Share percentage 30%, full price £345,000, £5,175 Min Deposit
Monthly Cost: £1,255
Rent £553,
Service charge £125,
Mortgage £577*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Contemporary one bedroom apartment available with Shared Ownership
Description
This beautiful home is ready to view - OPEN DAY - Saturday 8th March
Don't miss out and book your slot today!
This luxurious apartment has two private terraces with stunning views over the harbour and Ashton Court.
Pricing and Information
- Full purchase price: £345,000
- 30% share price: £103,500
- Monthly rent based on 30% share: £553.44
- Monthly service charge: £ 124.83
- Minimum share initially available: 30%
- Maximum share initially available: 75%
- Staircasing to 100% allowable
- Tenure: Leasehold
- Years remaining on lease: 990 years
- Council tax band: TBC new build
- Available for Reservation
Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.
*images are of our Show Home plot B.02.09
*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.
Key Features
- One bedroom apartment
- Stunning contemporary handless kitchen by Symphony
- Beautiful Quartz kitchen worktop by Ceaserstone
- Luxury Amtico LVT flooring to kitchen/dining, living and hallway
- Ceramic tiles to Bathroom
- Carpet to bedrooms
- Beautiful Harbourside location
- Ample storage space
- compartmentalised kitchen
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a - Private Balcony
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 30%, full price £345,000, £5,175 Min Deposit. Calculated using a representative rate of 5.03%