Share percentage 25%, full price £275,000, £3,438 Min Deposit.
Monthly Cost: £1,008
Rent £473,
Service charge £143,
Mortgage £392*
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
A spacious one-bedroom apartment located on the first floor with a private patio.
Description
This spacious open-plan one-bedroom apartment is designed for today's modern living. The open-plan living area comes with a private patio and provides the perfect space for cooking, entertaining and relaxing.
The generously sized bedroom benefits from a floor to ceiling window to maximise light. With an enhanced flooring package, ample storage and integrated appliances all you need to do is bring your belongings.
Key Features
- Open-plan, free-flowing layout
- Stylish kitchen with integrated appliances
- Bosch white goods
- Large windows let in flood of natural light
- Fitted wardrobe to bedroom
- Private balcony or patio
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 £275,000, £3,438 Min Deposit. Calculated using a representative rate of 5.26%
