2 bedroom house for sale
14 Bowmans Meadow, Hatherleigh, EX20 3GA
Share percentage 35%, full price £185,000, £6,475 Min Deposit.
Share percentage 35%, full price £185,000, £6,475 Min Deposit.
Monthly Cost: £631
Rent £248,
Service charge £54,
Mortgage £329*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
A successful application must have a local connection to West Devon
1. Lives in settlement
2. Permanent work in settlement
3. Previously lived in settlement for 5 out of the last 10 years
4. Family have live in settlement and have done so for 5+ years.
Summary
Two bedroom end terrace house
Description
A 2 bedroom end terrace house is available to purchase for 35% share through Shared Ownership in Hatherleigh.
The property has parking for one car alongside of the property, two bedrooms, and a kitchen/diner. The property has double glazing, and air source heat pump.
Situated within a short walk for primary schools, community centre, pubs, hairdressers, shops and moor walks and 10 minutes from Okehampton.
A local connection is applicable to this property.
*****The above information has been supplied to us by the current owner*****
Full Market Value:£185,000
Share:35%
Share Price:£64,750
Monthly Rent:£247.86
Monthly Service Charge:£54.00
**** Length Of Lease: 83 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Two double bedrooms
Fitted kitchen, with built in oven and hob.
Allocated parking space
Air source heat pump
Bath with shower overhead
Enclosed garden with shed
Close to local amenities
Particulars
Tenure: Leasehold
Lease Length: 83 years
Council Tax Band: B
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 35%, full price £185,000, £6,475 Min Deposit. Calculated using a representative rate of 4.64%
