2 bedroom apartment for sale
Available
Bruff Road, IP2 8GW
£28,750 · Shared Ownership Resale

Share percentage 25%, full price £115,000, £1,438 Min Deposit.

Available
2 bedrooms
£28,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £115,000, £1,438 Min Deposit.

Monthly Cost: £372
Rent £181, Service charge £48, Mortgage £143*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility
  • Minimum salaries required are: £14,390 (single), £18,390 (joint) based on a 5% deposit, 5% interest rate and 25 year term
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with the Help to Buy Agent, BPHA - www.helptobuyagent3.org.uk - 03333 214044
  • Applicants should have a live and/or work connection to the Ipswich district
  • Priority will be given to serving military personnel

Information correct as at August 2021

Summary

Fantastic two bed apartment with off-street parking - buy with just a 5% deposit*

Description

A fantastic opportunity to own this immediately available two bedroom first floor apartment, with access to off-street parking, which is available from just £28,750* through shared ownership.

This purpose built property has a spacious lounge/dining room fitted with a large triple window giving the room a light, bright feel.

The kitchen is fitted with light wooden units with contrasting dark work surfaces, stainless steel oven, gas hob, stainless steel extractor fan and has space for a washing machine.

Both bedrooms are bright and airy and provide plenty of flexible living space.

The bathroom is fitted with a white 3 piece suite, integrated shower in the bath and is fully tiled around the bath.

The property is ideally located close to Ipswich town centre with a good range of retail outlets, restaurants and amenities.

For commuters, there is a regular direct train service to London Liverpool Street from Ipswich Train Station and there is easy access to the road network via the B1075, A14 and A12.

Early viewing is highly recommended.

For further information please contact the Resales Team on 0300 456 0615

Key Features
  • Buy with just a 5% deposit*
  • Two bedroom apartment
  • First floor
  • Access to off-street parking
  • Communal gardens
  • Fixtures and fittings to be agreed
  • 112 years remaining on lease
  • Close proximity to Ipswich town centre offering a good range of shops, restaurants and amenities
  • Direct train service to London Liverpool Street from Ipswich Train Station
  • Easy access to the road network via B1075, A14 and A12
  • Current energy efficiency rating: B

*terms and conditions apply

Map
Harold Wood (50.17 miles) Epping (50.56 miles) Upminster (51.14 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£28,750
Shared Ownership Resale
Estimated Monthly Cost:£372
Rent £181
Service Charge £48
Mortgage £143

Share percentage 25%, full price £115,000, £1,438 Min Deposit. Calculated using a representative rate of 3.94%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.