2 bedroom apartment for sale
The Serpentine, Oxford Road, HP19 8HJ
Share percentage 40%, full price £240,000, £4,800 Min Deposit.
Share percentage 40%, full price £240,000, £4,800 Min Deposit
Monthly Cost: £1,010
Rent £334,
Service charge £154,
Mortgage £522*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Aylesbury, Buckinghamshire
Description
A beautifully presented, two-bedroom flat in Aylesbury is available through shared ownership.
The property comprises of an entrance hall, a modern kitchen with space for dining and spacious lounge, two bedrooms, and a bathroom with shower over bath.
Outside, there is a west facing garden and the property also comes with an allocated off-street parking space. This property would be ideal for small families and couples.
Available for £96,000 for 40% share based on the marketing figure of £240,000.
Monthly rent - £333.79
Monthly Service Charge - £153.81
Total Monthly Charge - £487.60 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationLocated within a modern contemporary development of similar houses and flats with town centre facilities and station available at Aylesbury. The flat is situated to the northwest of the centre of Aylesbury and benefits from close proximity to the A41 and A418. There are 15 schools within 1 mile. The nearest train stations are Aylesbury (0.4 miles), Aylesbury Vale Parkway (1.9 miles) & Stoke Mandeville (2.6 miles).
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
Years remaining on lease: 86
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process
Key Features
- Two bedroom flat
- Allocated off street parking
- Rear garden
- Great condition
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 86 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 £240,000, £4,800 Min Deposit. Calculated using a representative rate of 4.78%
