2 bedroom apartment for sale
Allender Court, Riverside Close, RM1 1EF
Share percentage 40%, full price £275,000, £11,000 Min Deposit.
Share percentage 40%, full price £275,000, £11,000 Min Deposit.
Monthly Cost: £1,329
Rent £578,
Service charge £193,
Mortgage £558*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Household income must not exceed £80,000 (outside of London) or £90,000 (in London)
* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)
* No cash buyers
* No pets
* Applicants must be able to afford their purchase and sustain their housing costs
* Applicants are primarily expected to be first-time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners
* Applicants must be unable to purchase a property suitable to meet their needs on the open market
* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis
Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.
Summary
Allender Court, Riverside Close - Two bedroom Shared Ownership with parking
Description
OPEN MARKET VALUE: £275,000.00. 40% @ £110.000.00
This two bedroom shared ownership apartment offers a perfect blend of comfort and affordability. Featuring a spacious layout, contemporary finishes, and an abundance of natural light, it creates a tranquil retreat. With excellent amenities, convenient transport links, and a vibrant community, Allender Court is the ideal first home.
Lease: 108 years remaining
Monthly Rent: £578.00 p.m. Service charge - £192.50 p.m.
Council tax band: C EPC rating: C
Communal Entrance. Giving access to communal stairs. Entrance Door To Hallway Accessed via the ground floor.
New electric radiators, wood effect flooring, storage cupboard housing boiler, plumbing for washing machine and access to:
Lounge
7m X 6.3m
Open plan to kitchen, double glazed full height window, two electric radiators.
Kitchen
7m X 6.3m
matching wall and base level units with work surfaces, insert sink with drainage unit, four ring electric hob and oven with extractor hood above, space for fridge freezer and dishwasher, plumbing for washing.
Bedroom One
3.5m X 2.8m
Double glazed window to front, radiator and integrated wardrobe.
Bedroom Two
2.7m X 3.4m
Double glazed window to front, radiator and fitted wardrobes.
Bathroom
2.3m X 1.8m
Low level WC, wash hand basin with cupboards beneath, panelled bath with shower, heated towel rail, extractor fan, tiled floor and walls.
Key Features
Allocated Parking
Open Plan Living
Fantastic Location
Two Bedrooms
Lovely Apartment
Spacious Interior
Garden area plus access to green space to the front of the property.
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: C
Property Downloads
Brochure BrochureMap
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 40%, full price £275,000, £11,000 Min Deposit. Calculated using a representative rate of 4.64%
