2 bedroom apartment for sale
Suffolk Punch Close, MK13 7FB
Share percentage 50%, full price £235,000, £5,875 Min Deposit.
Share percentage 50%, full price £235,000, £5,875 Min Deposit.
Monthly Cost: £1,103
Rent £297,
Service charge £136,
Mortgage £670*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Grand Union are pleased to offer for sale this two bedroom apartment at Suffolk Punch Close, Heelands for £117,500 for a 50% share.
Description
Grand Union are pleased to offer for sale this two bedroom apartment at Suffolk Punch Close, Heelands for £117,500 for a 50% share.
The property consists of 2 bedrooms, 2 bathrooms and an allocated parking space.
Located within 1 mile of Milton Keynes, Suffolk Punch offers easy access to amenities.
Please note you must not be a current homeowner and will need a 5% deposit.
Particulars
Tenure: Not specified
Council Tax Band: Not specified
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 50%, full price £235,000, £5,875 Min Deposit. Calculated using a representative rate of 5.26%