2 bedroom house for sale
Cornflower Road, Emersons Green, BS16 7LJ
Share percentage 50%, full price £310,000, £7,750 Min Deposit.
Share percentage 50%, full price £310,000, £7,750 Min Deposit.
Monthly Cost: £1,012
Rent £114,
Service charge £15,
Mortgage £883*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Avon, Bristol
Description
Modern & spacious two-bedroom semi-detached house now available in Avon (Bristol) through Shared Ownership.
The property comprises a good-sized living room, a separate kitchen, and two large bedrooms on the second floor; there's a WC on each floor. There is also a large rear garden and a smaller frontal one. The outhouse is not included. This could be ideal for a small family.
The property is part of a newly built construction (circa 2018) and it has allocated parking space.
Key Information Document
Available for £155,000 for 50% share based on the marketing figure of £310,000.
Monthly rent - £114.44
Monthly Service Charge - £15.30
Total Monthly Charge - £129.74 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property locates in a tranquil residential area, with excellent travel links and only 20 minutes away from Bristol.
All local amenities are nearby, especially at Emersons Green with more shops and supermarket chains.
The M4, M32 and a few highways are just a few miles away, making road travel really convenient.
There are also several green areas in the surrounding as well as schools, some of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 74 m²
Living room: 4.65 x 3.18 m
Kitchen: 3.05 x 2.51 m
Bedroom 1: 4.67 x 3.43 m
Bedroom 2: 4.65 x 3.28 m
Garden: 7.92 x 6.38 m
Out house: 2.29 x 1.78 m
Years remaining on lease: 118
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom semi-detached house
- Modern building (2018)
- Front and rear gardens
- Separate kitchen
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
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 £310,000, £7,750 Min Deposit. Calculated using a representative rate of 5.26%
