2 bedroom house for sale
Morpeth Close, PE2 7AP
Share percentage 35.00%, full price £275,000, £4,813 Deposit.
Share percentage 35.00%, full price £275,000, £4,813 Deposit
Monthly Cost: £873
Rent £296,
Service charge £54,
Mortgage £523*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Your annual household income must not exceed £80,000.
You must not currently own a property in the UK or overseas.
You are a British or EU Citizen, or you have the right to remain in the UK.
You must be over 18 if you are applying for a mortgage.
Summary
Last remaining two bedroom homes on the popular Gloucester Gardens development, perfect for first time buyers and families or those looking to downsize.
Description
The Blossom has a separate lounge, kitchen/dining room and wc to the ground floor and on the first floor you will find 2 spacious bedrooms and a family bathroom. There are plenty of electrical sockets throughout with a TV point to the lounge and master bedroom. The bathroom comes with a thermostatic shower over the bath and full height tiling to the bath area and a glass shower screen.
Key Features
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Specification Highlights
Integrated appliances including fridge / freezer, dishwasher and washer dryer.
Built-in oven, hob & extractor
Modern, neutral kitchen cabinets and worktops
Modern white sanitary ware, with thermostatic shower and glass screen
Vinyl flooring to kitchens & bathrooms
Carpeting to all other rooms, available as an early-purchase incentive
Two parking spaces per plot
Fully enclosed, turfed rear gardens
These are leasehold homes with a lease term of 990 years.
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: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: 2024
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Central, Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 £275,000, £1,375 Min Deposit. Calculated using a representative rate of 4.78%
