The Malvern briefly comprises two double bedrooms, kitchen diner, lounge, cloakroom and bathroom. Outside there is off road parking and an enclosed rear garden. Applications for this property to be submitted by 7th December 2018.
Indicative Costs: This property is available as part of a shared ownership scheme only. Shared ownership is delivered by Ongo to help people buy their own home who might not be able to afford it otherwise.
An affordability assessment will determine what share you can afford ranging from 50% - 75% of the market value, using a deposit and paying a mortgage in the usual manner. Rent is also paid on the remaining percentage of the house that Ongo still own a share of. You can then build up your share to eventually own 100%. The purchase price for a 50% ownership would £58,750. The rent for a 50% shared ownership would be £134.64/month.
Service charges:
£160 per year for managements and administration (£13.33/month).
£100 per year buildings insurance (£8.33/month).
The Burdock Gardens development is nestled in the lakeside area of Bottesford. Lakeside is a picturesque area, perfect for a walk with the family. The retail park boasts supermarkets, restaurants and much more.
A stones throw away lies the bustling community of Ashby that has primary and secondary schools, cafes, restaurants, shops, hairdressers and lots of other amenities.
The Burdock Gardens area is very accessible with motorway access and regular bus routes.
Additional Information:
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