2 bedroom house for sale
Crest Way, CB6 1LS
Share percentage 40%, full price £267,000, £5,340 Min Deposit.
Share percentage 40%, full price £267,000, £5,340 Min Deposit.
Monthly Cost: £1,266
Rent £597,
Service charge £60,
Mortgage £609*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Introducing a charming two bedroom semi detached property in Littleport, available through shared ownership. This spacious home offers a blend of modern comfort and traditional elegance.
Description
Introducing a charming two bedroom semi detached property in Littleport, available through shared ownership. This spacious home offers a blend of modern comfort and traditional elegance.
With two well-appointed bedrooms, a thoughtfully designed interior, and a semi detached structure providing privacy, it's an ideal opportunity for shared ownership, combining affordability with the joys of homeownership.
The full market value of £267,000 available to purchase from a 40% share with a deposit of £13,350. (other shares available).
Financial Breakdown:
Full market value: £267,000
40% share value £106,800
5% deposit of full market value: £13,350
Rent charged on un-owned share: 4.47%
Estimated monthly service charge: £58
Don't miss the chance to make this delightful property your home.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
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 £267,000, £5,340 Min Deposit. Calculated using a representative rate of 5.26%
