2 bedroom house for sale
Burford Grange, SG5 3XS
Share percentage 25%, full price £400,000, £5,000 Min Deposit.
Share percentage 25%, full price £400,000, £5,000 Min Deposit.
Monthly Cost: £1,295
Rent £688,
Service charge £37,
Mortgage £570*
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
2 Bedroom Houses
Description
settle are delighted to announce brand new shared ownership properties in Ickleford. Burford Grange is a modern collection of homes, located in the desirable village of Ickleford. There will be 5 x 2 bedroom houses available under shared ownership. Designed for comfort and convenience, these homes comprise of stylish fitted kitchens, modern finishes, built-in storage, air source heat pumps, and allocates parking.
Situated in the desirable village location, Ickleford on the northern edge of Hitchin. A charming, historic market town, Hitchin provides extensive shopping and recreational facilities. The mainline station offers a fast and frequent service to London, Kings Cross and international St Pancras with a journey time of just 27 minutes. There is easy access to junction 8 of the A1M or across country to the M1.
Please note applicants will be required to have a local connection to North Herts with allocation priority going to those with a connection to Ickleford and surrounding parishes.
These properties will have an 80% staircasing restriction.
Key Features
- 2 Bedrooms
- Allocated parking
- Private garden
- Air source heat pumps
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 25%, full price £400,000, £5,000 Min Deposit. Calculated using a representative rate of 5.26%
