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Shared ownership
Leasehold

£132,000

2 bed flat for sale

Apartment 6, Emmeline Court, Northwich Road, Knutsford WA16
2 beds
1 bath
1 reception
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£132,000

2 bed flat for sale
Apartment 6, Emmeline Court, Northwich Road, Knutsford WA16

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

Shared ownership
Leasehold

About this property

    Price based on A 40% share.

    Free carpets on homes reserved in August! Price reflective of 40% 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% = £33,000 Rent = £680.63 pcm
    15% = £49,500 Rent = £642.81/pcm
    20% = £66,000 Rent = £605.00/pcm
    25% = £82,500 Rent = £567.19/pcm
    30% = £99,000 / Rent = £529.38/pcm
    35% = £115,000 / Rent = £491.56/pcm
    40% = £132,000 / Rent = £453.75/pcm
    45% = £148,000 / Rent = £415.94/pcm
    50% = £165,000 / Rent = £378.13/pcm
    55% = £181,500 / Rent = £340.31/pcm
    60% = £198,000 / Rent = £302.50/pcm
    65% = £214,500 / Rent = £264.69/pcm
    70% = £231,000 /Rent = £226.88/pcm
    75% = £247,000 / Rent = £189.06/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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