2 bedroom house for sale
St Margarets Crescent, IP16 4HS
Share percentage 10.00%, full price £250,000, £2,500 Deposit.
Share percentage 10.00%, full price £250,000, £2,500 Deposit
Monthly Cost: £690
Rent £516,
Service charge £50,
Mortgage £124*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will be asked to carry out an in depth financial assessment by one of our Independent Financial Advisors before reservation.
Please be aware there is a local connection criteria as follows:
(a) has continuously lived in the Parish of Leiston cum Sizewell for the preceding 3 years; or
(b) has continuously had a place of work in the Parish of Leiston cum Sizewell for the preceding 3 years; or
(c) has parents or close family (i.e. mother, father, son or daughter) who are over 18 and who have lived in the Parish of Leiston cum Sizewell for the preceding 5 years.
Summary
The Theberton 2 bedroom shared ownership home
Description
Welcome to The Theberton – our two bedroom shared ownership property. These thoughtfully designed homes available on plots 48, 49, 50, 51, 70, 73, and 74,
Enjoy the comfort of efficient air source heat pumps and the convenience of a range of appliances. . With neutral interiors including a modern kitchen, contemporary bathroom, carpets and fitted flooring throughout, The Theberton is ideal for those looking to purchase a shared ownership home.
Starting with shares from 25-75% on initial purchase and the option to staircase to 100% ownership, these homes offer flexibility and affordability.
With seven plots available, contact us today to register your interest and take the first step to owning your Flagship Home.
Please be aware there is a local connection criteria as follows:
(a) has continuously lived in the Parish of Leiston cum Sizewell for the preceding 3 years; or
(b) has continuously had a place of work in the Parish of Leiston cum Sizewell for the preceding 3 years; or
(c) has parents or close family (i.e. mother, father, son or daughter) who are over 18 and who have lived in the Parish of Leiston cum Sizewell for the preceding 5 years.
Key Features
- Range of appliances
- 25%-75% shares available on initial purchase
- Staircasing to 100%
- Carpets and fitted flooring included
- Heating and water powered by an air source heat pump
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 10%, full price £250,000, £2,500 Min Deposit. Calculated using a representative rate of 4.42%
