2 bedroom apartment for sale
Marina Gardens, 49 Martingale Way, BS20 7SW
Share percentage 55%, full price £285,000, £7,838 Min Deposit.
Share percentage 55%, full price £285,000, £7,838 Min Deposit
Monthly Cost: £1,333
Rent £284,
Service charge £197,
Mortgage £852*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Portishead, Somerset
Description
Bright and modern two-bedroom apartment now available in Bristol through Shared Ownership.
The property features an entrance hall, a main bedroom with an en-suite bathroom, a second bedroom, a separate family shower room, a living room with a kitchen area, and a balcony that can be accessed via the living room.
The apartment is on the first floor of a recently constructed building (Circa 2022), and offers residents a parking spot.
Available for £156,750 for 55% share based on the marketing figure of £285,000.
Monthly rent - £284.05
Monthly Service Charge - £196.77
Total Monthly Charge - £480.82 plus mortgage required for 55% share.
An annual rent increase takes place every April
LocationThe property is located in a vibrant coastal town, offering residents a variety of local amenities. Local supermarkets are within a short walking distance, making everyday errands easy.
Fitness enthusiasts will appreciate nearby leisure centres and sports clubs. Outdoor lovers can explore Portishead Lake Grounds, Eastwood Nature Reserve, and the scenic coastal path - all within a 15-minute walk.
Several GP surgeries and dental practices are nearby, and the local community hospital is just a short drive away. Families benefit from access to highly rated schools, including Portishead Primary School and Gordano School, both within a 10–15-minute drive.
For those commuting to Central London, the journey takes approximately 2 hours and 30 minutes via train from Bristol Temple Meads to London Paddington.
EPC ratingEnergy rating band - B
Environmental rating band - B
Lease informationYears remaining on lease: 987
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
- Parking space
- Local amenities nearby
- Available for 55% 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 55%, full price £285,000, £7,838 Min Deposit. Calculated using a representative rate of 4.78%