1 bedroom apartment for sale
42 Alford Rise, Salisbury, SP2 9FH
Share percentage 55%, full price £170,000, £4,675 Min Deposit.
Share percentage 55%, full price £170,000, £4,675 Min Deposit.
Monthly Cost: £853
Rent £192,
Service charge £140,
Mortgage £521*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Welcome to this charming flat located at 42 Alford Rise in the city of Salisbury. With one bedroom, this property offers a comfortable living space ideal for individuals or couples.
Description
ABOUT THE HOME
This spacious one-bedroom second-floor flat is perfect for first-time buyers or couples seeking their own space. The property features a secure communal entrance with a buzzer entry system.
Upon entering, you're welcomed by a roomy entrance hall with neutral carpeting and convenient storage and airing cupboards. The open-plan kitchen/living area is bright and inviting, with the kitchen area defined by stylish laminate flooring. It comes equipped with essential appliances, including a gas hob, electric oven, and space for a fridge/freezer and washer/dryer.
The bathroom boasts a contemporary white and neutral suite, providing a fresh and clean feel. With east and west-facing windows, the flat is bathed in natural light, creating a warm atmosphere throughout. Additionally, there is one allocated parking space outside for your convenience.
OTHER BITS TO NOTE
One allocated parking space.
Council tax banding: B
Remaining term on lease - 119 years
*Please note there is a local connection requirement to Wiltshire
*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
- One-bedroom
- One allocated parking space
- Remaining lease term: 119 years
- 55% share - £93,500
- Second floor flat
- Monthly rent - £191.50
- Standard model shared ownership
- Local connection requirement to Wiltshire
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: B
Property Downloads
Key Information Document 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 55%, full price £170,000, £4,675 Min Deposit. Calculated using a representative rate of 5.03%
