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2 bedroom apartment for sale

Available

Flat 1, Wedmore Place, 85 Wingfield Road, BS3 5DJ

£125,000 · Shared Ownership Resale

Share percentage 50%, full price £250,000, £12,500 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£125,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £250,000, £12,500 Min Deposit.

Monthly Cost: £1,012
Rent £330, Service charge £51, Mortgage £631*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Ground floor, 2 bedroom flat available

Description

A fantastic opportunity to own 50% of this spacious two bedroom garden flat in between the popular areas of Bedminster and Knowle. Residents of this area benefit from being within walking distance to Bristol City Centre, Temple Quay and Bristol Temple Meads. The area also benefits from several parks and green spaces, as well as many great primary schools. The flat itself is modern and well-presented throughout, with a kitchen/living space with doors leading to a south-facing garden space. This low maintenance property is ideal to get on the property ladder.

Room Measurements:

Living Room 5.1 x 3.8m (to maximum points)

Kitchen 3.2 x 1.8m

Master Bedroom 3.8 x 3.0m (to maximum points)

Bedroom Two 3.83 x 1.93m (to maximum points)

Bathroom 2.08 x 1.70m

Local Area:

The Wedmore Place development is positioned on the corner of Wedmore Vale and Wingfield Road. The property sits in between large green areas, Victoria Park and the Northern Slopes, meaning there are plenty of areas to get away from the hustle and bustle of city life. The nearby Windmill Hill City Farm also further enhances this. However, from here, you are very well connected to the city. Bristol City Centre is within walking distance to the north and buses are regular. Closer still is Bristol Temple Meads and the industry of Temple Quay, which will be convenient to many. Bedminster, Totterdown and Knowle all provide a good selection of shops and amenities if you didn't want to travel into the city centre. There are also plenty of pubs and cafes to choose from nearby.

What is included?

Within the kitchen there is an integrated oven and hob included within the sale. Other appliances and furniture are not automatically included within the sale but may be available for separate negotiation.

The Figures

This is a shared ownership property so there is a management charge and rent combined fee to pay of around £360 per month.

Note from the seller

'We have loved living in this flat. Having the south facing garden which backs onto Wedmore Vale allotments and the Northern Slopes it sometimes feels like you're not living in the city. There is a real community feel to Wedmore Place development, and we have made really great friends with many of our the neighbours. The flat is well insulated, it's quick and easy to heat in the winter, but stays cool in the summer. The dedicated off-road parking space is a real bonus. The bright, spacious modern living area is really great, as is the practical second bedroom. The large cupboard is also great for storage. You'll love your new home!'

Key Features
  • Ground floor
  • 2 bedroom
  • 1 bathroom
  • Living room and kitchen
Particulars

Tenure: Leasehold
Lease Length: 82 years
Council Tax Band: Not specified

Map
Bedminster (0.56 miles) Parson Street (0.99 miles) Bristol Temple Meads (1.11 miles)
Material Information

Total rooms: 3

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: No

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.

£125,000
Shared Ownership Resale
Estimated Monthly Cost:£1,012
Rent £330
Service Charge £51
Mortgage £631

Share percentage 50%, full price £250,000, £12,500 Min Deposit. Calculated using a representative rate of 4.59%


Elim Housing Association
View properties by this developer
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.