2 bedroom apartment for sale
Bruff Road, IP2 8GW
Share percentage 25%, full price £120,000, £1,500 Min Deposit.
Share percentage 25%, full price £120,000, £1,500 Min Deposit
Monthly Cost: £481
Rent £223,
Service charge £91,
Mortgage £167*
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 25% share of this property through Shared Ownership. Ideally located a short distance 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 entrance door at street level, property located on 1st floor.
Hallway – Welcoming hallway with doors leading to open plan lounge/kitchen/dining area. Bedrooms x 2. Bathroom. Storage cupboards x 2
Open plan lounge/dining area (4.20m x 3.60m) – Well-presented lounge/dining area. Phone and aerial points. Carpeted.
Kitchen (2.78m x 2.21m) – Fitted with a range of modern base and wall units. White tiled splashback. Integrated electric oven and gas hob with stainless steel extractor hood. Space for fridge/freezer and washing machine. Stainless steel kitchen sink with mixer taps. Vinyl flooring.
Bedroom 1 (4.87m x 3.05m) – Double bedroom. Carpeted.
Bedroom 2 (3.52m x 2.21m) – Single bedroom. Carpeted.
Bathroom (2.21m x 2.07m) - Bathroom with over bath mixer shower, wash hand basin and toilet. Extractor fan. Vinyl flooring.
Gas heating and UPVC windows throughout.
External – One allocated parking space. Access to communal bike shed and bin storage.
Please note the rent and service charges are reviewed annually in April.
Applications are on a first come first serve basis.
Key Features
25% Shared Ownership
One allocated car parking space
Short drive to train station
Close to local primary and secondary schools
Close to town centre
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: A
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 - Allocated
Outside Space/Garden: No
Year property was built: 2009
Unit size: 55 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 25%, full price £120,000, £1,500 Min Deposit. Calculated using a representative rate of 5.03%
