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2 bedroom apartment for sale

Available

Cedar House, Orchid Way, TQ2 8GW

£76,500 · Shared Ownership Resale

Share percentage 45%, full price £170,000, £3,825 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Balcony
Parking
£76,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 45%, full price £170,000, £3,825 Min Deposit

Monthly Cost: £761
Rent £190, Service charge £155, Mortgage £416*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
  • You live or work in Torquay - Torbay
Summary

Spacious 2-Bedroom apartment with private garage & dual balconies

Description

Spacious 2-Bedroom apartment with private garage & dual balconies

Situated on the middle floor of Cedar House, Orchid Way (TQ2 8GW), this bright and spacious apartment offers peaceful views over The Willows from two private balconies. Inside, you'll find an open-plan lounge/kitchen, two double bedrooms including a master with en-suite, and a family bathroom with bath.

Recently fitted new carpets, a walk-in coat room, and extensive storage throughout add comfort and practicality. The property also benefits from a secure underground garage with private allocated parking. A rare freehold apartment in a calm yet convenient Torquay location.

A local Connection to Torbay is required.

Key Features

Extremely Spacious Apartment with multiple cupboards, wardrobe and walk in coat room.

En-suite bathroom to Master Bedroom

Locked Underground Private Parking space, only accessible to residents with key fob.

2 Balconies on either side of the Apartment.

Calm and Peaceful Surroundings.

Particulars

Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: B

Property Downloads
Energy Certificate
Map
Torre (1.22 miles) Torquay (2.01 miles) Newton Abbot (3.66 miles)
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: Yes - Private Balcony

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.

£76,500
Shared Ownership Resale
Estimated Monthly Cost:£761
Rent £190
Service Charge £155
Mortgage £416

Share percentage 45%, full price £170,000, £3,825 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.