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The Churchill at Rose Hill Gardens

Turnbridge Road, Lydiate, L31 2JF

End mews
2 bedroom
home

Prices start from:
£53,250

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Key Features

  • Two bedroom end mews house
  • 726 SQFT
  • Open plan kitchen/diner with separate lounge
  • Contemporary kitchen with integrated oven hob and cooker hood
  • Floorcoverings to kitchen/diner, bathroom and cloakroom
  • Parking

Property description

This delightful two bedroom house is ideal for first time buyers or households looking to downsize to a smaller, easy to manage new build home. The welcoming entrance hall leads to a lounge at the front of the house and to the rear, a bright airy open plan kitchen/diner with access to the garden. The ground floor is completed with a handy cloakroom. Two double bedrooms and a family bathroom can be found on the first floor.


Open Market Value 30% share Monthly Rent 50% share Monthly Rent 75% share Monthly Rent
£177,500 £53,250 £284.74 £88,750 £203.39 £133,125 £101.69

 

Rent is set at 2.75% of the open market value of the retained share at initial sale and is subject to an annual increase limited to the Retail Price Index (RPI) plus 0.5%

Additional charges: Service charge payable to OVH for buildings insurance approximately £50 per year. Estate charge payable to designated management company of £165 per year.

Shared Ownership homes are available for qualifying purchasers. Please ask Sales Negotiator for details.

The maximum share that can be bought initially is 75%. The amount purchased will depend on a buyer’s individual circumstances. Further shares can be purchased up to 100%.  Freehold is transferred once 100% of the home is purchased.

Your home may be repossessed if you do not keep up mortgage or rent payments

Other information

Monthly repayment:

Calculator to be used for guidance only. Share to be purchased will depend on individual circumstances.

Mortgage availability, interest rate, deposit and term will depend on individual circumstances and lender.

Understanding Shared Ownership

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Find out more about Shared Ownership and how it can help you get on the property ladder.

Understanding Shared Ownership