£107,500
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
This charming and classy apartment comprises of two double bedrooms one of which has an ensuite, open plan living area/kitchen/diner and family bathroom.
The apartment has a light and airy feel throughout, with its modern kitchen/ bathroom and large windows letting in natural light. Both rooms are a great size with plenty of storage and room for furniture.
Bishops Place is conveniently located in the heart of Paignton within walking distance to the Sea Front and Town Centre, with local shops, amenities and public transport to include Paignton train & bus station only a stones throw away.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
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