2 bedroom apartment for sale
Newfoundland Way, BS20 7QE
Share percentage 40%, full price £228,000, £4,560 Min Deposit.
Share percentage 40%, full price £228,000, £4,560 Min Deposit
Monthly Cost: £864
Rent £258,
Service charge £98,
Mortgage £508*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Local Connection Requirement to North Somerset Council.
Summary
2 bed apartment located in Portishead
Description
The property is first floor with a large entrance hall which catches the morning sun, leading to a open plan lounge and kitchen area with large floor to ceiling windows which catch the afternoon sun.
The building is located in a quiet back road from the main road and a few minutes from the marina. Portishead High Street is a ten minute flat walk, which has a choice of super markets, shops, coffee shops and pubs.
Local Connection Requirement to North Somerset Council.
Key Features
- Situated within the popular Portishead Marina setting
- Low running costs
- 2011 building
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: C
Property Downloads
Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
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 40%, full price £228,000, £4,560 Min Deposit. Calculated using a representative rate of 5.03%
