2 bedroom house for sale

Available

Deep Spinney, MK40 4QN

£114,000 · Shared Ownership Resale

Share percentage 50%, full price £228,000, £5,700 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£114,000 Shared Ownership Resale

Share percentage 50%, full price £228,000, £5,700 Min Deposit.

Monthly Cost: £934
Rent £275, Service charge £9, Mortgage £650*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

Available Now! 2-bedroom mid terrace house in Biddenham, Bedford is available to purchase through the Shared Ownership Scheme

Description

This 2-bedroom mid terrace house is situated in Biddenham, Bedford and is available to purchase through the Shared Ownership scheme.

Full Market Value: £228,000

Share Available: 50%

Monthly Rent: £274.82

Monthly Service Charge: £8.59

Remaining Lease Term: 161 years

Restricted staircasing: 80%

About the Property

As you enter the property you will be in the entrance area. This leads into the living room, with the stairs to the first floor on the left, a built in cupboard underneath the stairs, and a large window allowing great natural light into the living space. Through the living room is the kitchen, with space for a dining table to the left, and the kitchen units to the right. There is a good amount of cupboard and counter space, an integrated oven with gas hobs and an extractor hood, and housing for utility appliances.

Upstairs, the first bedroom is situated at the front of the property, and features carpeting, a fitted wardrobe and a built-in cupboard. The second bedroom is also carpeted, and is situated at the rear of the property, neighbouring the bathroom. The bathroom benefits from both bath and shower facilities. There is a built-in cupboard on the upstairs landing.

Outside, the garden is comprised of a patio area, with steps leading to the tiered end of the garden and rear gate.

About the Area

Biddenham is a village and a civil parish in Bedfordshire, England, located to the west of Bedford near the A428 road.

The village largely serves as a dormitory settlement for Bedford, and also for commuters to London, being on the same side of the town centre as Bedford railway station.

Bedford is the county town of Bedfordshire, England. The town has a population of around 80,000, and boasts an array of shops, pubs and leisure facilities; all in close proximity to this property! Also nearby is the beautiful River Ouse, popular for leisurely walks along it’s picture-postcard embankment. This property location is ideal if you work in the town centre or want to be within easy reach of everything Bedford has to offer.

Shared Ownership, how does it work?

If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 50% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.

*Properties are offered as leasehold.

**Some properties are restricted to the level of share you can purchase.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Key Features

50% Share Available

2 Bedrooms

Allocated parking

Excellent Location

2 miles to Bedford centre and train station

Great Local Amenities

Gas Central Heating

Particulars

Tenure: Leasehold
Lease Length: 161 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
Map
Bedford Station (1.06 miles) Bedford St Johns (1.73 miles) Kempston Hardwick (3.45 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£114,000
Shared Ownership Resale
Estimated Monthly Cost:£934
Rent £275
Service Charge £9
Mortgage £650

Share percentage 50%, full price £228,000, £5,700 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.