3 bedroom house for sale
Cornishmens Road, Bath, BA1 9DU
Share percentage 40%, full price £445,000, £8,900 Min Deposit.
Share percentage 40%, full price £445,000, £8,900 Min Deposit.
Monthly Cost: £1,422
Rent £373,
Service charge £35,
Mortgage £1,014*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Bath, North Somerset
Description
Modern, bright & spacious three-bedroom end-of-terrace house now available in London through Shared Ownership.
The property comprises a wide living room with access to a private rear garden, a separate kitchen, and three bedrooms upstairs; there's a WC facility on each floor. This could be ideal for a family.
The flat is of modern construction (circa 2018) and it has allocated parking space.
Key Information Document
Available for £178,000 for 40% share based on the marketing figure of £445,000.
Monthly rent - £373.27
Monthly Service Charge - £35.47
Total Monthly Charge - £408.74 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is located just outside Bath's town centre, in a residential area, and about a 10-minute drive away from there. Bristol can also be reached in about 40 minutes by car.
Highways A46, A4, and A36 are close by, and the motorway M4 is also nearby, making road travel quite convenient.
Many green areas surround the property and it is also close to several schools.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 84 m²
Living room: 4.93 x 4.19 m
Kitchen: 3.02 x 2.90 m
Bedroom 1: 4.27 x 2.69 m
Bedroom 2: 4.11 x 2.69 m
Bedroom 3: 2.95 x 2.11 m
Garden: 10.06 x 5.33 m
Years remaining on lease: 119
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom end-of-terrace house
- Private rear garden
- Two storeys
- Allocated parking
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 £445,000, £8,900 Min Deposit. Calculated using a representative rate of 5.26%
