Russet Close, Wellington

3 bedroom house

£96,000

Based on buying a 40% share

Wellington, TA21 9BJ

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  • 3
  • 1
  • 2

Features

  • A Local Connection to Wellington/Somerset and Taunton Council is required
  • Modern fitted kitchen with built in oven, hob and extractor
  • Private garden
  • Upstairs bathroom and downstairs WC
  • Driveway with parking for 2 vehicles and on street parking
  • Close to town and transport links
  • Good choice of local schools
  • Brand new boiler fitted January 2024

Extra information

Description

Entrance leads into hallway with downstairs WC, large kitchen/diner with room for a 6 seater table and chairs & living room with door into back garden. 

Upstairs leads to hallway with 2 double bedrooms and one single bedroom with built in wardrobe over stairs. Upstairs bathroom with bath, electric shower and sink. Airing cupboard with hanging rail to dry clothes with built in heater. Every window is double glazed and radiators throughout.

Garden is fully enclosed with a side gate to private driveway with space for 2 cars.


Monthly cost of ownership

  • Estimated mortgage payment £517.82
  • Service charge £27.02
  • Estimated monthly rent £383.99
  • Estimated monthly total £928.83

If these figures are blank, the costs may not yet be known. This calculator starts by calculating a 95% mortgage value - based on a 5% deposit requirement, and with a mortgage interest rate of 5.5% over 30 years. Your IFA will talk to you about how interest rates can be fixed, often for two years at a time. The figures and information provided by this tool are for illustration purposes only. Rent and services charges are subject to change and should be confirmed by the sales consultant. Your home may be repossessed if you do not keep up repayments on your mortgage.

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Find out how Shared Ownership works

Read our seven simple steps to buying a home with Shared Ownership

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Location


  • A Local Connection to Wellington/Somerset and Taunton Council is required

Maisy's story

It’s natural for a 21-year-old to want to move out of their parents’ house and into their own home, but with rising rents and house prices this can seem like an impossible dream. Shared ownership has enabled recent graduate Maisy Watkins to buy a house at Sovereign Living’s Saxon Gate development in Leonard Stanley, Gloucestershire – moving into her dream home just 42 days after applying.

Maisy enjoying her shared ownership home
“ I’d enquired into full ownership, but as a single graduate I was unable to afford the mortgage payments.

Maisy

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