2 bedroom flat for sale

SUMMARY DESCRIPTION £45,000 = 50% SHARE. 100% CAN BE PURCHASED SUBJECT TO CHECKS AND SUCCESSFUL APPLICATION THROUGH SYHA. PLEASE CONTACT THE OFFICE FOR MORE INFORMATION

EPC TBC

The share purchase price is calculated using the full market value and the percentage share purchased.
If you buy a 50% share, the share purchase price will be £45,000 and the rent will be £122.96 a month.
In addition to the rent above, the monthly payment to the landlord includes:
Service charge £144.31
which includes - Buildings insurance (£12.60), Management fee (£15.00), Reserve fund payment (£6.82)
Total monthly payment excluding rent £144.31

Lease information: 109 years and 5 months left
125 years from 1st April 2009

Tucked away in a quiet cul-de-sac is this spacious and neutrally decorated two bedroom upper floor apartment, offered to the market with no above chain.

The accomodation comprises; entrance hallway with storage cupboard, two spacious bedrooms, kitchen/living/dining area with a wood effect kitchen with built in oven, hob and space for additional appliances and spacious modern bathroom. There is an allocated parking space outside the property also.

You can buy a home through shared ownership if both of the following are true:
• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you're a first-time buyer
• you used to own a home but cannot afford to buy one now
• you're forming a new household - for example, after a relationship breakdown
• you're an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs