1 bedroom Flat For Sale

A bright and well-presented fourth floor apartment, offered chain free on a 40% shared ownership basis and benefitting from an allocated parking space.

Measuring approximately 50m², the apartment offers a spacious open-plan living area with a modern fitted kitchen, generous lounge space and floor-to-ceiling windows enjoying attractive views over the large landscaped communal gardens. The property is set within a secure gated development, with residents benefiting from an on-site gym, beautifully maintained grounds and a caretaker service.

There is also the option to staircase to 100% ownership, making this an excellent opportunity for buyers looking to get onto the property ladder in a well-maintained development with strong amenities and outdoor space.

SHARED OWNERSHIP OPTIONS The property is currently owned on a 40% share which is offered for sale at £58,000
If purchased at this share level the following rent applies on the remaining 60% share - £248.03 per month

Ground rent £205 pa (reviewed every 10 years by RPI - next due January 2030)
Service charge £2,427.56 pa
Service charge for parking space £87.76 pa
Lease term: 150 years (less 15 days from and including) 19th October 2009

Option to purchase the property at 100% where no rent is payable. Service charge and ground rent as above still applies.

Eligibility criteria for shared ownership with Places for People
In order to buy a home under a Shared Ownership scheme, you need to meet the eligibility requirements, as well as pass the affordability checks.

Who is eligible for Shared Ownership?

You need to have a household income of under £80,000 a year (or £90,000 in London).
You need to not be able to afford a home with a standard deposit and mortgage that meets your needs.
You also usually need to meet one of these requirements:

Be a first-time buyer.
Not currently a homeowner, or cannot afford to buy a home that meets your needs through a standard purchase.
Already a homeowner (this could be through Shared Ownership), who wants to sell their current home.

SAXTON Gated development with fob entry system, mail room, caretaker office, residents gym and additional pay and display visitor parking.

HALLWAY 9' 6" x 2' 11" (2.90m x 0.90m) Wooden flooring throughout, electric wall mounted heater and spot lighting.

LIVING AREA 19' 8" x 15' 2" (6.00m x 4.64m) The Living space has large floor to ceiling windows with two Juliet balconies and fantastic views of the communal grounds. Wooden flooring throughout and electric wall mounted heater.

KITCHEN (Open Plan) The Kitchen has a range of fitted units with integrated appliances which include; electric oven, four ring electric hob and fridge with freezer compartment.

Storage cupboard housing the hot water cylinder and plumbing for a washing machine.

BEDROOM 13' 11" x 9' 8" (4.25m x 2.96m) The spacious double bedroom has floor to ceiling window with Juliet balcony and electric wall mounted heater.

BATHROOM 8' 6" x 5' 7" (2.61m x 1.71m) The bathroom comprises; bath with shower over. hand basin, w.c., recessed cupboard and heated towel rail.

ALLOCATED PARKING The property is sold with one allocated parking space which is situated in the gated grounds. Please note the parking space is on a separate lease to the apartment.