2 bedroom apartment for sale
Gospel Heights, Radnor Avenue, CH60 7SJ
Share percentage 25%, full price £215,000, £5,375 Min Deposit.
Share percentage 25%, full price £215,000, £5,375 Min Deposit.
Monthly Cost: £742
Rent £370,
Service charge £95,
Mortgage £277*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
The eligibility criteria for shared ownership is simple; as long as you don't currently own, or won't own another property when you move in to a new home, you're likely to qualify. Your annual household income must not exceed £80,000 and you'll need to have savings to cover typical purchasing costs such as solicitors fees and your mortgage deposit.
Local connection tests also apply meaning you must have a strong connection to the area, being your current residence, immediate family, or work.
To find out more please contact Auxesia Homes in-house sales team.
Summary
Ready to move in now - Luxury 2 bed apartment at Gospel Heights, Heswall
Description
**FINAL PLOTS REMAINING**
Auxesia Homes are proud to be offering a total of 5 new build, one and two-bedroom flats. These properties form part of a wider scheme by Forth Homes comprising 23 new homes in total. Each home comes with one parking space and are finished to a high standard.
This apartment is situated on the first floor and has a sophisticated layout throughout. Upon entry to the property there is an entrance hall with a storage cupboard providing amble storage space. To the left there is a door leading to the open plan kitchen living and dining room with French doors to the Juliet Balcony. The kitchen comes complete with integrated appliance's. Heading back into the entrance hall there is a door leading to a the house bathroom with bath over shower, wash basin and w/c. To the left of the bathroom you have the master bedroom with bedroom two next to it to complete this well thought out apartment.
This stunning new development of apartments is in the north of Heswall, west of Pensby Road in a predominantly residential area. Set on the site of a former Gospel Hall, the site will retain the original gates on the eastern portion of the site, with parking on the south west and north west corners of the site.
Our collection of homes at Gospel Hall provides a unique opportunity to purchase a beautiful home at an affordable price for you.
The advertised price of £53,750 represents a 25% share of the property. Rent would therefore be payable on the outstanding 75% share, set at 2.75% per annum. Based on a 25% share, rent would equate to an additional £369.53 per month on top of any required mortgage. You may purchase up to 75% of the total property price upfront.
Key Features
Shared Ownership
2 Bedroom Apartments
Fitted Bathroom
Integrated Appliances
Off-street parking
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: Not specified
Property Downloads
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The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £215,000, £5,375 Min Deposit. Calculated using a representative rate of 4.80%
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