2 bedroom apartment for sale
Maytrees, 100 Fishponds Road, Eastville, BS5 6SB
Share percentage 50%, full price £180,000, £9,000 Min Deposit.
Share percentage 50%, full price £180,000, £9,000 Min Deposit
Monthly Cost: £710
Rent £208,
Service charge £55,
Mortgage £447*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A two-bedroom flat in the Eastville area of Bristol. The property is on the first floor and features an approximately twenty-two-foot main bedroom with built-in, mirror-fronted wardrobe. The reception/dining room and kitchen are also quite spacious and there is a second, smaller, bedroom, ideal for a young child, occasional guest or use as a home office. Well insulated walls and modern double glazing make for a good energy-efficiency rating. To the rear of the block is a pleasant and well-maintained communal garden. Nearby Eastville Park provides additional outside space to enjoy. Maytrees is just a short walk from Stapleton Road Railway Station and within comfortable cycling distance of the city centre. The flat comes with use of a covered space within the gated car park.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £180,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/mer73s5v]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (new 125 year lease).
Minimum Share: 50% (£90,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £207.58 per month (subject to annual review).
Service Charge: £54.76 per month (subject to annual review).
Guideline Minimum Income: Dual - £23,100 | Single - £25,000 (based on minimum share and 10% deposit).
Council Tax: Band B, Bristol City Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Key Features
- Guideline Minimum Deposit £9,000
- Guide Min Income Dual £23.1k | Single £25k
- First Floor
- Approx. 614 Sqft Gross Internal Area
- Large Main Bedroom with Built-In Wardrobe
- Parking Space
- Communal Garden
- Short Walk from Stapleton Road Station
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: Yes - Communal Garden
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 50%, full price £180,000, £9,000 Min Deposit. Calculated using a representative rate of 4.42%