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Shared ownership
£48,750

1 bedroom semi-detached house for sale

Picture House Green, Leiston
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EV charger
Air source heat pump
Energy efficient
Solar panels
Semi-detached house
1 bed
1 bath
Added > 14 days
Just mortgages

Key information

TenureLeasehold | 25% share | rental £335.16pcm | 990 yrs left
Service charge£358.68 per annum
Council taxAsk agent

Features and description

  • Full Market value £195,000
  • Purchase Can Be Staircased To 100% Of Value
  • Excellent Order
  • Solar Panels
  • Kitchen Equipped With Appliances
  • Sought After Location
An incredibly rare opportunity to purchase a brand-new quality semi detached home situated in the picturesque village of Leiston being within easy access of all amenities including the beautiful seaside towns of Aldeburgh and Southwold. Offered in 'ready to move' condition the property benefits from highly energy efficient air source heat pump, has solar panels, sealed unit double glazing and all fitted floor coverings. The well proportioned accommodation includes a stunning open plan living/dining/kitchen with integrated appliances, a large double bedroom and family bathroom. Outside there is private parking with an electric car charging point, a fully enclosed lawned garden with shed. The perfect single person or starter home offered with an amazing and affordable shared ownership scheme where further details can be obtained by request.

Rooms

Entrance Hall
Sealed unit double glazed entrance door, vinyl floor, staircase to 1st floor.

Open Plan Kitchen/Living/Dining Room 23'8" x 13'8" (7.21m x 4.17m)
Range of brand new contemporary wall and base units all set around extended worksurfaces, single drainer sink unit, inset 4 ring hob unit, built in oven extractor hood, fitted washing machine, fitted fridge and freezer, vinyl floor, sealed unit double glazed windows, radiator, spot lighting, sealed unit double rear door.

Cloakroom 5'0" x 3'5" (1.52m x 1.04m)
Low level wc, wash basin, vinyl floor..

Landing
Carpet, sealed unit double glazed window, built in airing cupboard, built in storage.

Double Bedroom 14'2" x 13'7" (4.32m x 4.14m)
Carpet, radiator, power points, sealed unit double glazed windows, fitted wardrobe.

Bathroom 6'10" x 6'8" (2.08m x 2.03m)
Suite comprising panelled bath with shower fitting and screen, wash basin, low level wc, sealed unit double glazed window, radiator, wall and floor tiling.

Outside
Lawned front garden with private allocated parking bay and electric car charging point. Side access opens to lovely fully enclosed lawned rear garden with small patio area and timber shed.

Agents Note
Images for illustration purposes only, each plot may vary in terms of garden size and interior finish. Address (Plots 8-11) Picture House Green, Leiston, Suffolk, IP16 4FQ Property type 1 bedroom house Scheme Shared ownership Full market value £195,000.00 Share Purchase Price and Rent Examples The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a 10% share, the share purchase price will be £19,500.00 and the rent will be £402.19 a month.

Agents Note 1
If you buy a larger share, you'll pay less rent. The table below shows further examples. Share Purchase Price 25% £48,750.00 Monthly rent £335.16 30% £58,500.00 Monthly rent £312.81 40% £78,000.00 Monthly rent £268.13 50% £97,500.00 Monthly rent £223.44 60% £117,000.00 Monthly rent £178.75 70% £136,500.00 Monthly rent £134.06 75% £146,250.00 Monthly rent £111.72 The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord. Monthly payment to the landlord In addition to the rent above, the monthly payment to the landlord includes: OFFICIAL Service charge £8.90 Estate charge £0.00 Buildings insurance £20.99 Management fee £0.00 Reserve fund payment £0.00 Total monthly payment excluding rent £29.89

Disclaimer
Howards Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. Howards Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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About this agent

Howards Estate Agents - Lowestoft
Howards Estate Agents - Lowestoft
164-166 London Road North Lowestoft, Suffolk NR32 1HB
01502 392921
Full profileProperty listings
Lowestoft is the most easterly town in the United Kingdom and enjoys a reasonable level of tourism in the summer months with a large number of local tourist attractions including Pleasurewood Hills, Africa Alive and Somerleyton Hall and Gardens. The nearest city to Lowestoft is Norwich which is approximately 30 miles inland and is linked to it by road and rail. It’s also the home of our nearest airport, Norwich International. London is a little over 100 miles away.
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