2 bedroom apartment for sale
London Road, Hempsted, PE2 9DT
Share percentage 25%, full price £145,000, £1,813 Min Deposit.
Share percentage 25%, full price £145,000, £1,813 Min Deposit
Monthly Cost: £633
Rent £288,
Service charge £148,
Mortgage £197*
Calculated using a representative rate of 4.78%
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
Discover this cosy 2 bedroom second floor flat located in Hempsted, Peterborough. Available at 25% shared ownership-ideal for first-time buyers.
Description
The accommodation comprises of entrance hall, open plan kitchen/dining/lounge, two bedrooms and family bathroom. Outside benefits from allocated car parking and communal areas.
Homemade Homes by Accent offers an exciting opportunity for you to get on the property ladder through Shared Ownership. Shared Ownership can reduce your mortgage and deposit requirements, making your dream home more achievable than you might think.
Key Features
- 2 Bedroom Second Floor Flat
- Full Value: £145,000
- Share Price: £36,250
- Share Percentage: 25%
- Monthly Rent: £288.16
- Monthly Service Charge: £147.88
- Energy Rated “B”
- Council Tax Band “B”
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: 72.4 sqM
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 £145,000, £1,813 Min Deposit. Calculated using a representative rate of 4.78%
