3 bedroom house for sale
Belgrave Place, Belgrave Avenue, ME12 3UW
Share percentage 50%, full price £340,000, £17,000 Min Deposit.
Share percentage 50%, full price £340,000, £17,000 Min Deposit.
Monthly Cost: £1,354
Rent £460,
Service charge £17,
Mortgage £877*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
You are eligible to purchase a Home Reach property in England or Wales if:
· Your household income does not exceed £100,000 (joint) per annum for homes outside of London
· You have a deposit (at least 10% of the share value)
· You are a first-time buyer or used to own a home, but cannot afford to buy 100% of the property now
· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
· You currently occupy a shared ownership property and are looking to move.
· You have a good credit history (no bad debts or County Court Judgements or arrears) and can afford the regular payments and costs involved in buying a home.
· The shared ownership property will be your principle and only home
· Household minimum income must be above £12,000
Summary
An exciting new development of modern, stylish and great value 3 bedroom homes
Description
The Caddington is a three-bedroom home that offers forward-thinking homeowners real space to grow.
A classically proportioned family home, with lots of modern touches, the Caddington offers today’s busy families the ideal place to call home. The large kitchen/diner with a well-equipped U-shaped kitchen, and lounge with French doors leading onto the garden, provide great social spaces to get together.
Upstairs, three bedrooms give everyone the space and privacy they need. Plus, with a master bedroom ensuite, stylish family bathroom and downstairs WC, making the morning rush a thing of the past.
*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*
**Prices vary across plots, please speak to a sales advisor for more information**
Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.
Key Features
- Open plan kitchen/diner
- Separate living area
- French doors to the garden
- Downstairs WC
- Built-in storage
- Ensuite to the master
- Fitted kitchen
- Stainless steel oven/hob/splashback
- Standard Twyford Alcona bathroom
- Central heating
- Double glazing
- Smoke alarm is not included
- Carbon Monoxide alarm is not included
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information DocumentMap
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 £340,000, £17,000 Min Deposit. Calculated using a representative rate of 4.80%
