3 bedroom house for sale
17 Peaselands, Desborough, NN14 2JY
Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Monthly Cost: £784
Rent £240,
Service charge £65,
Mortgage £479*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
This property is a three bedroom end terrace house.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room, and a Guest WC.
First Floor: Landing, Three Bedrooms, and a Bathroom/WC.
Improvements: Installation of a new kitchen and bathroom, Boarding of the loft, New garden shed and decorations throughout
External: Allocated parking space adjacent to the property and rear garden with side access.
Location
This property is situated in an area of mixed residential properties and is a short distance from Desborough village centre.
The property is well located for good transport links to include the A6 and A14 trunk routes.
Key Features
Purchase Information
For Sale is a 40% share of the property for £84,000 with an additional monthly charge of £305.21 which includes Rent, Service Charge, Insurance and Management Charge.
The Full Market Value of £210,000 does not consider the extensive improvements that have been undertaken in this property.
Therefore, the 40% share of £84,000 has an additional £15,000 to be added to cover the improvement value bringing the total payment required to £99,000.
Please take this into account with your finances as Mortgage Lenders will only loan on the market share valuation and not consider the improvements value. You will therefore require a larger deposit, plus any that your lender requires.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: C
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 £210,000, £4,200 Min Deposit. Calculated using a representative rate of 5.26%
