2 bedroom apartment for sale
High Street, Upton, NN5 4EN
Share percentage 25%, full price £220,000, £2,750 Min Deposit.
Share percentage 25%, full price £220,000, £2,750 Min Deposit
Monthly Cost: £852
Rent £436,
Service charge £110,
Mortgage £306*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Northampton, Northamptonshire
Description
Bright and modern two-bedroom apartment now available in Northampton through Shared Ownership.
The property comprises of a spacious open plan living room with a modern fitted kitchen equipped with integrated appliances which include a washing machine, dishwasher, a fridge and freezer, and an oven. The apartment also includes two bedrooms, two bathrooms and a private balcony.
The property offers allocated parking space.
CHAIN FREE
Available for £55,000 for 25% share based on the marketing figure of £220,000.
Monthly rent - £436.42
Monthly Service Charge - £109.84
Total Monthly Charge - £546.26 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located in a residential area, with a variety of local amenities. Nearby supermarkets, gyms, and healthcare facilities are all within easy reach.
Green spaces such as Upton Country Park is a 6 minute walk, while local schools, including Upton Meadows Primary School, only a 5 minute walk away.
Healthcare services are accessible, with nearby medical centres and hospitals serving the community. Most amenities can be reached within a 5 to 10-minute drive
Northampton Railway Station offers direct services to London Euston in approximately 60 minutes. The M1 motorway is also easily accessible, providing convenient road connections to London and other major cities.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 986
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- Nearby amenities
- Allocated parking
- Private balcony
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 25%, full price £220,000, £2,750 Min Deposit. Calculated using a representative rate of 5.03%
