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£82,000
This superb modern home is available to buy from as little as £82,000 with a 40% share!
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.
** This home can also be purchased outright (100% of the value) which is £205,000 and a purchaser would not need to meet the eligibility criteria listed above.
This well-presented apartment offers a bright and practical layout, ideal for modern living. The property features a spacious living room filled with natural light, creating a welcoming space for both relaxing and entertaining. The adjoining kitchen is thoughtfully arranged with ample work surfaces and storage, providing a functional environment for everyday cooking.
There are two comfortable bedrooms, each offering a peaceful retreat with plenty of space for furnishings and personal touches. The layout allows for flexibility, making the second bedroom ideal as a guest room, home office, or additional living space depending on individual needs.
Completing the accommodation is a contemporary bathroom fitted with a full suite, designed for convenience and comfort. The property benefits from a well-proportioned internal layout that maximises space and flow throughout.
Situated in the popular village of Almondsbury, the home enjoys a convenient position with access to local amenities, green spaces, and excellent transport links into Bristol and surrounding areas.
PRICING & AFFORDABILITY
Full Market Value: £205,000
40% Share Price: £82,000 (rent £223.04 pcm)
Minimum 5% Mortgage Deposit (40% share): £4,100
Approximate Service Charges: £121.81 pcm*
Lease: 81 years (will be extended on completion)
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
