3 bedroom house for sale
St Michael's Avenue, NE25 0RP
Share percentage 25%, full price £250,000, £3,125 Min Deposit.
Share percentage 25%, full price £250,000, £3,125 Min Deposit.
Monthly Cost: £834
Rent £430,
Service charge £48,
Mortgage £356*
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 bright and airy home, ideal for modern family living
Description
The Ellerton has a great open-plan kitchen and dining space that will be the real heart of the home. Add to this three bedrooms, an en-suite to the main bedroom, a modern bathroom and handy downstairs cloakroom, there is enough room for the whole family.
Key Features
- Separate living roommeans you can relax and unwind after a busy day
- Energy efficient home - save money on your bills!
- French doorsthat lead out onto the garden
- Good-sized bedrooms withample spacefor furniture
- Comes withdriveway parking
- Additional storage cupboardsthroughout the home means you can keep clutter to a minimum
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: Not specified
Property Downloads
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 £250,000, £3,125 Min Deposit. Calculated using a representative rate of 5.26%
