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2 bedroom apartment for sale

Available

Marina Gardens, 49 Martingale Way, BS20 7SW

£156,750 · Shared Ownership Resale

Share percentage 55%, full price £285,000, £7,838 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£156,750 Shared Ownership Resale

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

Location

The 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 rating

Energy rating band - B

Environmental rating band - B

Lease information

Years 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 Plan
Map
Avonmouth (2.88 miles) St Andrews Road (Bristol) (3.41 miles) Shirehampton (3.58 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£156,750
Shared Ownership Resale
Estimated Monthly Cost:£1,333
Rent £284
Service Charge £197
Mortgage £852

Share percentage 55%, full price £285,000, £7,838 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.