3 bedroom house for sale
Massey Way, Congleton, CW12 2QU
Share percentage 35%, full price £260,000, £9,100 Min Deposit.
Share percentage 35%, full price £260,000
Monthly Cost: £854
Rent £351, Service charge £44, Mortgage £459*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented, semi-detached house has a good-sized reception room and a stylish kitchen/dining room with sleek units and integrated appliances. There is a small utility area, an under-stairs cloakroom/WC and a door which leads out to a neatly-kept garden with patio and lawn. On the first floor is a spacious main bedroom plus two further bedrooms and an attractive family bathroom. The property is part of a recently-built development and the well insulated walls, high performance glazing and modern gas central heating system have resulted in a very good energy-efficiency rating. There is two-car driveway and the town centre can also be reached via bus or by bike. Very long lease with the freehold transferred at 100% ownership.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £260,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/5asd2zut]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (990 years from 01/04/2023).
Minimum Share: 35% (£91,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £350.50 per month (subject to annual review).
Service Charge: £43.70 per month (subject to annual review).
Guideline Minimum Income: Dual - £26,700 | Single - £30,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Cheshire East Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £9,100
- Guide Min Income Dual £26.7k | Single £30.5k
- Two Storey, Three Bedroom, Semi Detached House
- Approx. 842 Sqft Gross Internal Area
- Bathroom plus Downstairs WC
- Very Good Energy Efficiency Rating
- Rear Garden
- Driveway Parking
Particulars
Tenure: Leasehold
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 35%, full price £260,000, £9,100 Min Deposit. Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
