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1 bedroom apartment for sale

Available

61 Oldridge Road, Chickerell, DT3 4FN

£72,000 · Shared Ownership Resale

Share percentage 45%, full price £160,000, £3,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
£72,000 Shared Ownership Resale

Share percentage 45%, full price £160,000, £3,600 Min Deposit

Monthly Cost: £707
Rent £233, Service charge £73, Mortgage £401*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

This charming ground-floor home features a cosy hallway with storage, a spacious double bedroom with a fitted wardrobe, a bright bathroom with a shower, and an open-plan kitchen/living.

Description

About the home

Stepping through the front door of this charming ground-floor home, you're welcomed by a cosy, carpeted L-shaped hallway. There's a handy storage cupboard here, perfect for stashing away shoes and coats.

As you walk down the hallway, you'll find a spacious bedroom with the same dark grey carpet. This large double room comes with a fitted wardrobe, giving you plenty of storage space.

Next up is the bathroom, a bright space filled with natural light from the window. It's neutrally decorated with white partially tiled walls, laminate flooring, and a white bathroom suite, including a shower over the bath and a shower screen.

At the end of the hallway, you'll enter the open-plan kitchen, living, and dining area. This inviting space has laminate flooring and is set up with telephone, TV aerial, and Sky/cable points. The kitchen is fitted with a range of wall and base units, an electric oven, hob, and extractor fan. There's also space for your fridge/freezer and washer/dryer.

Other bits to note

Kitchen: 2.6m x 2.9m
Living/dining room: 4m x 2.9m
Bathroom: 1.9m x 2.1m
Bedroom one: 3.3m x 3m

1 Allocated parking space
Council tax banding - TBC
Remaining term on lease - 121 years

Please note that a local connection is required to Weymouth & Portland to apply for this home.

*While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • Standard Model Shared Ownership
  • 45% share: £72,000
  • Monthly rent: £233.04
  • Ground floor apartment
  • 1-bedroom
  • 1 Allocated parking space
  • Neutral décor throughout
  • Remaining lease term: 121 years
  • Local connection to Weymouth & Portland required.
Particulars

Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Energy Certificate
Map
Weymouth (1.80 miles) Upwey (2.20 miles) Dorchester South (6.50 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£72,000
Shared Ownership Resale
Estimated Monthly Cost:£707
Rent £233
Service Charge £73
Mortgage £401

Share percentage 45%, full price £160,000, £3,600 Min Deposit. Calculated using a representative rate of 5.03%


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.