Share percentage 35%, full price £390,000, £6,825 Min Deposit.
Monthly Cost: £1,418
Rent £581,
Service charge £59,
Mortgage £778*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
2 bedroom semi detached house in West Mersea
Description
A high specification, energy efficient, 2 bedroom semi detached house with parking situated within walking distance of the beach at West Mersea. The wider area offers a range of fantastic amenities, leisure attractions, pubs and restaurants whilst there is an abundance of open spaces within the development for residents to enjoy.
Disclaimer - CGI presented should not be taken as completely accurate and is for illustration purposes
Key Features
UPVC windows
On site communal sky dish for which the property is prewired
Fast broadband access
Gas central heating
Turfed rear garden complete with shed
EV charging point infrastructure in place
Kitchen includes built in fridge/freezer, washer/drier, oven and hob
Particulars
Tenure: Leasehold
Lease Length: 125 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 35%, full price £390,000, £6,825 Min Deposit. Calculated using a representative rate of 5.26%
