2 bedroom house for sale
8 Farthing Land, IP30 9YH
Share percentage 40%, full price £260,000, £5,200 Min Deposit.
Share percentage 40%, full price £260,000, £5,200 Min Deposit
Monthly Cost: £1,070
Rent £415,
Service charge £90,
Mortgage £565*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Two bed semi-detached house
Description
Eastlight are proud to offer this home for sale under shared ownership, starting from 40% shares.
The property comprises of entrance hall, leading to the fully furnished kitchen/diner, with integrated white goods; the lounge and a downstairs cloakroom. upstairs, the landing leads to two bedrooms and a family bathroom.
Nestled in the charming village of Elmswell, the home is within walking distance of local shops, including a post-office and the train station.
NOTE: Priority will be given to applicants who can demonstrate a local connection to Elmswell.
Please note that viewing appointments can be arranged once we are in receipt of a successful affordability assessment and application form. Enquire now to receive the necessary information.
Key Features
- Fully fitted kitchen with integrated white goods
- Available from 40% shares
- Priority given to applicants with local connection to Elmswell
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: B
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2022
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 £260,000, £5,200 Min Deposit. Calculated using a representative rate of 4.78%
