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NEW HOME

Brett Close, Woolpit, Bury St Edmunds, IP30 9UY

PROPERTY TYPE

Terraced

BEDROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Full market value - £295,000
  • 25%-75% shares available on initial purchase
  • Staircasing to 100%
  • Carpets and fitted flooring included
  • Integrated appliances

Description

RESERVE NOW- our two bedroom shared ownership properties - plot 296 & 279

Enjoy the comfort of efficient air source heat pumps and the convenience of a range of appliances. With neutral interiors including a modern kitchen, contemporary bathroom, carpets and fitted flooring throughout, ideal for those looking to purchase a shared ownership home.

Starting with shares from 25%-75% on initial purchase and the option to staircase to 100% ownership, these homes offer flexibility and affordability.

Contact us today to register your interest and take the first step to owning your Flagship Home.


Images for illustration purposes only, each plot may vary in terms of garden size and interior finish.

Agent Notes:

Scheme - Shared ownership

Full market value - £295,000

Share Purchase Price and Rent Examples

If you buy a 25% share, the share purchase price will be £25,000 and the rent will be £507.03 a month.

If you buy a larger share, you'll pay less rent. The table below shows further examples:

Share Purchase Price

30% £88,500.00 £473.23
40% £118,000.00 £405.63
50% £147,500.00 £338.02
60% £177,000.00 £270.42
70% £206,500.00 £202.81
75% £221,250.00 £169.01


The percentage share and rent amount will change depending on the amount you can afford. You'll receive confirmation of what share is affordable for yourself after a financial assessment by a Financial Advisor on our panel.

Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by Flagship Homes.

Monthly payment to Flagship Home In addition to the rent above, the monthly payment to the includes:

Service charge £18.14

Buildings insurance £30.97

Total monthly payment excluding rent £49.11

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Brett Close, Woolpit, Bury St Edmunds, IP30 9UY

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About the development

The Elms, Woolpit

Brett Close, Woolpit, Bury St Edmunds, IP30 9UY

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Development features

  • A number of shared ownership homes in a delightful mid-Suffolk village location
  • Surrounded by beautiful scenery and countryside walks
  • Designed for perfectly balanced lifestyles
  • Contact us today for more details!

About Flagship Housing Limited

We take pride in choosing only the best locations, creating not just places to live, but also places to love. Our homes are built to the highest quality and designed with modern living in mind. Whether you’re retiring, commuting, starting on the property ladder, or raising a family, we have a home for you

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£337
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference plot296mid2bed. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Flagship Housing Limited. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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