Share percentage 50%, full price £280,000, £7,000 Min Deposit.
Monthly Cost: £1,141
Rent £308,
Service charge £35,
Mortgage £798*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- You live or work in Somerset - Taunton Deane District
Summary
Semi-detached home with conservatory
Description
This spacious three bedroom, semi-detached house is in Taunton. Conservatory provided! Available on Shared Ownership resale, you could buy with just a 5% deposit.
Featuring a spacious living room. The kitchen / dining room is fitted with an oven, hob and hood. On this floor, you'll also find a WC, and conservatory.
Upstairs, there are three comfortable bedrooms. The bathroom has a modern, white suite.
You'll also have two parking spaces, as well as a back garden.
- Tenure: Leasehold.
- Council tax band: C.
- Service charge is reviewed once a year.
- Energy rating C, click download brochure to see the Energy Performance Certificate.
Please note a local connection to Somerset is required. This could mean living, working or having family living in the area.
Key Features
- Fitted kitchen with oven, hob and hood
- Three bedrooms
- Conservatory
- Turfed back garden
- Two allocated parking spaces
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
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 £280,000, £7,000 Min Deposit. Calculated using a representative rate of 5.26%
