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    Ammonite Drive, Needham Market

    £84,000Leasehold

    111
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    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ389 /mo.25 Years, 3.75% Interest
    Loan
    ÂŁ75,600
    Total Repay
    ÂŁ116,605

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ0
    0% up to ÂŁ84,000
    Your effective stamp duty rate is 0%

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    Ammonite Drive, Needham Market

    £84,000

    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:Not available
    Ground rent:Not available
    Time remaining on lease:90 years
    Council tax band:Not available
    Broadband:up to 5000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2Three

    Key Features

    40% shared ownership
    One-bedroom property
    Ideal for first-time buyers
    Low-maintenance home
    Convenient access to local shops and amenities
    Excellent opportunity to get onto the property ladder
    40% Shared Ownership Minimum Share
    Off Road Parking for 2 Cars
    Local connection to Mid Suffolk required

    Description

    An excellent opportunity to purchase a 40% share of this one-bedroom property on Ammonite Drive, Needham Market, through the shared ownership scheme. Ideal for first-time buyers, this home offers a fantastic opportunity to step onto the property ladder. The accommodation provides a comfortable living space, a fitted kitchen, a bedroom and a bathroom, making it an ideal choice for individuals or couples seeking a low-maintenance home. Early viewing is highly recommended.

    Situated on Ammonite Drive in Needham Market, this one-bedroom shared ownership property presents an excellent opportunity for first-time buyers looking to take their first step onto the property ladder. Offering comfortable and practical accommodation, the property features a welcoming living area, a well-appointed kitchen, a spacious double bedroom and a modern bathroom, making it an ideal home for individuals or couples seeking a manageable and affordable living space.

    Located within easy reach of Needham Market's local amenities, the property benefits from access to a range of shops, cafés and everyday conveniences. The town also offers transport links to surrounding areas, making it a convenient location for commuters and those looking to enjoy village-style living with nearby amenities.

    The shared ownership scheme offers an alternative route to homeownership, allowing eligible purchasers to buy a share of the property and pay rent on the remaining share, subject to the terms of the scheme. This is a fantastic opportunity for those looking to enjoy the benefits of homeownership while taking a more affordable first step into the property market.

    To the rear, the property benefits from a private garden, mainly laid to lawn and enclosed by timber fencing, providing an ideal space for relaxing or enjoying outdoor dining. A garden shed offers additional storage, while convenient side access leads to the front of the property. Further benefits include off-road parking for two vehicles.

    AGENTS NOTE
    Full market value - ÂŁ210,000
    40% ownership - ÂŁ84,000
    60% rent - ÂŁ356.66
    Service charge - ÂŁ33.98
    Local connection to Mid Suffolk required
    OPPORTUNITY TO INCREASE YOUR OWNERSHIP OVER TIME TO 80%. CALL FOR MORE INFORMATION.

    KITCHEN 2.90m x 2.10m

    KITCHEN 2.90m x 2.10m

    LOUNGE 4.50m x 3.30m

    BEDROOM 1 3.40m x 4.10m

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