2 bedroom house for sale
Lockwood Rise, EX39 1FX, Northam, EX39 1FX
Share percentage 40%, full price £252,500, £5,050 Min Deposit.
Share percentage 40%, full price £252,500, £5,050 Min Deposit
Monthly Cost: £916
Rent £347,
Service charge £20,
Mortgage £549*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Shared ownership at Bay View in Northam, Devon We are pleased to announce we have a selection of 2- & 3-bedroom shared ownership homes at the Bay View development coming...
Description
When you step into the front door you are greeted by the entry hall which has stairs in front of you, leading to the first floor. To the left of the hall way, there is a door leading to the spacious living room From the living room, you head through to the kitchen/dining room. This is an open plan space which makes it perfect for hosting or family meals. The kitchen/dining room benefits from a separate downstairs W.C, a storage cupboard and double doors leading to the private garden.
FIRST FLOOROnce up the stairs, you come to the landing. From here, you can turn right to bedroom 1 to the rear of the property. Back out on the landing, you find the family bathroom which has a shower over bath. You will find bedroom two on the front of the house which can be used as another double room or have it as a twin room.
Outside there is a private garden and two allocated parking spaces.
INFORMATIONCouncil tax banding - TBC.
Remaining term on lease - 990 years.
**While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.
Key Features
- Two parking spaces
- Semi-detached
- Private garden
- Standard SO model
- Countryside location
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Garage
Outside Space/Garden: Yes - Private Garden
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 40%, full price £252,500, £5,050 Min Deposit. Calculated using a representative rate of 4.78%