Standout Features
- Shared Ownership - 50% Asking price £67,500
- 100% ownership Asking price £135,000
- Chain free sale
- EWS1 compliant
- 10th Floor apartment
- Communal garden views
- Council tax band B
- EPC Rating C
- Residents’ gym
- Caretaker on site
Property Description
Offered chain free, this spacious top-floor one-bedroom apartment enjoys a bright open-plan living space, a good-sized double bedroom and impressive views across the landscaped communal gardens. The property is available to purchase as a 50% shared ownership share or at 100% ownership, and residents also benefit from an on-site gym and caretaker.
SAXTON Gated development with fob entry system, mail room, caretaker office and residents gym (fees apply)
Large landscaped garden to the rear and allotments available for residents to rent (subject to availability)
The development has visitor pay and display car parking.
HALLWAY 3' 1" x 9' 3" (0.96m x 2.84m) The entrance hallway features wooden flooring, recessed spotlights and provides access to all rooms.
LIVING AREA 19' 9" x 13' 6" (6.02m x 4.12m) The spacious living room features wooden flooring, two electric heaters and floor to ceiling windows which frame the lovely elevated views across the communal gardens and surrounding area.
KITCHEN (Open Plan) The kitchen offers plenty of storage and is fitted with an integrated electric oven, electric hob and fridge with freezer compartment. The storage cupboard to the side houses the hot water cylinder and provides plumbing for a washing machine.
BEDROOM 14' 2" x 10' 1" (4.34m x 3.09m) The generous double bedroom is carpeted and features an electric heater and a Juliet balcony, enjoying the same far-reaching views across the communal gardens and surrounding area.
BATHROOM 8' 4" x 5' 7" (2.55m x 1.71m) The modern bathroom is fitted with a white suite comprising a bath with shower over, wall-mounted wash basin and WC, complemented by tiled flooring, a heated towel rail, a large wall mirror and a useful mirrored storage cupboard.
SHARED OWNERSHIP INFORMATION The property is currently on a 50% shared ownership scheme. Purchasers have the option to buy at 100% or the current 50% share.
50% Share price £67,500
100% ownership price £135,000
The 50% shared ownership has a monthly rental which applies. The current monthly rental is £116.73. Full responsibility for the service charge.
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.
LEASEHOLD INFORMATION
Lease term: 150 years (less 11 days) from 19th October 2009
Ground rent £105 per annum (currently subsidised by housing association) on 100% ownership the Ground rent will be £205 pa
Service charge :£2,305 per annum
SAXTON Gated development with fob entry system, mail room, caretaker office and residents gym (fees apply)
Large landscaped garden to the rear and allotments available for residents to rent (subject to availability)
The development has visitor pay and display car parking.
HALLWAY 3' 1" x 9' 3" (0.96m x 2.84m) The entrance hallway features wooden flooring, recessed spotlights and provides access to all rooms.
LIVING AREA 19' 9" x 13' 6" (6.02m x 4.12m) The spacious living room features wooden flooring, two electric heaters and floor to ceiling windows which frame the lovely elevated views across the communal gardens and surrounding area.
KITCHEN (Open Plan) The kitchen offers plenty of storage and is fitted with an integrated electric oven, electric hob and fridge with freezer compartment. The storage cupboard to the side houses the hot water cylinder and provides plumbing for a washing machine.
BEDROOM 14' 2" x 10' 1" (4.34m x 3.09m) The generous double bedroom is carpeted and features an electric heater and a Juliet balcony, enjoying the same far-reaching views across the communal gardens and surrounding area.
BATHROOM 8' 4" x 5' 7" (2.55m x 1.71m) The modern bathroom is fitted with a white suite comprising a bath with shower over, wall-mounted wash basin and WC, complemented by tiled flooring, a heated towel rail, a large wall mirror and a useful mirrored storage cupboard.
SHARED OWNERSHIP INFORMATION The property is currently on a 50% shared ownership scheme. Purchasers have the option to buy at 100% or the current 50% share.
50% Share price £67,500
100% ownership price £135,000
The 50% shared ownership has a monthly rental which applies. The current monthly rental is £116.73. Full responsibility for the service charge.
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.
LEASEHOLD INFORMATION
Lease term: 150 years (less 11 days) from 19th October 2009
Ground rent £105 per annum (currently subsidised by housing association) on 100% ownership the Ground rent will be £205 pa
Service charge :£2,305 per annum
Additional Information
Tenure:
Leasehold
Ground Rent:
£105 per year
Service Charge:
£2,305 per year
Council Tax Band:
B
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Saxton, The Avenue
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