Shared Ownership
This superb modern home is available to buy from as little as £92,000 with a 40% share!
This well presented first floor apartment offers a thoughtfully designed layout with accommodation that comprises a spacious open plan kitchen and living area, a double bedroom and a modern bathroom. The property is well laid out to maximise usable space comes with an allocated parking space.
Situated in the popular Harlington area of Dunstable, the property enjoys convenient access to a range of local amenities including shops, schools, green spaces, and everyday services. Dunstable town centre is within easy reach, offering a wider selection of retail, leisure, and dining options. Harlington station is just a two-minute walk away, providing excellent rail connections for commuters, while nearby Leagrave and Luton stations also offer direct services into London St Pancras. Excellent transport links are available via the A5 and M1 (Junctions 11a and 12), providing straightforward road access to Luton, Milton Keynes, and London. London Luton Airport is also easily accessible.
PRICING & AFFORDABILITY
Full Market Value: £230,000
40% Share Price: £92,000 (rent £369.59pcm)
Minimum 5% Mortgage Deposit (40% share): £4,600
Approximate Service Charges: £48.35pcm*
Lease: 996 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
