2 bedroom apartment for sale
**OVER 55's ** 221 Briar Croft, CV37 6PH
Share percentage 25%, full price £250,000, £3,125 Min Deposit.
Share percentage 25%, full price £250,000, £3,125 Min Deposit.
Monthly Cost: £1,576
Rent £698,
Service charge £530,
Mortgage £348*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
**OVER 55's** The apartment is located on the second floor of a three storey apartment complex
Description
Accommodation
Second Floor: Entrance, Living Room, Kitchen, Two Bedrooms, and a Wet Room/WC. This apartment is set in the west end overlooking the communal gardens and Hathaway Court.
External: Communal landscaped gardens, with lawned areas. Paved patio areas at the front of the restaurant/café and to the rear of the communal lounge, and a drying area with washing lines.
Parking is on site, however no allocated spaces.
Location
This property is positioned on the west edge of the town centre, just off the A422 Alcester Road. Stratford upon Avon is a historic market town, offering a range of retail and leisure amenities. It has local primary and secondary schools, together with dentist and doctors’ surgeries. The close M40 motorway provides transport links throughout the region, and the railway link has services to Birmingham and London.
Key Features
Purchase Information
For Sale is a 25% share of the property for £62,500.00 with an additional monthly charge of £1228.33 which includes Rent, Service Charge, Over 55s charges - Water Rates, Heating Charge, Activity & Care Charges.
Additional Information
Briar Croft is an Extra Care retirement facility with a range of on-site facilities including lounge, restaurant, hair salon, fitness room and guest facilities.
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: D
Map
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 25%, full price £250,000, £3,125 Min Deposit. Calculated using a representative rate of 5.03%
