3 bedroom house for sale
Southgate Street, Long Melford, CO10 9HU
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Monthly Cost: £1,129
Rent £413,
Service charge £32,
Mortgage £684*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
3 x Two bedroom semi-detached houses with study
Description
Flagship Homes are delighted to offer a number of shared ownership for purchase at Station Road, Long Melford built by the prestigious developer Bloor. These homes are available to reserve now with initial shares starting from 25-75% with staircasing available up to 100%.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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 40%, full price £300,000, £6,000 Min Deposit. Calculated using a representative rate of 5.26%
