3 bedroom house for sale
16 Ribbon Avenue, CV10 9TL
Share percentage 50%, full price £240,000, £6,000 Min Deposit.
Share percentage 50%, full price £240,000, £6,000 Min Deposit.
Monthly Cost: £998
Rent £289,
Service charge £25,
Mortgage £684*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
This property is a three bedroom semi-detached house.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen/Living Room, and a Guest Cloakroom/WC.
First Floor: Landing, Three Bedrooms, and a Bathroom/WC.
External: There is a driveway to the side of the property for two parking spaces. There is also a small frontage, with a garden to the rear of the property.
Location
This property is positioned in a residential area and is approximately 4.7 miles of Nuneaton town centre.
Vendor Information
- Under the stairs, there is a storage cupboard. Central heating with a radiator with each room including a heated towel rail in the main bathroom, double glazing windows, aerial tv sockets in the living room and in each of the bedrooms, internet and phone sockets in the living room, fitted blinds and carpets/flooring throughout the home
- Kitchen - integrated fridge, freezer, oven and hob and washing machine
- Master bedroom has a built in double mirrored wardrobe and airing/storage cupboard
- Garden - fencing with back gate, lawn, patio and outside tap
- Surrounding area - local village convenience store with Post Office, Co-Op store a few minutes drive away, children's recreational park within a few minutes walk, primary schools within a 3-4 minute drive, Train station - Nuneaton (10 minute drive away)
Key Features
Purchase Information
For Sale is a 50% share of the property for £120,000.00 with an additional monthly charge of £314.43 which includes Rent, Service Charge and Insurance.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Rent review information
As of 01/04/24 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £315.12 and the monthly service charge will be £37.81.
Particulars
Tenure: Not specified
Council Tax Band: C
Map
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 50%, full price £240,000, £6,000 Min Deposit. Calculated using a representative rate of 5.26%
