2 bed Flat For Sale £103,000
Shared ownership Two bedroom first floor apartment available to purchase at a 40% share at £108,000 with a deposit of £5,150. Maximum amount available to purchase initially is 75%. Full market value £257,500. A great opportunity to get onto the property ladder and live in this contemporary spacious two bedroom apartment.
The Apartment
This ground floor apartment has a very modern a stylish open plan kitchen/diner/living area which boasts over 400sqft! As you enter the property you will find the open plan to your left hand side which benefits from a balcony off the living room! The contemporary design matt white kitchen comes with Elecrolux electric oven, ceramic hob, chimney hood, black limestone effect laminate worktop and space ready for your fridge/freezer.
The contemporary white Armitage bathroom suite with thermostatic bath/shower mixer over bath with glass shower screen, chrome mixer tap to basin with click clack waste, full height wall tiling to bath area with splashback tiling to basin and chrome heated towel rail.
Each apartment has gas central heating with combination boiler. Wood effect laminate flooring is conveniently laid to the kitchen, grey effect vinyl to the bathroom and wool twist carpet in taupe to hall, loung/dining area and bedrooms. There is one parking space allocated to each apartment directly out the front plus conveniently placed visitor parking nearby for any guests!
Local Area
Springfield Road offers the best of both worlds, with a desirable, well connected location and a leafy, village style setting. Attractive parkland is at the heart of the development, with a large water feature and adjacent play area, a network of waterways, and extensive planting and green space. The four storey apartment buildings are inspired by Victorian warehouse and mill building architecture, combining contemporary and Georgian influences in classic red and buff brick.
Springfield Road is perfectly placed to enjoy everything that bustling Bury St Edmunds has to offer, with the benefit of direct rail connections to London and Cambridge. Positioned almost equidistant between Cambridge and Ipswich, the A14 is conveniently just a few minutes away. If you want a day out at the beach, Bury St Edmunds is just an hour away from the beautiful Suffolk Coast with charming seaside towns to explore. Living at Springfield Road, you'll be within walking distance of the town centre and local amenities, including Bury St Edmunds station, a leisure centre and a local brewery.
Living in Bury St Edmunds, you'll have access to a wide range of shops, pubs, cafes and restaurants on your doorstep. The idyllic local area, including the 14-acre Abbey Gardens, provides an opportunity to enjoy fresh air, abundant countryside and beautiful views.
Financial Breakdown
Full market value: £257,500
40% share value: £103,000
5% deposit: £5,150
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £354.07 per month
What is Shared Ownership?
If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Note: Photos may be representative of a similar property but not be the one which the buyer may be purchasing. Abbotts Bury St Edmunds for more information
The Apartment
This ground floor apartment has a very modern a stylish open plan kitchen/diner/living area which boasts over 400sqft! As you enter the property you will find the open plan to your left hand side which benefits from a balcony off the living room! The contemporary design matt white kitchen comes with Elecrolux electric oven, ceramic hob, chimney hood, black limestone effect laminate worktop and space ready for your fridge/freezer.
The contemporary white Armitage bathroom suite with thermostatic bath/shower mixer over bath with glass shower screen, chrome mixer tap to basin with click clack waste, full height wall tiling to bath area with splashback tiling to basin and chrome heated towel rail.
Each apartment has gas central heating with combination boiler. Wood effect laminate flooring is conveniently laid to the kitchen, grey effect vinyl to the bathroom and wool twist carpet in taupe to hall, loung/dining area and bedrooms. There is one parking space allocated to each apartment directly out the front plus conveniently placed visitor parking nearby for any guests!
Local Area
Springfield Road offers the best of both worlds, with a desirable, well connected location and a leafy, village style setting. Attractive parkland is at the heart of the development, with a large water feature and adjacent play area, a network of waterways, and extensive planting and green space. The four storey apartment buildings are inspired by Victorian warehouse and mill building architecture, combining contemporary and Georgian influences in classic red and buff brick.
Springfield Road is perfectly placed to enjoy everything that bustling Bury St Edmunds has to offer, with the benefit of direct rail connections to London and Cambridge. Positioned almost equidistant between Cambridge and Ipswich, the A14 is conveniently just a few minutes away. If you want a day out at the beach, Bury St Edmunds is just an hour away from the beautiful Suffolk Coast with charming seaside towns to explore. Living at Springfield Road, you'll be within walking distance of the town centre and local amenities, including Bury St Edmunds station, a leisure centre and a local brewery.
Living in Bury St Edmunds, you'll have access to a wide range of shops, pubs, cafes and restaurants on your doorstep. The idyllic local area, including the 14-acre Abbey Gardens, provides an opportunity to enjoy fresh air, abundant countryside and beautiful views.
Financial Breakdown
Full market value: £257,500
40% share value: £103,000
5% deposit: £5,150
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £354.07 per month
What is Shared Ownership?
If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Note: Photos may be representative of a similar property but not be the one which the buyer may be purchasing. Abbotts Bury St Edmunds for more information
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