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£169,000
This superb modern home is available to buy from as little as £169,000 with a 65% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £260,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £169,000 with a 65% share!
Located in a popular residential area of High Wycombe, this well-presented second-floor apartment offers a fantastic blend of comfort and convenience. The property features two good-sized bedrooms, a modern bathroom, and an open-plan living space with a well-appointed kitchen. A private balcony provides additional outdoor space, while allocated parking adds to the practicality of this home.
The apartment is ideally situated close to a range of local amenities, including supermarkets, cafés, restaurants, and the Eden Shopping Centre. For those who enjoy the outdoors, nearby The Rye and Hughenden Park offer lovely green spaces for walking and relaxation.
Commuters will benefit from excellent transport links, with High Wycombe train station providing direct services to London Marylebone, and easy road access to the M40, A404, and A40 for travel towards London and the surrounding areas.
PRICING & AFFORDABILITY
Full Market Value: £260,000
65% Share Price: £169,000 (rent £216.56pcm)
Minimum 5% Mortgage Deposit (65% share): £8,450
Approximate Service Charges: £100.63pcm*
Lease:110 Years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership