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Shared ownership
Leasehold

£72,000

2 bed flat for sale

Apartment 8, Emmeline Court, Northwich Road, Knutsford WA16
2 beds
1 bath
1 reception
Email agent

£72,000

2 bed flat for sale
Apartment 8, Emmeline Court, Northwich Road, Knutsford WA16

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

Shared ownership
Leasehold

About this property

    Free carpets on homes reserved in August!

    Price reflective of 20% Shared Ownership share.

    Join us for a viewing event on Saturday 9th August to take a look around these gorgeous new homes in Knutsford.

    This 2-bedroom ground floor apartment includes:

    - Incredible internal specification of fully fitted kitchen with integrated oven, hob, fridge and freezer.
    - Open plan living/dining space
    - Off-road parking
    - Air Source Heating System
    - Convenient location nearby amenities
    - A blank canvas to make it your own

    Available to buy through Shared Ownership – making homeownership more affordable.

    How does it work? You purchase a share of your new home, starting from as little as 10% and pay rent on the remaining share. Over time you can choose to staircase, all the way up to 100% ownership. What are the benefits? Shared ownership means lower upfront costs and smaller monthly payments. It gives you the security and freedom of home ownership, at a pace that suits your finances.

    Interested in reserving? Reserve for £500

    You are purchasing a Shared Ownership property.

    The Housing association that owns the remaining percentage is Peaks and Plains Housing Trust.

    You must meet the below criteria to be eligible for this property:

    * Your household income is below £80,000 a year.
    * You are not an existing home owner.
    * The property must be your main place of residence.

    The following Shares are available to purchase with the specified monthly rent *subject to an affordability assessment*

    10% = £36,000 / Rent = £742.50/pcm
    15% = £54,000 / Rent = £701.25/pcm
    20% = £72,000 / Rent = £660.00/pcm
    25% = £90,000 / Rent = £618.75/pcm
    30% = £108,000 / Rent = £577.50/pcm
    35% = £126,000 / Rent = £536.25/pcm
    40% = £144,000 / Rent = £495.00/pcm
    45% = £162,000 / Rent = £453.75/pcm
    50% = £180,000 / Rent = £415.50/pcm
    55% = £198,000 / Rent = £371.25/pcm
    60% = £216,000 / Rent = £330.00/pcm
    65% = £234,000 / Rent = £288.75/pcm
    70% = £252,000 / Rent = £247.50/pcm
    75% = £270,000 / Rent = £206.25/pcm (Max initial share)

    Annual Service Charge:

    Total = £661.25/per annum

    Above Service Charge Breakdown:

    Estate Charge = £185.00/per annum
    Buildings Insurance = £200.00/per annum
    Examination Fee = £40.00/per annum
    Reserve Fund Payment = £150.00/per annum
    Management Fee = £86.25/per annum

    More information

    • Tenure

      Leasehold (989 years)

    • Service charge

      £661 per year

    • Council tax band

    • Ground rent

    • Ground rent date of next review

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