Full price: £285,000 The full value of the property
Share value: 60% - £171,000
Estimated monthly cost*: £1,013
Estimated Monthly Mortgage*: £857
SO Resi Monthly Payment: £138.84 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £17.49 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.
** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.
Years on lease: 111
A supermarket, petrol station and other local shops are provided within the immediate vicinity.The town centre of Bishop's Stortford with its more extensive facilities and railway station is within around 1½ miles.
A two bedroom mid-terraced house located in Bishop's Stortford available for sale through the Shared Ownership Scheme.
Available for £171,000 for 60% share based on the full market value of £285,000.
SO Resi Monthly Payment - £138.84
Monthly Service Charge - £17.49
Total Monthly Charge - £156.33 PLUS MORTGAGE REQUIRED FOR 60% SHARE
Minimum Required Income - £50,267
There are private front and rear gardens with no external link between the two. The property is provided with a single garage in a block of two, slightly remote from the property but adjoining another house. A driveway outside the garage provides off street parking for one car. There is a permit parking scheme in place for visitors and residents.
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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