2 bedroom house for sale
56 Fernworthy Close, Edginswell, TQ2 7JQ
Share percentage 50%, full price £190,400, £9,520 Min Deposit.
Share percentage 50%, full price £190,400, £9,520 Min Deposit
Monthly Cost: £703
Rent £211,
Service charge £20,
Mortgage £472*
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.
Summary
Westward offer this 2-bedroom property in Torquay through Shared Ownership.
Description
Westward offer this 2-bedroom property in Torquay through Shared Ownership.
A two-bedroom semi-detached property in a nice friendly neighbourhood area.
Modern Bathroom, kitchen, conservatory leading to the back garden with sheds and driveway for 2 cars.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £190,400 (One Hundred Ninety Thousand and Four Hundred Pounds)
- Share being sold: 50%
- Share Value: £95,200 (Ninety-Five Thousand and Two Hundred Pounds)
- Monthly Rent: £211.19
- Monthly Service Charge: £19.50
**** Please note the Length of Lease remaining is 67 Years – you will need to notify your Mortgage lender of this ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- Lounge/Diner
- Kitchen / Diner
- 2 x Double
- Bathroom
- Conservatory
- Combi Boiler
- Double Glazing
- Allocated Parking Spaces
- Council Tax Band B
Particulars
Tenure: Leasehold
Lease Length: 67 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 - Driveway
Outside Space/Garden: Yes - Rear Garden
Year property was built: 1993
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 £190,400, £9,520 Min Deposit. Calculated using a representative rate of 4.42%
