£58,000

This stylish, bright & spacious two-bedroom flat is now available in Swindon through Shared Ownership.

Located on the first floor and just 4 minutes from Swindon town centre, this conveniently located flat comprises of an expansive living room, a private entrance hall, 2 bedrooms, a kitchen, 1 bathroom and storage cupboards. Allocated parking and communal spaces are also included. The flat is located within a three-story building with a communal entrance lobby.

Minimum income required: £23,363

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 5%.

Available for £58,000 for 40% share based on the marketing figure of £145,000.

Monthly rent - £260.05
Monthly Service Charge - £155.14
Total Monthly Charge - £415.19 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Local amenities include:

The Brunel Shopping Centre (25 minute walk/ 6 minute drive)

A selection of pubs, bars and restaurants (7 minute drive/ 20 minute walk)

Swindon town centre (4 minute drive/ 8 minute cycle)

A convenience store (1 minute walk)

Swindon train station (10 minute drive)

Swindon bus station (9 minute drive)

Designer Outlet Swindon (6 minute drive)

Mannington Recreation Ground (8 minute drive/ 17 minute cycle)

Town Gardens and Town Gardens Cafe (15 minute walk)

Sainsbury's (10 minute drive)

EPC rating - B

Years remaining on lease: 973

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

The advertised lease length is set to be extended through a simultaneous lease extension, which is already in progress and comes at no additional cost to the buyer. The current term of 82 years will be extended to an impressive 973 years.