2 bedroom apartment for sale

Available

Hobbs Way, Off Hempsted Lane, GL2 5JD

£71,550 · Shared Ownership New Build

Share percentage 30%, full price £238,500, £3,578 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£71,550 Shared Ownership New Build · Eligibility Eligibility

Share percentage 30%, full price £238,500, £3,578 Min Deposit.

Monthly Cost: £887
Rent £383, Service charge £147, Mortgage £357*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility

Must register with Help to Buy South and Guinness Homes

Summary

2 bedroom apartment with parking

Description

Plot 215 is a light and spacious two bedroom flat with an en-suite to the master, a Juliet balcony in the lounge and tall bedroom windows to take in the view. This home further benefits from a separate bathroom with a bath and utility/storage space by the front door.

Key Features

Gloucester's dockside has undergone a dramatic transformation. The beautiful Victorian architecture remains, which is now joined by modern counterparts. Where ships once discharged cargo, smart narrow boats, cruisers and yachts drift by. What had become a forgotten area but is now the place to go-the place to put down roots and live a glorious life by the water.

Not only are the Quays a great place to live, with good transport connections to Cheltenham, Bristol or even Birmingham, Gloucester itself and the wider area have so much to offer. From a tantalising mix of shops to popular festivals, renowned museums and endless entertainment. And for those who love the outdoors, it's nestled in the lush Severn Valley, overlooked by the picturesque Cotswold Hills.

  • 2 bedroom ground floor apartment
  • Juliet balcony
  • En suite to master bedroom
  • Hob, oven and extractor hood included
  • 1 allocated car parking space
  • Washing machine included
  • Carpet and flooring provided
  • Open plan kitchen/dining room
  • Modern efficient heating system
  • uPVC double glazing
  • Local shops and amenities


Other information

  • Full purchase price: £238,500
  • 40% share: £95,400
  • Monthly rent based on a 40% share: £327.94
  • Service charge: £147.19
  • Tenure: Leasehold
  • Lease term: 250 years
  • Anticipated move in date: Summer 2022
  • Council Tax: TBC

Shares available from 30% dependent on affordability assessments.

Lounge/dining 3.51m (max) x 3.73m (max)

Kitchen 3.37m (max) x 3.73m (max)

Bedroom 1 3.51m (max) x 365m (max)

Bedroom 2 3.42m (max) x 3.82m (max)

Kitchen:

Oven, integrated hood and splashback - all in brushed steel by Zanussi
Glass halogen hob
1.5-bowl sink with drainer
Vado Matrix mono mixer tap

Bathroom / Shower room:

White steel Eurowa bath with gloss white panel and plinth
Thermostatic bath/shower mixer tap
Tiled splashback to basin
Shower enclosure from the Roman Embrace range with clear glass
Exposed thermostatic shower mixer
Fully tiled shower enclosure or half-height tiling around the bath
Shaver socket in main bathroom

General

Audio entry system
White PVC windows with white ironmongery
Mains-operated smoke, heat and carbon monoxide detectors
Automatic fire sprinkler system
TV/FM socket in living area
White gloss woodwork
Brilliant white emulsion walls and ceilings

Photos are of the Show Home in Block 11, which is a two-bedroom ground water-facing apartment (The Wye). However, take our virtual tour to see Plot 187!

Property Downloads
Floor Plan Brochure Energy Certificate
Map
Gloucester (1.03 miles) Cheltenham Spa (7.29 miles) Stonehouse (7.72 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.

£71,550
Shared Ownership New Build
Estimated Monthly Cost:£887
Rent £383
Service Charge £147
Mortgage £357

Share percentage 30%, full price £238,500, £3,578 Min Deposit. Calculated using a representative rate of 3.94%


The Guinness Partnership
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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.