1 /10
£265,000
Brown Street, Altrincham, WA14
- 1 bed
£265,000
- 1 bed
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Estimate monthly mortgage payment:
£1,210 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£13,250
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*Shared Ownership* A superbly located first floor apartment within a purpose built development positioned on one of the popular 'B Streets', available on a shared ownership basis, which is ideal for a first time buyer, at 25% at ?66,250. The vendors currently own 35%, however you can purchase a larger share or buy the property outright.
The property comprises; Communal Entrance. Communal Hall. Entrance Hall. Open Plan Living Room and Dining Kitchen. Bedroom. Bathroom. Large Store.
In order to sell as shared ownership (currently 35%) the applicant must:
1.Pass affordability with Metro Finance (up to 45% of net income)
2.Be a household not to be earning more than ?80,000pa gross
3.Must not own another property
4.Be intending to live in the property as their principal home
There is no requirement for shared owners to be first time buyers or similar. The shared ownership lease is 125 years from 6.9.22, so 122 years remaining. The current rent is as follows:
Rent ?466.04 pcm
Service Charge ? 168.31 pcm (includes buildings insurance)
The property also benefits from under croft parking which is acquired upon application of permit and within walking distance of Hale train station, village centre with it's local amenities and Altrincham town centre.
The property comprises; Communal Entrance. Communal Hall. Entrance Hall. Open Plan Living Room and Dining Kitchen. Bedroom. Bathroom. Large Store.
In order to sell as shared ownership (currently 35%) the applicant must:
1.Pass affordability with Metro Finance (up to 45% of net income)
2.Be a household not to be earning more than ?80,000pa gross
3.Must not own another property
4.Be intending to live in the property as their principal home
There is no requirement for shared owners to be first time buyers or similar. The shared ownership lease is 125 years from 6.9.22, so 122 years remaining. The current rent is as follows:
Rent ?466.04 pcm
Service Charge ? 168.31 pcm (includes buildings insurance)
The property also benefits from under croft parking which is acquired upon application of permit and within walking distance of Hale train station, village centre with it's local amenities and Altrincham town centre.
Mortgage calculator
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£1,210 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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