Now available through our resale service is this lovely 2 bed apartment, located in a modern built development in Loughborough, Leicestershire. The apartment offers good sized rooms with modern fitted kitchen and bathroom. The property has wood style flooring to the kitchen and carpeted bedroom with an off street allocated parking space. The property is within easy walking distance to the town centre and benefits from all the facilities and amenities that Loughborough has to offer.
If you’re eligible for Shared Ownership, you’ll be able to buy a share in one of the apartments with a mortgage and pay rent on the remaining share, owned by MHO.*
Shared Ownership means you’ll pay a lower deposit and monthly housing costs approximately 20% less than if you were buying the same property outright on the open market or renting it privately.MHO only sell affordable homes in to customers who have applied and been approved for affordable home ownership through Em Homebuy Visit http://emhomebuy.org.uk/ to make your application.
- Full valuation price £ 115,000
- Share 50%
- Share price £ 57,500
- Rent per month £ 248.95
- Service charge per month £ 86.03
- Minimum household income £ 22,000
- Minimum savings £ 1,725
- Approx Monthly Mortgage payments £ 333.27
- Total Monthly Payments £ 668.25