2 bedroom house for sale
26 Sycamore Way, ST19 5FN
Share percentage 50%, full price £230,000, £11,500 Min Deposit.
Share percentage 50%, full price £230,000, £11,500 Min Deposit.
Monthly Cost: £921
Rent £282,
Service charge £55,
Mortgage £584*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Beautifully well presented two-bedroom semi-detached house located within a popular residential area in the sought after Penkridge, Stafford
Description
This beautifully well presented two-bedroom semi-detached house located within a popular residential area in the sought after Penkridge, Stafford and benefits from allocated parking. Excellently maintained by the current leaseholder, this is now available on a Shared Ownership scheme.
Penkridge, Stafford is served by a wide range of amenities including Marshbrook First School 0.4 miles, & Penkridge Middle School 0.5 miles away. Nearest train station's are Penkridge 0.7 miles away & Stafford 4.9 miles away.
Cloakroom
Two piece suite comprising low-level WC and hand wash basin with tiled splashback, & tiled flooring, to the front aspect.
Lounge
Large & bright, yet very cosy with a front aspect, carpet for flooring, TV point, and door through to:
Kitchen / Dining Room
Fitted with a range of modern eye and base level units with roll edge work surfaces; inset stainless steel sink and drainer; integrated oven & four ring gas hob and hood extractor. As well as space for a washing machine, & fridge freezer. Double glazed window to the rear aspect; and door opening out to the rear garden. Additional space for a comfortable dining area.
Bedrooms
2 Good sized bedrooms with ampule space for furniture and storage.
Bathroom
Bright modern three piece suite comprising panel enclosed bath with shower over and shower screen, low-level WC and hand wash basin; part tiled walls; and a good sized window to bring in lots of natural light.
Outside
Allocated parking to the front of the house. A large rear garden which is predominantly laid to lawn with patio area and is fully enclosed by fencing. With side gate for convenience. As well as shed for storage.
AFFORDIBILITY
Full Market Value: £230,000
50% Share Price: £115,000 (Monthly Rent based on remaining share £281.99)
Monthly Service Charge: £55.42
Shared Ownership Lease term: 125 years from 2022
EPC Rating: B
Council Tax Band: C
ELIGIBILITY
You must be at least 18 years old.
Outside of London your annual household income must be less than £80,000.
You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history.
two-bedroom semi-detached house located within a popular residential area. modern fittings throughout and the ground floor WC.
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Particulars
Tenure: Leasehold
Lease Length: 123 years
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 £230,000, £11,500 Min Deposit. Calculated using a representative rate of 4.64%