This superb modern home is available to buy from as little as £147,500 with a 50% share!

  • £295,000

    Equity share: 50% / £147,500

Highgate House
For Sale Shared Ownership

This superb modern home is available to buy from as little as £147,500 with a 50% share!

Highgate House
  • £295,000

    Equity share: 50% / £147,500

Property Overview

  • Flat
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

Shared Ownership

This superb modern home is available to buy from as little as £147,500 with a 50% share!

A spacious and well-presented ground floor apartment on the skirts of High Wycombe town centre. There are two double bedrooms and an impressive 22ft open plan kitchen/living space with double doors opening on to a patio and enclosed garden. There is an allocated parking space with visitors permit parking also available. The property will be sold with an extended lease.

PRICING & AFFORDABILITY

Full Market Value: £295,000

50% Share Price: £147,500 (rent £362.65pcm)
Minimum 5% Mortgage Deposit (% share): £7,375
Approximate Service Charges: £163.32pcm*
Shared Ownership Lease: approx. 233 years
Council Tax Band: C

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £295,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property Address

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  • Address Highgate House
  • City High Wycombe
  • County Buckinghamshire
  • Postal Code HP11 1GQ

Details

Updated on July 2, 2024 at 9:07 am
  • Property ID: MS-127845
  • Rental Amount Per Month: £363/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 163.32
  • Value Of The Equity Share: 50% / £147,500
  • Overall Property Value: £295,000
  • Tenure: Leasehold
  • Council Tax Band: C
  • Length of Lease: 233

Contact SOWN about: This superb modern home is available to buy from as little as £147,500 with a 50% share!

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