2 bed Flat For Sale £109,500
This fantastic shared ownership property located on the ever popular Elder Road, comprising of open plan lounge/kitchen, two bedrooms, bathroom and private balcony. Viewings highly recommended
Share percentage 30%, full price £365,000, £5,475 Min Deposit.
Full market value: £365,000
Share owned: 30%
Share value: £109,500
Current monthly rent: £468.70
Current monthly service charge: £425.60
Lease term remaining: 99 Years from 1st May 2009
Eligibility
You may be eligible for this property if:
· You have a gross household income of no more than £90,000 per annum when eligible to purchase.
· You are unable to purchase a suitable home to meet your housing needs on the open market.
· You do not already own a home or you will have sold your current home before you purchase or rent.
· To purchase this 30% minimum share you will need a minimum joint household income of £31239 and available savings of £5475 for a 5% mortgage deposit.
Share percentage 30%, full price £365,000, £5,475 Min Deposit.
Full market value: £365,000
Share owned: 30%
Share value: £109,500
Current monthly rent: £468.70
Current monthly service charge: £425.60
Lease term remaining: 99 Years from 1st May 2009
Eligibility
You may be eligible for this property if:
· You have a gross household income of no more than £90,000 per annum when eligible to purchase.
· You are unable to purchase a suitable home to meet your housing needs on the open market.
· You do not already own a home or you will have sold your current home before you purchase or rent.
· To purchase this 30% minimum share you will need a minimum joint household income of £31239 and available savings of £5475 for a 5% mortgage deposit.
