1 bed Flat For Sale £118,000
Bright, modern, and spacious one-bedroom apartment is available through Shared Ownership. This second-floor apartment with lift access comprises an entrance hall with storage cupboards, an open-plan kitchen and reception room, one large bedroom, bathroom with WC. The property also benefits from a private balcony with great views accessed via the reception room and an allocated off-street parking space.
Minimum income required: £44,992
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £118,000 for 40% share based on the marketing figure of £295,000.
Monthly rent - £427.81
Monthly Service Charge - £205.17
Total Monthly Charge - £632.98 plus mortgage required for 40% share.
An annual rent increase takes place every April
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Other information
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Minimum income required: £44,992
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £118,000 for 40% share based on the marketing figure of £295,000.
Monthly rent - £427.81
Monthly Service Charge - £205.17
Total Monthly Charge - £632.98 plus mortgage required for 40% share.
An annual rent increase takes place every April
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Other information
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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