2 bedroom apartment for sale
Compair Crescent, IP2 0EJ
Share percentage 30%, full price £120,000, £1,800 Min Deposit.
Share percentage 30%, full price £120,000, £1,800 Min Deposit
Monthly Cost: £465
Rent £142,
Service charge £122,
Mortgage £201*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Two bedroom first floor flat
Description
We are delighted to be offering the opportunity to purchase a 30% share of this property through Shared Ownership. Ideally located a short walk from Ipswich Train Station and close to local amenities. This is a well presented two-bedroom first floor flat in a three-storey block comprising of:
Entrance-communal key entry entrance door at street level with intercom system, property located on 1st floor.
Hallway – Welcoming hallway with doors leading to open plan lounge/kitchen/dining area. Bedrooms x 2. Bathroom. Storage cupboards.
Open plan lounge/kitchen/dining area – Well-presented lounge/dining area. Phone and aerial points. Carpeted. Door to Juliet balcony.
Kitchen – Fitted with a range of modern base and wall units. White tiled splashback. Integrated electric oven and electric hob with enclosed extractor hood. Space for fridge/freezer and washing machine. Stainless steel kitchen sink with mixer taps. Vinyl flooring.
Bedroom 1 –Double bedroom. Carpeted.
Bedroom 2 – Single bedroom. Carpeted.
Bathroom - Bathroom with over bath thermostatic shower, wash hand basin with mirror and shaving point. Extractor fan. Airing cupboard. Vinyl flooring.
Gas heating and UPVC windows throughout.
External – Parking permits for two vehicles.
Applications are on a first come first serve basis.
Key Features
NO ONWARD CHAIN
30% Shared Ownership
Parking for two vehicles
Gas central heating
Close to train station
Particulars
Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: B
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 - Permit
Outside Space/Garden: n/a
Year property was built: 2010
Unit size: 56 square metres
Accessible measures: Enquire with provider
Listed property: No
Heating: Gas
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 30%, full price £120,000, £1,800 Min Deposit. Calculated using a representative rate of 5.03%
