TENURE: To be advised
SHARED OWNERSHIP Four bedroom house available to purchase from a 40% share, advertised price is at a 75% share. Full market value 550,000. Call today to arrange your viewing of this stunning home.
Plot 87 is a Four bedroom, Three storey house situated on the popular development of Stortford Fields.
The property benefits from flooring throughout and integrated appliances. The kitchen/Dining area has been designed to make life simple with the benefit of an electric oven and hob, integrated fridge/freezer, washer/dryer and bi-folding doors leading to the garden. The second floor offers a master bedroom on its own with a built in wardrobe and an en-suite with shower, hand basin and toilet; the first floor offers a further three bedrooms and a family bathroom all with white painted walls and flooring throughout. The property has gas central heating and ground floor storage space.
Full market value: 545,000
75% share value: 408,750
5% deposit: 20,437.50
Rent charged on un-owned share : 2.75%
Rent on un-owned share (25%) : 312.24 per month
Estimated monthly service 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.