring dependency relationship can be established.
Summary
Westward offer this 2-bedroom 1st Floor property in Polzeath through Shared Ownership.
Description
A 2-bedroom first floor flat is available to purchase for 50% share through Shared Ownership in Polzeath.
The property is a spacious, modern self-contained first floor flat, with views across fields.
The property has a fully fitted kitchen, air source heating, and allocated covered parking space. Situated within 500 yards of Polzeath beach, and a short drive to Wadebridge.
A local connection is applicable to this property.
*****The above information has been supplied to us by the current owner*****
Full MarketValue: £360,000 (Three hundred and sixty thousand pounds)
Share:50%
Share Price:£180,000 (One Hundred and Eighty thousand pounds).
Monthly Rent: £237.30
Monthly Service Charge:£80.00
**** Length Of Lease: 113 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features:
- Two double bedrooms
- Fully fitted kitchen, with built in oven and hob.
- Allocated parking space
- Air source heat pump
- Bath with shower overhead.
- Close to local amenities
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: A
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 50%, full price £360,000, £180 Min Deposit. Calculated using a representative rate of 6.94%
