2 bedroom apartment for sale
18 Alden Court, Bishopric, RH12 1FH
Share percentage 55%, full price £310,000, £17,050 Min Deposit.
Share percentage 55%, full price £310,000, £17,050 Min Deposit
Monthly Cost: £1,369
Rent £397,
Service charge £126,
Mortgage £846*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Shared ownership
Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.
Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.
Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.
Am I eligible?
Serving MOD, all first time buyers and social tenants will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.
Remember you will also have to pay household bills including council tax, gas, electricity and water.
Summary
Two bedroom second floor flat with parking, walking distance to the town centre and station
Description
Two bedroom second floor apartment is now available for shared ownership purchase. This apartment is bright and generously proportioned with large open-plan living spaces. The modern kitchen area has space for a dining table and benefits from a balcony. There are two double-bedrooms, both with built-in wardrobes and a contemporary bathroom off the hall.
Council Tax
Band B EPC - B
Specification
Kitchen
Modern glossy white Monza style kitchens by Rixonway
Zanussi fan oven and gas hob
Zanussi integrated fridge freezer
Indesit integrated washer/dryer
Black quartz effect laminate worktops
Spotlights
Under cupboard lighting
Bathroom
Contemporary white sanitary ware with basin, bath, shower over bath and WC
Heated chrome towel rail
Large mirror with shaver socket
Internal
PVCu high efficiency double glazed windows
PVCu patio doors to garden or balcony
Airing cupboard with shelving
Smoke detector and carbon monoxide alarms
Gas central heating powered by Worcester Bosch combi boiler
Wood effect vinyl throughout, with neutral carpets to bedrooms and hallway
External
One parking space
Managed landscaped communal gardens for the enjoyment of all residents
External lighting to all front doors and terraces
Door entry system
Key Features
- Two Bedrooms
- Second Floor Apartment
- Open Plan Living
- Allocated Parking
- Town Centre Location
- Close to Train Station
- Built in 2019
- Remainder of NHBC Warranty
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Property Downloads
Key Information Document Brochure 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: Yes - Allocated
Outside Space/Garden: No
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 55%, full price £310,000, £17,050 Min Deposit. Calculated using a representative rate of 4.42%
