3 bedroom house for sale
Parkins Close, Wellingborough, NN8 2BF
Share percentage 30%, full price £220,000, £3,300 Min Deposit.
Share percentage 30%, full price £220,000, £3,300 Min Deposit.
Monthly Cost: £840
Rent £365,
Service charge £99,
Mortgage £376*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Wellingborough, Northamptonshire
Description
This stylish, modern, bright three-bedroom house is now available in Wellingborough through Shared Ownership.
The property comprises an entrance hall, a spacious, well-decorated living room, a separate modern kitchen, three bedrooms, a bathroom, a rear garden, and two onsite parking spaces. Perfect for families.
Available for £66,000 for 30% share based on the marketing figure of £220,000.
Monthly rent - £364.59
Monthly Service Charge - £98.92
Total Monthly Charge - £463.51 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe town centre of Wellingborough lies within a short distance from a range of local amenities. There is access to A45, which lies a short distance from the county's other main road. Mainline railway services are available from Wellingborough railway station via the Midland main line.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 83 m²
Living room: 4.98 x 4.90 m
Kitchen: 3.28 x 2.64 m
Bedroom 1: 3.86 x 2.82 m
Bedroom 2: 4.42 x 2.62m
Bedroom 3: 3.00 x 2.21 m
Years remaining on lease: 115
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
- Three-bedroom duplex
- Modern kitchen
- Rear garden
- Close to local amenities
- Available for 30% 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 30%, full price £220,000, £3,300 Min Deposit. Calculated using a representative rate of 5.26%