Share percentage 50%, full price £270,000, £6,750 Min Deposit
Monthly Cost: £1,560
Rent £640,
Service charge £168,
Mortgage £752*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
2 Double Bedroom 2nd Floor Flat with Balcony
Description
Situated on the 2nd floor, this property offers a generous living space, including a large storage area at the entrance a good-sized family bathroom and two double bedrooms. The open-plan layout creates a bright and airy atmosphere, leading to a balcony overlooking the picturesque Turkey Street Park. With Turkey Street Station within easy reach, commuting is a breeze. Experience the perfect blend of tranquility and convenience!
Key Features
2 Double Bedrooms
Open Plan Living
Balcony
Long Lease
Short Walk to Turkey Street Station
Particulars
Tenure: Leasehold
Lease Length: 204 years
Council Tax Band: C
Property Downloads
Floor PlanMap
Material Information
Total rooms: 4
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Private Balcony
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 50%, full price £270,000, £6,750 Min Deposit. Calculated using a representative rate of 5.03%
