£120,000

This bright, modern, well decorated two bedroom apartment is now available in Portishead through Shared Ownership.

The property on the first floor features a entrance hall, with storage cupboards, a spacious living room with an open plan modern kitchen, two bedrooms (one en-suite) and a bathroom.

Outside, there is a private balcony and allocated parking. Perfect for couples and small families.

Available for £120,000 for 40% share based on the marketing figure of £300,000.

Monthly rent - £360.27
Monthly Service Charge - £220.90
Total Monthly Charge - £581.17 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located in a vibrant coastal town, offering residents a variety of local amenities. Local supermarkets are within a short walking distance, making everyday errands easy.

Fitness enthusiasts will appreciate nearby leisure centres and sports clubs. Outdoor lovers can explore Portishead Lake Grounds, Eastwood Nature Reserve, and the scenic coastal path - all within a 15-minute walk.

Several GP surgeries and dental practices are nearby, and the local community hospital is just a short drive away. Families benefit from access to highly rated schools, including Portishead Primary School and Gordano School, both within a 10–15-minute drive.

For those commuting to Central London, the journey takes approximately 2 hours and 30 minutes via train from Bristol Temple Meads to London Paddington.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 987

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.