2 bedroom house for sale
Hodgson Avenue, IP16 4WF
Share percentage 75%, full price £232,500, £8,719 Min Deposit.
Share percentage 75%, full price £232,500, £8,719 Min Deposit
Monthly Cost: £1,105
Rent £141,
Service charge £17,
Mortgage £947*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Two bedroom end terrace house
Description
We are excited to be offering the opportunity to purchase a 75% share of this property through Shared Ownership. Located close to Leiston town centre, this is a well presented two-bedroom semi-detached house comprising of:
Entrance - Front door leading to hallway and door to lounge to the front through to kitchen/dining area to the rear, downstairs WC and stairs to first floor with storage cupboard on landing.
Lounge – Large well-presented lounge to front of property. Phone and aerial points. Carpeted.
Kitchen/dining area – Fitted with a range of white modern base and wall units. Stainless steel extractor hood and splashback. Integrated electric oven and gas hob. Integrated fridge/freezer, washing machine and dishwasher. Stainless steel 1.5 kitchen sink with mixer tap. Vinyl flooring.
Downstairs WC – Spacious room with wash hand basin and toilet. Vinyl flooring.
Bedroom 1 – Double bedroom. Aerial point. Storage cupboard. Carpeted.
Bedroom 2 – Twin room. Carpeted.
Bathroom - Family bathroom with over bath electric shower, wash hand basin and toilet. Heated towel rail. Vinyl flooring.
Gas central heating and UPVC windows throughout.
External – Allocated parking for one vehicle. Enclosed rear garden laid to lawn with patio area and side access. Shed.
Applications are on a first come first serve basis.
Key Features
75% Shared Ownership
One allocated parking space
Gas heating
Close to town centre
Downstairs WC
Particulars
Tenure: Leasehold
Lease Length: 995 years
Council Tax Band: B
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Back Garden
Year property was built: 2021
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 75%, full price £232,500, £8,719 Min Deposit. Calculated using a representative rate of 4.78%