£110,000
2 bed semi-detached house for saleCottonwood Road, Red Lodge, Bury St Edmunds IP28
2 beds
- New home
- Shared ownership
LSL Land & New Homes - The SO Hub
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About this property
Shared Ownership: Yes
Shared Ownership Percent: 40.00
Shared Ownership Rent: 4,537 per annum
Annual Service Charge: 739
Tenure: Leasehold
Patio doors leading to a private back garden
Fitted Kitchen with oven, hob & extractor
Step onto the Housing Ladder with Shared Ownership
Two Private Car Parking Spaces
Second WC for those busy mornings
Brand new 2 bedroom semi-detached house in the Saffron Fields development. The price advertised represents purchasing a 40% share of the home. Full Price 275000
About the Home
This brand new 2 bedroom semi-detached home features a kitchen/dining area with access to the rear garden and a separate living room at the front of the home. The ground floor also features a WC and storage space. To the first floor are two bedrooms and a family bathroom. The property comes with a private rear garden and allocated parking for two cars.
About the Area
This development is situated in the growing community of Red Lodge, East Suffolk. With great commuter links to Bury St Edmunds, Ipswich and Essex. There is a broad selection of local shops and schools nearby from cafes to schools and Doctors surgery. These homes would be ideal for commuters looking to work across a wide area of eastern England and London, as well as people looking to work from home. Those thinking of starting a family have a good range of schools, especially in the early years, with high schools in the nearby towns of Newmarket and Mildenhall. The development is on the edge of picturesque countryside with numerous footpaths, plentiful woodlands and field walks.
Shared Ownership Disclaimer
Shared Ownership is a great way to get onto the property ladder when you can?t afford to buy a home on the open market. Depending on what you can afford, this scheme allows you to buy a share of a new home and pay a reduced rent on the remaining share. You can purchase a share of a property, typically between 25% and 75%, making it more achievable to get on the property ladder. To do this you'll only need to secure a mortgage for your share of the property, reducing the upfront costs and monthly payments. Once you?ve bought your Shared Ownership home you can choose to increase you share of the property and potentially own it outright.
Kitchen / Dining Room - 4.50m ( 14'10'') x 3.89m ( 12'10'')
Living Room - 3.35m ( 11'0'') x 4.99m ( 16'5'')
Bedroom 1 - 4.50m ( 14'10'') x 3.12m ( 10'3'')
Bedroom 2 - 4.50m ( 14'10'') x 3.51m ( 11'7'')
Bathroom
Downstairs WC