House For Sale £125,000
A fantastic home benefiting from two double bedrooms, garden and allocated parking. This property is marketed on behalf of Orwell housing and is available as part of the shared ownership scheme, the asking price represents a 50% share of the full property value at £250,000 but further equity can be purchased. Parham is situated in the Suffolk Coastal area some 10 miles from the east coast, about halfway between the market towns of Framlingham and Wickham Market.
Property Information
Plot 2
Accommodation comprises of Ground Floor Entrance Hall, Kitchen/Diner, Cloakroom, Lounge, First Floor, Master Bedroom, Bedroom Two, Bathroom, Private Rear Garden, and off-road parking.
Shared Ownership
2 Bedroom Terrace House
Guide Price – Full Market Value - £250,000
50% Purchase – £125,000
Rent on Remaining 50% - £286.46.
Service Charge - £TBC
Option to Buy Further Shares (Staircasing)
Lease 990 Years
Details
Priority will be given to applicants with a connection to Parham and then the surrounding villages in the East Suffolk District.. An affordability check will be carried out and 25% - 45% of your net monthly income can be used to cover the monthly payments of rent and mortgage.
Guidance can be found at: -
Full details available
Please open the attached brochure with key information.
