Share percentage 75%, full price £160,000, £12,000 Min Deposit
Monthly Cost: £572
Mortgage £572*
Calculated using a representative rate of 4.04%
Calculate estimated monthly costs
Purchasers must live, work or have close family in the Tendring Council area and be unable to afford the full market value of £160,000.
Please contact Landspeed for an application form which will be used to check local connections and affordability.
Summary
Just 2 one bedroom maisonettes available
Description
Plots 36 and 37 are one bedroom maisonettes for sale on the Landspeed Shared Purchase scheme at 75% of the full market value with no rent or interest to pay on the remaining 25%. £120,000 is the 75% selling price.
Please contact Landspeed for an application form.
Key Features
- Kitchen appliances included
- Oven, hob and extractor hood
- Washing machine
- Fridge Freezer
- Vinyl flooring to wet areas
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: No
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: No
Year property was built: 2025
Unit size: 539
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 £160,000, £12,000 Min Deposit. Calculated using a representative rate of 4.04%