1 bedroom apartment for sale
34 Lysons Close, PE28 4LN
Share percentage 60%, full price £185,000, £5,550 Min Deposit.
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 CertificateMap
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 60%, full price £185,000, £5,550 Min Deposit. Calculated using a representative rate of 4.78%