2 bedroom house for sale
Holt Row, MK43 9AT
Share percentage 50%, full price £240,000, £6,000 Min Deposit.
Share percentage 50%, full price £240,000, £6,000 Min Deposit.
Monthly Cost: £938
Rent £245,
Service charge £9,
Mortgage £684*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Available Now! 2-bedroom semi-detached house in Bedford is available to purchase through the Shared Ownership Scheme
Description
This 2-bedroom semi-detached house is situated in Bedford and is available to purchase through the Shared Ownership scheme.
Full Market Value: £240,000
Share Available: 50%
Monthly Rent: £244.73
Monthly Service Charge: £8.59
Remaining Lease Term: 165 years
About the Property
As you enter the property you will be in the entrance hall. To the left is the spacious lounge with two large windows creating lots of light in the room, and a storage cupboard. At the end of the lounge is the door to the kitchen/diner with access to the back garden. The kitchen comes with ample cupboard and worktop space.
Upstairs are two large bedrooms, with a built in cupboard in bedroom 2. The shower room sits in between the bedrooms.
Outside there is both a patio and grass area in the garden.
About the Area
Bedford is the county town of Bedfordshire, England. The town has a population of around 80,000, and boasts an array of shops, pubs and leisure facilities; all in close proximity to this property! Also nearby is the beautiful River Ouse, popular for leisurely walks along it’s picture-postcard embankment. This property location is ideal if you work in the town centre or want to be within easy reach of everything Bedford has to offer.
Bedford is on the Midland Main Line, with stopping services to London and Brighton operated by Thameslink, and express services to London and the East Midlands operated by East Midlands Trains. Trains are available from Bedford Train Station to London St Pancras in approximately 38 minutes.
Beyond the town boundaries, the re-aligned A6 and the A421 Bedford southern bypass provide quick links from Wixams to the region’s major commuter routes, including the M1 and A1, while those travelling further afield will appreciate that Luton Airport is just a 30-minute drive away.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 50% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
Key Features
50% Share Available
2 Bedrooms
Allocated parking
Excellent Location
Less than a mile to Bedford centre and train station
Great Local Amenities
Gas Central Heating
Particulars
Tenure: Leasehold
Lease Length: 165 years
Council Tax Band: B
Property Downloads
Key Information Document 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 £240,000, £6,000 Min Deposit. Calculated using a representative rate of 5.26%
