Plot 249 | Block C2 CD23 SO | Coronation Square
£167,500 for a 25% share of £670,000 and a deposit as low as £8,375
Full Market Value: £670,000
25% Share Value: £167,500
Minimum Deposit: £8,375
Rent on unowned share: £1,005 per month
Service charge: £361 per month
Council Tax Band: TBC
What is Shared Ownership?
Shared Ownership involves buying anywhere from 25-75% of a home and paying rent on the other part to a housing association like Sage. You could go on to buy 100% of it in the future once you can afford to – though you don’t have to. It’s up to you.
Tenure: Leasehold
Initial ground rent: £0.00
Service charge: £4,332.00
Estate management fee: £0.00
Lease length: 250 years
Council Tax Band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property
