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Shared ownership
Leasehold

£187,000

2 bed flat for sale

Apartment 9, Emmeline Court, Northwich Road, Knutsford WA16
2 beds
1 bath
1 reception
Email agent

£187,000

2 bed flat for sale
Apartment 9, 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 55% 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% = £34,000 / Rent = £701.25/pcm
    15% = £51,000 / Rent = £662.29/pcm
    20% = £68,000 / Rent = £623.33/pcm
    25% = £85,000 / Rent = £584.38/pcm
    30% = £102,000 / Rent = £545.42/pcm
    35% = £119,000 / Rent = £506.46/pcm
    40% = £136,000 / Rent = £467.50/pcm
    45% = £153,000 / Rent = £428.54/pcm
    50% = £170,000 / Rent = £389.58/pcm
    55% = £187,000 / Rent = £350.63/pcm
    60% = £204,000 / Rent = £311.67/pcm
    65% = £221,000 / Rent = £272.71/pcm
    70% = £238,000 / Rent = £233.75/pcm
    75% = £255,000 / Rent = £194.79/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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