House For Sale £74,000
A modern 2 bedroom mid terrace home built in 2019 being sold as 40% shared ownership, in a sought after and convenient location suitable for first time buyers or professionals. 100% ownership also available please ask for more information.
There is a modern kitchen with some integrated appliances, lounge dining room with doors into the rear garden an a ground floor cloakroom. There are two double bedrooms and a family bathroom. Outside there is off road parking and a low maintenance rear garden. There is 9 years remaining NHBC warranty.
Monthly Rent - £268.79
Monthly Service Charge - £6.35
Monthly Insurance - 9.35
Lease 122 years remaining
Please read the information below and ensure you qualify to purchase before booking a viewing.
You must have registered with the Help to Buy (Orbit Housing will require your Help to Buy id number) and meet the following government guidelines for Shared Ownership and:
• The household earns £80,000 a year or less
• You are first-time buyers (or used to own a home, but cannot afford to buy one now. Existing shared owners are required to have disposed of their existing shared ownership home at the point of purchase.)
• You are aware that shared ownership properties cannot be sub-let and must be the leaseholder’s primary residence.
As part of Orbit's approval process we will have to be satisfied that the purchaser complies to the Homes & Communities Agency affordability assessment. Based on the share price they estimate a minimum household income of £23,407.00 is required to afford to purchase the share and meet the rent obligations of this particular home. The purchaser may require a higher income if they have other monthly commitments such as a loan or a lower income if they are able to put down a lump sum to help fund the purchase.
It is possible for someone to purchase 100% of the property but an additional staircasing process will have to be completed simultaneously by your client.
Property Ownership Information
Tenure
Shared ownership
Council Tax Band
B
Percentage Share Owned
40%
Additional Monthly Rent
£268.79
Annual Ground Rent
No ground rent
Ground Rent Review Period
No review period
Annual Service Charge
£6.35
Service Charge Review Period
No review period
Lease End Date
01/01/2144
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
There is a modern kitchen with some integrated appliances, lounge dining room with doors into the rear garden an a ground floor cloakroom. There are two double bedrooms and a family bathroom. Outside there is off road parking and a low maintenance rear garden. There is 9 years remaining NHBC warranty.
Monthly Rent - £268.79
Monthly Service Charge - £6.35
Monthly Insurance - 9.35
Lease 122 years remaining
Please read the information below and ensure you qualify to purchase before booking a viewing.
You must have registered with the Help to Buy (Orbit Housing will require your Help to Buy id number) and meet the following government guidelines for Shared Ownership and:
• The household earns £80,000 a year or less
• You are first-time buyers (or used to own a home, but cannot afford to buy one now. Existing shared owners are required to have disposed of their existing shared ownership home at the point of purchase.)
• You are aware that shared ownership properties cannot be sub-let and must be the leaseholder’s primary residence.
As part of Orbit's approval process we will have to be satisfied that the purchaser complies to the Homes & Communities Agency affordability assessment. Based on the share price they estimate a minimum household income of £23,407.00 is required to afford to purchase the share and meet the rent obligations of this particular home. The purchaser may require a higher income if they have other monthly commitments such as a loan or a lower income if they are able to put down a lump sum to help fund the purchase.
It is possible for someone to purchase 100% of the property but an additional staircasing process will have to be completed simultaneously by your client.
Property Ownership Information
Tenure
Shared ownership
Council Tax Band
B
Percentage Share Owned
40%
Additional Monthly Rent
£268.79
Annual Ground Rent
No ground rent
Ground Rent Review Period
No review period
Annual Service Charge
£6.35
Service Charge Review Period
No review period
Lease End Date
01/01/2144
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
