- The Old Brewery - 2 & 3-Bedroom Apartments Available
- Ready to Occupy
- Offered for Sale Using Shared Ownership
- £382,500 Full Market Price
- £133,875 Share Price - based on a 35% share
- Minutes Away from North Street
- Energy Efficient New Build Homes
- Balconies To Selected Homes
- 12 Year Premier Warranty
THE APARTMENT This stylish apartment features a spacious living area with doors opening onto a Juliette balcony, creating a bright and welcoming space to relax or entertain. The contemporary kitchen comes complete with an integrated oven, hob and extractor hood, providing everything you need for modern living. There are two well-proportioned bedrooms, with the principal bedroom benefiting from a private en suite shower room. A sleek main bathroom, finished with a modern white suite, completes this thoughtfully designed home.. THE DEVELOPMENT The Old Brewery is an iconic Bristol site set within the vibrant neighbourhood of Southville providing new homes for the next generation of Bristolians. Southville is a popular location well known for its stunning street art, the famous Tobacco Factory and Ashton Gate Stadium. Benefitting from an array of local, independent cafes and restaurants on its doorstep along with Greville Smyth Park being located just across the road providing a large, lush green space for its residents to relax in. SHARED OWNERSHIP These new homes are available to buy under the Shared Ownership scheme which is designed to make buying a home easier. You buy a percentage of the home, usually between 10% and 75% and pay a reduced rent on the remaining share. Abri will continue to own the share, but the property is your home to live in until you decide to sell. If you decide to buy more shares in the future, you can 'staircase' up to 100% ownership. Usually, you’ll only need a 5% deposit of the share you’re buying and of course, as you'll only be buying percentage of the property, you'll need a smaller mortgage. EXAMPLE OF REPAYMENTS (based on buying an average 35% share) Reservation fee : £500 which forms part of the purchase price Full Purchase Price : £382,500 Share Price : £133,875 based on a 35% share Minimum deposit : £6,694 based on a 35% share Monthly mortgage payments on a 35% share : Monthly repayment values will depend on lender/interest rate at that time - advice from a mortgage broker who is familiar with Shared Ownership is recommended Rent : £570 per month - calculated at 2.75% of the value based on an unpurchased 65% share Service Charge : £1980 per annum approx Ground Rent : £0 USEFUL INFORMATION *Build Complete and Ready to Move Into* Tenure : Leasehold Length of lease : 990 years New Homes Warranty : 12 years Predicted council tax band : New build properties, band to be determined EPC : B Parking : One allocated space included with this plot - height restrictions apply. Please ask a member of the Sales team for more information. Contact the CJ Hole Land & New Homes Team to register your interest and to discuss current availability. *Please note that the car park at The Old Brewery has a reduced height clearance. Certain vehicles may not be able to access the parking area.
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