4 bedroom house for sale
25 Barbon, Meadow Rigg, LA9 6EB
Share percentage 50%, full price £490,000, £24,500 Min Deposit.
Share percentage 50%, full price £490,000, £24,500 Min Deposit.
Monthly Cost: £1,900
Rent £561,
Service charge £76,
Mortgage £1,263*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Solo Homes, in partnership with South Lakes Housing, are pleased to offer this brand new 4 bedroom semi detached at the much sought after development of Meadow RIgg, just outside the popular...
Description
Solo Homes, in partnership withSouth Lakes Housing, are pleased to offer this brand new 4 bedroom semi detached at the much sought after development of Meadow RIgg, just outside the popular market town of Kendal. Available on a shared ownership basis, this is a great way to make your next home purchase more affordable. Make yourself at home in the charming Cumbrian town of Kendal with a wonderful sense of community. Tucked cosily between the southern fringe of the Lake District National Park and the rolling hills of the Yorkshire Dales, Kendal is a great place to put down roots.
This home benefits from the following:
- 4 bedrooms
- 3 storey living
- Private rear garden
- Driveway parking withspace for 2 cars
- Kitchen with fittedappliances
- Flooring fitted in allrooms
- Gas central heating
- Garage
Shared Ownership
The price of £245,000 is for a 50% share in the property, with other share amounts available subject to affordability. Based on a 50% share, there is a monthly rent of £561.46, and a monthly service charge of £75.83. Interested parties are requested to complete a short financial assessment prior to viewing.
Key Features
- Four Bedroom Semi Detached
- Available on Shared Ownership
- 1% staircasing available (up to 15 years)
- 10-year repair cover (£500 per year)
- Freehold can be purchased
- Brand New Development
- Parking for 2 Cars
- Fitted Flooring
- Call Now For More Information
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
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 50%, full price £490,000, £24,500 Min Deposit. Calculated using a representative rate of 4.80%
