Studio flat for sale

A modern third floor studio flat forming part of a popular development ideally situated within walking distance of Chester City Centre, the Shropshire Union Canal, a Waitrose supermarket, and the Chester Railway Station. The property is part of 'Discount For Sale Scheme' with Cheshire West and Chester Council and is designed for eligible prospective buyers to own 100% of the property at 70% of the market value. Although there is discount on the sale price, the purchaser still owns 100% of the property and no additional rent is payable. The accommodation briefly comprises: entrance hall, open-plan kitchen, living & bedroom area and a spacious bathroom The property benefits from double glazing, a telephone intercom entry system and has gas fired central heating. The property also has the advantage of a residents' parking scheme, which is in operation in the area.

Affordable Housing Scheme - The property is part of 'Discount For Sale Scheme' with Cheshire West and Chester Council. The scheme is designed for eligible prospective buyers to own 100% of the property at 70% of the market value. Although there is discount on the sale price, the purchaser still owns 100% of the property and no additional rent is payable. In addition the property can also only be sold to purchasers who meet the eligibility criteria. These criteria are designed to assist households who cannot afford to purchase a market home onto the property ladder and who’s current accommodation is unsuitable, they also give people with a local connection first opportunity to buy. The property should not be marketed to investors who intend to let out the property.

Interested parties please go to the Council’s Affordable Housing Webpages:
* Leasehold - 999 years from January 2002.
* Service Charge - We are advised that the current service charge is £1,619 per annum which includes water (2022).