A new pathway home with Share to Buy
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1 bedroom apartment for sale

Available

34 Lysons Close, PE28 4LN

£111,000 · Shared Ownership Resale

Share percentage 60%, full price £185,000, £5,550 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£111,000 Shared Ownership Resale

Share percentage 60%, full price £185,000, £5,550 Min Deposit

Monthly Cost: £894
Rent £205, Service charge £86, Mortgage £603*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Summary

Modern one bedroom apartment

Description

SHARED OWNERSHIP One bedroom apartment available to purchase at a 60% share from £111,000 with a minimum 5% mortgage deposit of £5,550 and monthly rent/management charge of £229.54 and a service charge of £85.59 pcm. Call today to arrange your appointment to view & discuss this individual home!

This well presented, modern home has a allocated parking for one car in the car park. The property has an secure communal entrance hall with fire doors leading to the entrance of the apartment. Inside you will discover entrance hall with doors leading to the bathroom, storage cupboard, large bedroom and access to the open plan, kitchen/living/dining space. The kitchen benefits from fitted units, stainless steel sink unit, fitted single oven, electric hob with splash back and extractor hood over and integrated fridge/freezer.

The spacious bedroom, benefits from built-in double wardrobe and a large floor-to-ceiling double glazed window to side aspect and single double glazed window to rear aspect, creating a bright and airy space to relax in. The bathroom consists of a w.c, pedestal wash hand basin and fully tiled bath with shower screen, shower attachment and extractor fan.


Lysons Close is located in Alconbury Weald, a new development, is surrounded by landscaped open green spaces with woodlands, intricately designed parks and play areas linked by footpaths and cycleways. A range of community facilities include a convenience store, library, nursery and primary school. More primary, a secondary and a special needs school will be added in the coming years with more retail spaces too. The nearest Doctors surgery can be found a mile away in nearby Alconbury.

Alconbury Weald also has brilliant transport links, only 15 minutes away from Huntingdon train station which has direct trains to London Kings Cross taking 45 minutes, as well as great road connections to the north and south, as well as the west.


Example:
Full Market Value: £185,000
60% Share Price: £111,000
Rent on un-owned share £205.18 PCM
Estimated estate charges £109.95 PCM


*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Fontwell you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%) When you’re ready, you can buy more shares until you staircase to owning 100% of your home.*

Images shown are representative of the product and finish and may not reflect the actual plot advertised. These are for guidance and example purposes only.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Huntingdon (3.76 miles) St Neots Station (9.98 miles) Whittlesea (13.02 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£111,000
Shared Ownership Resale
Estimated Monthly Cost:£894
Rent £205
Service Charge £86
Mortgage £603

Share percentage 60%, full price £185,000, £5,550 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.