2 bedroom house for sale
De Warrene Court, IP26 4RT
Share percentage 50%, full price £200,000, £10,000 Min Deposit.
Share percentage 50%, full price £200,000, £10,000 Min Deposit
Monthly Cost: £794
Rent £263,
Service charge £35,
Mortgage £496*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Please check you are eligible for shared ownership by visiting the gov.uk website. You must earn under £80,000 and not own any other property at the time of completion. You must not be able to purchase a home on the open market that suits your needs. You must be able to raise a mortgage or have savings to purchase the minimum share. Applicants will be subject to an affordability assessment which will be carried out by Broadland Housing Association and their recommended financial advisor.
Summary
2 Bed End Terrace House
Description
This home is available from a 50% share on a shared ownership basis with rent payable on the remaining share. There is the option to staircase up to 80% share in the future.
Methwold is a charming village nestled on the edge of Thetford Forest. It offers a strong sense of community and a well-developed infrastructure, including a church, schools, a pub, sports facilities, local shops, and a range of other amenities. The village benefits from excellent road links, providing easy access to Ely and Cambridge to the south, King’s Lynn to the north, and Downham Market, Swaffham, and Thetford to the east and west. The nearby Suffolk market town of Brandon lies approximately 7 miles away.
Key Features
2 bedrooms
Kitchen with fitted oven and hob
Bathroom with bath and shower
Flooring throughout
Enclosed rear garden
Parking
Council tax band B
EPC rating B
Particulars
Tenure: Not specified
Council Tax Band: B
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2021
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 50%, full price £200,000, £10,000 Min Deposit. Calculated using a representative rate of 4.42%
