2 bedroom house for sale
57 Marshall Way, WV8 1FN
Share percentage 60%, full price £250,000, £15,000 Min Deposit.
Share percentage 60%, full price £250,000, £15,000 Min Deposit.
Monthly Cost: £1,055
Rent £240,
Service charge £54,
Mortgage £761*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Spacious two bedroom semi-detached house occupying a most sought after cul de sac location in the popular village of Codsall/Bilbrook
Description
Spacious two bedroom semi-detached house occupying a most sought after cul de sac location in the popular village of Codsall/Bilbrook with plenty of amenities and commuting links including local train station.
EPC Rating: B
Property type and size: 2 bed house
Property Value: £250,000
Current Share: 60%
Share Value: £150,000
Monthly Rent from April: £240.10
Monthly Service Charge from April: £54.41
Lease term remaining: 125 years from 2021
Particulars
Tenure: Leasehold
Lease Length: 125 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 60%, full price £250,000, £15,000 Min Deposit. Calculated using a representative rate of 4.64%
