2 bedroom house for sale
Plomley Place, WD23 3FH
Share percentage 40%, full price £550,000, £11,000 Min Deposit.
Share percentage 40%, full price £550,000, £11,000 Min Deposit.
Monthly Cost: £1,974
Rent £677,
Service charge £43,
Mortgage £1,254*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Housing Associations are required to sell shared ownership homes to buyers who are unable to afford to buy a home outright and meet the below criteria:
- Combined household income must be less than £80,000 per annum
- Must not own a property elsewhere (if current homeowner, the property must be sold by the time of completion)
- Must meet the affordability criteria
Summary
Two bedroom SHARED OWNERSHIP house in Bushey.
Description
This charming two bedroom house based in Bushey is available to purchase at a 40% share. The ground floor offers an entrance hall with a downstairs WC and an open plan living/kitchen area with access to an easy-to-maintain garden, offering a sociable and family friendly layout. On the first floor you will find two generous sized double bedrooms and a modern family bathroom. This home also benefits from allocated parking and no upper chain.
*Please note, rent and service charges are subject to change upon the freeholder's annual review in April 2024.
Key Features
- Two bedrooms
- Downstairs WC
- Allocated parking
- No upper chain
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: D
Property Downloads
Floor Plan Brochure Energy CertificateVirtual Tour
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 £550,000, £11,000 Min Deposit. Calculated using a representative rate of 5.26%
