TENURE: To be advised
SHARED OWNERSHIP Three bedroom house available to purchase from a 75% share at 288,750 with a deposit of 14,437.50. Full market value 385,000. Call today to arrange your viewing of this stunning home.
Plot 73 is a three bedroom, mid terrace house situated on the popular development of Stortford Fields.
The property benefits from flooring throughout and integrated appliances. The kitchens have been designed to make life simple with the benefit of an electric oven and hob, integrated fridge/freezer and washer/dryer. The master bedroom offers an en-suite with shower, hand basin and toilet; upstairs offers a further two bedrooms on the first floor each with carpet and white painted walls. The property has gas central heating and ground floor storage space.
Full market value: 385,000
40% share value: 288,750
5% deposit: 14,437.50
Rent charged on un-owned share : 2.75%
Rent on un-owned share (25%) : 220.57 per month
Estimated monthly estate charge: 52.00
This exciting new development is in the historic Bishop's Stortford, a vibrant Hertfordshire market town with excellent commuter links to London.
Stortford Fields is about a mile from the town centre which has a great range of shops and services, pubs and restaurants. There are also leisure, sports and health facilities, as well as a choice of local schools and daily services from Bishop's Stortford Railway Station to London's Liverpool Street.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these properties for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes