2 bedroom apartment for sale
Chatham Close, SP1 3JR
Share percentage 40%, full price £151,000, £3,020 Min Deposit.
Share percentage 40%, full price £151,000, £3,020 Min Deposit.
Monthly Cost: £711
Rent £282,
Service charge £85,
Mortgage £344*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Who is it for?
As long as you are over 18
Your household income is less than £80,000
And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers.
Summary
2 Bed Apartment for Resale in Salisbury
Description
This spacious two bedroom, ground floor flat has a dual aspect open plan living room and kitchen with french doors opening onto a communal garden.
There are two spacious double Bedrooms and a modern family bathroom with shower over bath.
There is also a communal bike shed.
This property also has an allocated parking space for one car and is located in a quiet cul de sac on a modern estate.
The city centre is a short walk away with frequent bus service into the city centre.
Key Features
- Spacious apartment
- 2 good sized bedrooms
- Allocated parking
- Good transport links to City Centre
Particulars
Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: B
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 £151,000, £3,020 Min Deposit. Calculated using a representative rate of 5.26%