2 bedroom house for sale
Damson Way, LU6 2FQ
Share percentage 50%, full price £390,000, £9,750 Min Deposit.
Share percentage 50%, full price £390,000, £9,750 Min Deposit
Monthly Cost: £1,592
Rent £465,
Service charge £41,
Mortgage £1,086*
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 £80,000 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
Available Now! *2 bedroom, semi-detached house *50% share *Edlesborough, Bedfordshire *Village location * Rear garden and side grass area *Available to purchase through shared ownership
Description
This 2-bedroom, semi-detached house is situated in Edlesborough, Bedfordshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £390,000
Share Available: £195,000
Monthly Rent: £465.20
Monthly Service Charge: £40.98
Remaining Lease Term: 118 years
About the Property
The home is comprised of:
An entrance hall with stairs leading to the first floor, WC and doorways leading to all ground floor rooms
Kitchen/Diner with access to the rear garden
Lounge
Bedroom 1
Bedroom 2
Bathroom
Side grass area
About the Area
Edlesborough is a village and civil parish in the Aylesbury Vale district of Buckinghamshire, England. Edlesborough is also next to the village of Eaton Bray just over the county boundary in Bedfordshire, about 3 miles (5 km) west-south-west of Dunstable.
As well as the village of Edlesborough itself, the civil parish also includes the hamlets of Dagnall, Northall and part of Ringshall. Hudnall was transferred in 1885 to the parish of Little Gaddesden in Hertfordshire.
Dunstable is a market town and civil parish located in Bedfordshire, England. It lies on the eastward tail spurs of the Chiltern Hills, 30 miles (50 kilometres) north of London. These geographical features form several steep chalk escarpments most noticeable when approaching Dunstable from the north.
Dunstable is the largest settlement in Central Bedfordshire and third largest in Bedfordshire behind Luton and Bedford. Along with Houghton Regis and the much larger town of Luton it forms the westernmost part of the Luton/Dunstable Urban Area.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
Key Features
- 50% Share Available
- 2 Bedrooms
- Allocated parking
- Large plot with rear garden and grass side area
- Excellent village Location
- 4.6 miles to Dunstable centre
- 5.8 miles to nearest train station with links to London
- Great Local Amenities
- Gas Central Heating
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Rear 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 50%, full price £390,000, £9,750 Min Deposit. Calculated using a representative rate of 5.03%
