2 bedroom house for sale

Available

8 Leo Road, Thanet, CT9 4FU

£206,250 · Shared Ownership Resale

Share percentage 75%, full price £275,000, £10,313 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Garden
Parking
£206,250 Shared Ownership Resale

Share percentage 75%, full price £275,000, £10,313 Min Deposit.

Monthly Cost: £1,386
Rent £172, Service charge £39, Mortgage £1,175*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

This property is a two bedroom semi-detached house.

Description

Accommodation

Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room, and a Guest Cloakroom/WC.

First Floor: Landing, Two Bedrooms, and a Bathroom/WC.

External: Two Allocated parking spaces and a lawned rear garden.

Location

This property is positioned in a modern residential estate and is approximately 2.2 miles from Broadstairs centre.

Vendor Information

  • Nice large back garden
  • Parking for two cars
  • It’s a nice quiet area
  • Walking distance to Westwood cross shopping centre
  • Corner shop, DIY stores and plenty of supermarkets and places to eat
  • Short drive to various beaches
Key Features

Purchase Information

For Sale is a 75% share of the property for £206,250 with an additional monthly charge of £210.85 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 £186.96 and the monthly service and insurance charges will be £48.74.

Particulars

Tenure: Not specified
Council Tax Band: B

Map
Ramsgate (1.66 miles) Margate (1.72 miles) Broadstairs (1.91 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.

£206,250
Shared Ownership Resale
Estimated Monthly Cost:£1,386
Rent £172
Service Charge £39
Mortgage £1,175

Share percentage 75%, full price £275,000, £10,313 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.