Available

£87,500

Countess Court, Countess Close, L40 7AL
Share 50% / Full price £175,000 / Min deposit £4,375

Apartment
2 bedrooms
1 bathroom

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Summary

This superb modern home is available to buy from as little as £87,500 with a 50% share!

Eligibility

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

Description

This beautifully presented second floor apartment offers modern, low maintenance living with pleasant open views and a bright, spacious interior. The accommodation comprises a welcoming entrance hallway, leading into a generous open plan kitchen and living area with a Juliet balcony benefiting from picturesque views over the countryside. There are two well proportioned bedrooms and a modern family bathroom.

The apartment benefits from uPVC double glazing and allocated parking, together with well kept communal areas and landscaped surroundings.

Countess Court is located in the popular village of Burscough. The village offers a variety of shops, cafes, and restaurants, along with supermarkets and everyday conveniences. Nearby Burscough Wharf provides a charming waterside setting with independent eateries and leisure opportunities, while open countryside and canal side walks are all within easy reach.

Ideally positioned for commuters, with excellent transport links close by. Burscough Bridge and Burscough Junction railway stations provide regular services to Southport, Preston and Liverpool. Road connections are also convenient, with easy access to the A59 and A565, linking to nearby towns including Ormskirk, Southport and Preston. The motorway network is within comfortable driving distance, providing further connectivity for those travelling further afield.

PRICING & AFFORDABILITY

Full Market Value: £175,000

50% Share Price: £87,500 (rent £230.62pcm)
Minimum 5% Mortgage Deposit (50% share): £4,375
Approximate Service Charges: £86.77pcm*
Lease: 122 years remaining

Description

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Key features

Material information

Floor plan
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Sown Shared Ownership
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.
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Monthly cost calculator
£87,500 Shared Ownership Resale Full price £175,000
Estimated monthly cost £793
£

How is this calculated?

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