3 bedroom house for sale
5 Thyme Way, , CB11 3DT
Share percentage 50%, full price £435,000, £10,875 Min Deposit.
Share percentage 50%, full price £435,000, £10,875 Min Deposit.
Monthly Cost: £1,837
Rent £498,
Service charge £100,
Mortgage £1,239*
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
Wonderful 3 bedroom semi-detached house in the Poppy View Development. The price advertised represents purchasing a 50% share of the home.
Description
Wonderful 3 bedroom semi-detached house in the Poppy View Development. The price advertised represents purchasing a 50% share of the home.
About the Development
Poppy View offers a beautiful selection of Shared Ownership homes in the pretty market town of Saffron Walden. Each of these new homes has been to provide versatile living spaces that can suit many lifestyles. Spacious open plan interiors complimented with the town centre being just a mile from your door.
About the Home
This beautiful 3 bedroom home is finished to a high standard throughout, with a modern style kitchen, contemporary bathroom suite, and fitted flooring throughout. Enjoy an open plan layout as well as spacious bedrooms.
About the Area
Saffron Walden is a market town that is as charming as it is historic, its picturesque streets lined with ancient architecture that reflects its rich heritage. A huge range of independent boutiques and cafés are just begging to be explored, each as individual as the next. Alternatively, the local market sells everything from fresh local produce to clothing and collectables.
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.
*Service Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- 3 bedroom semi-detached house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- 3 piece bathroom with shower over bath
- 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 £435,000, £10,875 Min Deposit. Calculated using a representative rate of 5.26%
