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Shared ownership
1/13

2 bed house for sale Avon Crescent, Houghton Le Spring, DH4

Offers over
£100,000
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Added today

60% share · about £166,667 full value
Type
Bungalow
Bedrooms
2
Bathrooms
1
Size
£155 per sq ft
Tenure
Leasehold
Council tax Band B

Key features

  • Shared Ownership at 60%
  • Semi-Detached Bungalow
  • Two Bedrooms
  • Approx. 60SqM - 646SqFt
  • Leasehold- 84 Years Remaining
  • Rent Presently £210pcm
  • Awaiting EPC

About this property

This is a rare opportunity to acquire a 60% share in this modern two bedroom semi-detached bungalow that is being offered to the market with No Upward Chain. A spacious Hallway with a double store and boiler store guides you into the principal Lounge/Diner with double doors leading out into the enclosed gardens. This is well served by a modern Kitchen with built-in appliances.

Floorplan

Council tax

Band B

Location

Avon Crescent, Houghton Le Spring, DH4

Mortgage and stamp duty

Property price £100,000
£50k £150k
Deposit10% £10,000
£0 £100k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Marketed by
Your Move Houghton-le-Spring
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