Description
A fantastic opportunity to get your foot on the property ladder with this great studio apartment in the heart of the City centre with 60% shared ownership and no rent to pay on the remaining 40%!
SHARED OWNERSHIP 'Shared Ownership' is a Government funded scheme aimed at helping first-time buyers get on to the property ladder.
ELIGIBILITY CRITERIA IN BRIEF
• Must not already own another home (if they do they must have a buyer for it)
• Annual household earnings must not exceed £80,000
• Savings must not exceed £20,000 once they have purchased
• Must be able to afford to buy/obtain a mortgage
LEASEHOLD INFORMATION Leasehold: 250 years (less 20 days) from 2 December 2005
Ground rent £250 per year
Service charge £938 per year
You are advised to seek clarification on these charges with a solicitor once a sale is agreed.
HALLWAY 7' 3" x 6' 10" (2.21m x 2.10m) Entrance hallway with video entry phone, electric panel heater and ceiling mounted smoke detector.
STORAGE Storage cupboard housing the hot water tank and washing machine.
SHOWER ROOM 7' 6" x 3' 7" (2.29m x 1.11m) Part tiled shower room with low flush W.C., hand basin and shower unit. Heated towel rail, shaver point and extractor fan.
OPEN PLAN 12' 5" x 11' 11" (3.80m x 3.64m) The open plan living space has laminte flooring, two double glazed windows, electric panel heater, TV and Phone points.
Bedroom area with fitted wardrobe with mirror sliding doors.
KITCHEN AREA 4 Ring electric hob with extractor over, integrated fridge with freezer compartment and stainless steel sink with mixer tap.