1 bedroom Flat For Sale

<b>Harbour Crescent</b> Don’t miss the opportunity to be part of this thriving coastal community set in Harbour Crescent - a collection of spacious one and two-bedroom apartments available using Shared Ownership. Whether you're starting out, moving up, or winding down – this is more than a home; it’s a lifestyle. Prices from £220,000 (full market value) for a one bedroom apartment. <b>The Apartments</b> With thoughtfully designed open plan living accommodation and kitchens with built in appliances, these new homes offer the perfect blend of convenience and location. <b>The Development</b> Harbour Crescent is extremely well located in the coastal town of Portishead which is known for its modern marina, coastal walks and its abundance of shops and cafés. Portishead has excellent transport links to the Southwest and to Bristol making this an ideal place to call home. Portishead has long been popular with working professionals along with family buyers due to its excellent facilities, laid back vibe and commutability for work. A new train line connection is currently anticipated for Portishead with the station planned to be built within a couple of minutes-walk from the development. <b>Shared Ownership</b> All apartments at Harbour Crescent will be offered under the Shared Ownership scheme which is designed to assist with affordability when buying a new home. Rather than buying 100% of your home, you would buy a share of the property (usually between 10% and 75%) and pay a low rent to Places for People on the remaining unsold share. Typically, you’ll only need a 5% deposit of the share you’re buying. The scheme is open to first-time buyers and to those looking to move along the property ladder and you’re able to ‘staircase’/buy additional shares in the future. <b>Example of Monthly Repayments When Using Shared Ownership</b> <b>Reservation fee :</b> £500 which forms part of the purchase price <b>Full Purchase Price :</b> £220,000 <b>Share Price :</b> £55,000 based on an average 25% share <b>Minimum deposit : </b> £2,750 based on an average 25% share <b>Monthly mortgage payments on a 25% share :</b> Monthly mortgage repayment values will depend on lender/interest rates at that time - advice from a mortgage broker who is familiar with Shared Ownership is recommended <b>Rent :</b> £378 per month - calculated at 2.75% of the value based on an unpurchased 75% share <b>Service Charge :</b> £177.33 estimated <b>Ground Rent :</b> £0 <b>Useful Information</b> <b>Ready to Occupy <b>Tenure:</b> Leasehold <b>Length of lease:</b> 999 years <b>New Homes Warranty :</b> TBC <b>Predicted council tax band:</b> New build properties, band to be determined <b>EPC :</b> TBC <b>Parking:</b> One allocated space included *Please note that some images are computer generated and plans/measurements are subject to change. **Photographs are of selected plots and are not plot specific - they represent specification rather than layout or views. <b>Contact the CJ Hole Land & New Homes Team to register your interest and to discuss current availability.</b>