2 bedroom apartment for sale
21 Lock Mill House, Novers Hill, BS3 5DP
Share percentage 40%, full price £250,000, £10,000 Min Deposit.
Share percentage 40%, full price £250,000, £10,000 Min Deposit.
Monthly Cost: £942
Rent £407,
Service charge £30,
Mortgage £505*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
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
2 - bedroom apartment in Bristol available for shared ownership.
Description
A fantastic opportunity to own 40% of this spacious 2 bedroom first floor flat positioned between the popular areas of Knowle West and Bedminster. The location offers easy access to the A38 and A4174 ring road. Parson Street station is less than half a mile from the property. The flat is therefore positioned well with easy access to Bristol and the surrounding areas.
The flat was built in 2021 and is generally well maintained with modern fixtures and fittings. It also comes with an allocated parking space.
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: Not specified
Map
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
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 £250,000, £10,000 Min Deposit. Calculated using a representative rate of 4.59%
