Saturday, 28 April 2012

Aylesbury: snake that gets you on the ladder | Affordable | Property news | Homes & Property

Aylesbury: snake that gets you on the ladder | Affordable | Property news | Homes & Property

Make describes it as a contemporary take on the classic Victorian terrace. It is also affordable, with shared-ownership prices of £41,000 and deposit requirements as low as £2,050.

Bedroom
From £41,000 (shared ownership): the Serpentine, which consists of 94 homes, is described as a twisting contemporary take on the classic Victorian terrace
The scheme is being built in Aylesbury, the county town of Buckinghamshire, and is within easy reach of the town's facilities as well as the open spaces of the Chiltern Hills.

There are 30 homes available for shared ownership, out of a total of 94 homes. Prices start at £41,000 for a 40 per cent share of a shared-ownership one-bedroom flat, with a total value of £102,500, which falls inside the stamp duty ceiling of £125,000.

The two-bedroom flats start from £49,000 for a 40 per cent share of a property priced at £122,000, meaning a £2,450 deposit is required (based on a 95 per cent mortgage), while two-bedroom houses are £70,000 for a 40 per cent share (deposit: £3,500). There are also three-bedroom houses priced at £78,000 for a 40 per cent share (deposit: £3,900).

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