1 bed Flat For Sale £104,000
*65% PURCHASE PRICE*
A 1 bedroom second floor apartment offered for sale with no forward chain. The property comprises: Communal hallway, entrance door, hallway with storage cupboard and utility cupboard housing washing machine and water tank, open plan lounge with modern kitchen, double bedroom with wardrobe and modern white bathroom. Outside: Permit parking.
There is an option to purchase this property 100% @ £160,000.
* 65% PURCHASE
* 1 BEDROOM APARTMENT
* OPTION TO BUY AT 100%
* PERMIT PARKING
* SASH DOUBLE GLAZED WINDOWS
* CLOSE TO BARS
* CLOSE TO THE WATERFRONT
* NEAR TOWN CENTRE
* IDEAL FIRST TIME BUY
* 245 YEARS ON THE LEASE
* £135,17 MONTHLY RENT
* £125,41 SERVICE CHARGE
* NEW BUILD
* MODERN
* OPEN PLAN LIVING
* COUNCIL TAX BAND
* EPC BAND B
* BUYERS PLEASE NOTE THE BELOW*
Buyers must be assessed by Guinness to ensure that they meet the eligibility and affordability requirements for shared ownership. The buyer will have to submit an application form to purchase the property. We will not be able to instruct the sale before we have received the above information and confirmed that the buyer if eligible for shared ownership.
To qualify for a shared ownership property the buyers must:
Be at least 18 years old
Have an cumulative annual household of less than £80,000
Be first time buyers or if they do already own a home, they must be in the
process of selling it
Be able to demonstrate that they have a good credit history (no bad debts or
County Court Judgements) and can afford the regular payments and costs
involved in buying a home
Satisfy the affordability assessment carried out by an approved Mortgage
Broker, using no more than 45% of their net monthly income (minus
commitments) on their housing costs.
In order to assess and application they will require the following documents from each
applicant, if buying jointly:
Photo page of passport (and visas if applicable)
Payslips covering the last three consecutive months and latest P60 for
employed applicants or the last three years of audited accounts and SA302
forms with accompanying Tax Year Overview from the HMRC for self
employed applicants
Itemised bank statement covering the last three consecutive months. This
should show salary and rental payments and any direct debits appropriately
annotated.
Proof of savings or a gift letter accompanied by evidence of available funds
that must be sufficient to cover buying costs and a mortgage deposit
Current loan and credit card statements covering the last three consecutive
months
Two items of proof of your residential address for example a utility bill or council
tax bill. Mobile phone bills are not an acceptable form of proof of address.
’Sales Disclaimer’’
‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’
Agent Notes- Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £75 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
