Share percentage 40%, full price £205,000, £8,200 Min Deposit.
Monthly Cost: £787
Rent £282,
Service charge £82,
Mortgage £423*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Final ground floor 1 bedroom apartment with shared ownership.
Description
Available to move into - a ground floor one bedroom apartment with shared ownership - perfect for first time buyers.
Prices start at £82,000 for a 40% share, based on a full market value of £205,000 for a one-bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £281.88
Monthly service charge: £82.36
Total outgoings**: £761.24
Minimum household income: £24,500
10% deposit: £8,200
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Register your interest now to book a viewing
Enjoy the contemporary open plan living/dining space complete with design-led cashmere natural tones kitchen and integrated appliances, grey limed-oak effect flooring and downlighters. Find your evening relaxation in the spacious double bedroom and benefit from sumptuous carpet. During the day, benefit from plenty of light coming through the double glazed windows.
The large bathroom comes with bath and overhead shower and mirror above the sink. The apartment also benefit from an ample storage space, alongside 2 parking pergola spaces and cycle storage.
The Hyde Difference
High specification as standard
Contemporary kitchen units with integrated appliances
Quality flooring included
Specialist in-house sales team
Over 90% customer satisfaction for 11 consecutive years
Key Features
Open plan living/dining/kitchen area
One double bedroom
Bathroom
Storage
Allocated parking
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor Plan BrochureVirtual Tour
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 £205,000, £8,200 Min Deposit. Calculated using a representative rate of 4.80%
