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£47,500
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
A well-presented, two-bedroom flat on the top (second) floor of an attractive building in Bury St Edmunds. The property has a dual-aspect reception room with open-plan kitchen area featuring integrated appliances and breakfast bar. The bedrooms are generously-sized doubles and there is a naturally-lit bathroom. A storage/utility cupboard has been provided in the entrance hallway and well insulated walls and floor, double glazed windows and gas central heating all contribute toward a good energy-efficiency rating. The flat comes with the use of an allocated parking space and is also just a short walk from Bury Railway Station and within easy reach of the shops and other amenities of the town centre. The nearby primary school and secondary school are Ofsted-rated 'Good' and Abbeygate Sixth Form College, which is only slightly further away, is rated 'Outstanding'.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £190,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/s3s6mb9t]
(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 (125 years 30 days from 01/01/2005).
Minimum Share: 25% (£47,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £460.93 per month (subject to annual review).
Service Charge: £129.70 per month (subject to annual review).
Guideline Minimum Income: Dual - £25,200 | Single - £28,300 (based on minimum share and 10% deposit).
Council Tax: Band B, West Suffolk 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).
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