2 bedroom house for sale
19 Raleigh Gardens, PL31 2FH
Share percentage 40%, full price £180,000, £7,200 Min Deposit.
Share percentage 40%, full price £180,000, £7,200 Min Deposit
Monthly Cost: £669
Rent £292,
Service charge £20,
Mortgage £357*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
To be eligible for Shared Ownership, you have to be:
Over the age of 18
Not currently own your property
And
Not earn more than £80000 (Total Household Income)
Meet the S106 Local Connection requirements
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
Please note there is a S106 local connection requirement on this property:
Having a local connection in this instance is defined as the parish in which the development will take place, and the adjoining parishes being, Bodmin, Helland, Cardinham, Lanhydrock and Lanivet
1) Person who have been ordinarily resident in the Locality for the last three years or for a continuous period of five years at some time in the past
2) Persons not resident within the Locality but employed in the Locality on a permanent basis for the last three years and who need to live close to their employment
3) persons who can demonstrate a close family connection to the Locality in that the persons mother father son or daughter has been ordinarily resident in the Locality for the past five years and where a caring dependency relationship can be established
Summary
Westward offer this 2-bedroom property in Bodmin through Shared Ownership.
Description
Westward offer this 2-bedroom property in Bodmin through Shared Ownership.
Two-bedroom mid terrace property in a popular quiet cul-de-sac. Tiered rear garden, two allocated parking spaces, solar hot water, 2 double bedrooms, rear currently split into 2 singles. Well-appointed kitchen with plenty of storage. Second toilet excellent transport links. Close to all amenities.
**As one of the double the bedrooms have been split into two singles, it is the buyer’s responsibility to ensure that appropriate, planning and building regulations have been obtained for these works prior to purchase**
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £180,000 (One Hundred and Eighty Thousand Pounds)
- Share being sold: 40%
- Share Value: £72,000 (Seventy-Two Thousand Pounds)
- Monthly Rent: £291.62
- Monthly Service Charge: £19.50
**** Please note the Length of Lease remaining is 111 Years, and there is a restriction on the Lease that only allows you to staircase to 80% ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- Lounge
- Kitchen / Diner
- 2 x Double Bedrooms
- Bathroom
- WC
- Gas Central Heating
- Double Glazing
- Allocated Parking Spaces
- Council Tax Band B
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: B
Map
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 - Private Garden
Year property was built: 2011
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 40%, full price £180,000, £7,200 Min Deposit. Calculated using a representative rate of 4.42%
