2 bedroom apartment for sale
12 Long Park, Cranbrook, EX5 7JD
Share percentage 40%, full price £180,000, £7,200 Min Deposit.
Share percentage 40%, full price £180,000, £7,200 Min Deposit.
Monthly Cost: £775
Rent £286,
Service charge £124,
Mortgage £365*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A lovely second floor apartment located in the recently developed town of Cranbrook, Devon.
Description
About the home
As you enter the apartment, you will find a carpeted entrance hall that leads to an open plan kitchen, living, and dining area. The kitchen is equipped with a range of stylish floor and wall units, complemented by a cream worktop. It also has a built-in oven, hob, and extractor fan, along with spaces for a fridge/freezer and a washer dryer. Moving into the living/dining area, you'll notice that it is carpeted and has telephone, TV aerial, and SKY/Cable points. The room is bright and airy, thanks to the Juliette balcony with double French doors that allow natural light to flood the space. Overall, this is a practical and sociable living area.
As you enter the hall, you will find bedroom one on the left. It is a spacious bedroom with carpet flooring, TV aerial, and SKY/Cable points. Adjacent to bedroom one is bedroom two which also has carpet flooring, TV aerial, and SKY/Cable points. On the right side of the property, you will find the bathroom which has laminate flooring. The cream suite comes with a shower and shower screen over the bath, and is complemented by partial cream wall tiling around the bath area and basin.
Other things to note
Measurements
Kitchen:/living/dining room: 6.04m x 3.69m
Bathroom: 2.22m x 2.69m
Bedroom one: 3.40m x 3.69m
Bedroom two: 3.19m x 2.69m
One allocated car parking space.
Council Tax Band - B
Remaining Lease Term - 989 years
*While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.
Key Features
- Standard model shared ownership
- 40% share £72,000
- Monthly rent £285.81
- Second floor apartment
- Open plan living
- Juliette balcony
- Two-bedrooms
- One allocated parking space
- Lovely location
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Map
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 40%, full price £180,000, £7,200 Min Deposit. Calculated using a representative rate of 4.64%
