Share Price £84,000 (from 40% Min. Share)

Full Value £210,000 | £4,200 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom apartment in Buckinghamshire

place Oxford Road, The Serpentine, Aylesbury, HP19 8HJ

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A 2 bedroom ground floor flat within the popular Serpentine development


Description

Available for £84,000for 40% share based on a market value of £210,000
Monthly Rent- £237.70
Monthly Service Charge- £107.88
Total Monthly Charge- £345.58 PLUS MORTGAGE REQUIRED FOR 40% SHARE

A well presented ground floor flat benefiting from direct access onto communal gardens. The accommodation comprises of private entrance hall, two double bedrooms, kitchen, reception room and bathroom with WC. Outside there are well kept communal grounds and areas, including bin and bike stores. The property also benefits from an allocated parking space, double glazing and electric central heating.

The Serpentine is a modern residential development of mixed properties, conveniently close to Aylesbury town centre and mainline railway station. Good access to A41 trunk road.

Private entrance hall

Fitted storage and airing cupboards.

Bedroom 1: 3.42 x 4.71

Bedroom 2: 4.95 x 3.94

Kitchen: 3.77 x 2.94

Good range of modern units. Electric hob. Cooker. Integrated fridge/freezer, dishwasher and washer/dryer.

Reception room: 3.57 x 5.80

Bathroom with WC

Three piece white suite. Shower over bath.

(All room dimensions are of approximate maximum widths and lengths due to unusual shaped rooms/property).

Outside:

Communal garden – direct access from reception room.

Communal bin and bike stores.

Allocated parking space.

EPC Rating

Energy Rating Band- B
Environmental Impact Band- B

All room dimensions approximate.

Please note figures given for rent and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.


Key Features

Ground floor flat
Two bedrooms
Good condition
Allocated parking space
Double glazing and electric central heating
Close to town centre facilities at Aylesbury
Available on 40% shared ownership basis


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Calculate Monthly Cost

Share price
£ 84,000
Min. £84,000
Share percentage
Min. 40%
Your deposit
Min. £4,200
Monthly cost*
£765
Cost breakdown
£238
Rent
£108
Service charge
£419
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.