Share percentage 40%, full price £320,000, £12,800 Min Deposit.
Monthly Cost: £1,085
Rent £400,
Service charge £25,
Mortgage £660*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Priority for allocation of this home will be to applicants with a local connection to the Village of Avening or the surrounding Villages ofCherington, Tetbury Upton and Beverston.
Summary
Two bedroom shared ownership house
Description
New build shared ownership property available at small development of 14 new homes inthe village ofAvening, in the Cotswold district of Gloucestershire. The site itself is within the conservation area of Avening and within the Cotswold Area of Natural Beauty (AONB).
The properties have been designed to show characteristic ‘cottage style’ Cotswolds proportions such as steeply pitched gables, traditional style windows, doors, chimneys and porches; stone lintels above windows, high quality reconstituted stone and roof tiles to remain in keeping with the local architectural style. All homes come with a 10 year LABC structural building warranty
This property comprise of two double bedrooms, a family bathroom, a front facing kitchen with an integrated Beko electric oven and electric hob, a large living room with dining area and downstairs WC. The property benefits from an enclosed back garden landscaped front garden, parking for two vehicles and an electric vehicle charging point.
For further details or to apply, please enquire today.
Key Features
- 2 Double Bedrooms
- Kitchen fitted with integrated Beko oven and hob
- Large living room with dining area
- Enclosed back garden and landscaped front garden
- Parking for 2 Cars
- Individual electric vehicle charging points
- Air source heat pump central heating
- Ten Year Structural Building Warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
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 £320,000, £12,800 Min Deposit. Calculated using a representative rate of 4.80%
English Rural Housing Association
