2 bedroom apartment for sale
Airoh End, West-super-Mare, BS24 8FJ
Share percentage 64%, full price £195,000, £6,240 Min Deposit.
Share percentage 64%, full price £195,000, £6,240 Min Deposit
Monthly Cost: £968
Rent £162,
Service charge £128,
Mortgage £678*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in West-super-Mare, Somerset
Description
Bright and modern apartment now available in West-super-Mare through Shared Ownership.
The property comprises a wide living room with an open-plan fitted kitchen, two bedrooms and a small private balcony. This could be ideal for a couple or a single person.
The residence was built circa 2015, and it has allocated parking space, with a single carport under the coach house, access to a communal bike store area, and an additional car parking space.
Available for £124,800 for 64% share based on the marketing figure of £195,000.
Monthly rent - £161.55
Monthly Service Charge - £127.92
Total Monthly Charge - £289.47 plus mortgage required for 64% share.
An annual rent increase takes place every April
LocationThe property is located in a tranquil residential area with all amenities nearby such as supermarkets, petrol stations, and shops.
The town centre and the beach is only a 10-minute drive, and Bristol can be reached in less than an hour.
Plenty of natural areas in the heartland and along the coast, just a short drive away.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 119
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.
Key Features
- Two-bedroom apartment
- Private balcony
- Modern building (2015)
- Allocated parking
- Available for 64% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 64%, full price £195,000, £6,240 Min Deposit. Calculated using a representative rate of 4.78%
