Standout Features
- Shared Ownership Property
- 50% Purchase & 50% Rent
- Top Floor Apartment
- Open Plan Modern Living
- One Double Bedroom
- Well Appointed Bathroom
- Allocated Parking Space
- Spacious Balcony With Lovely Views
Property Description
Internally the apartment comprises a large hallway with storage cupboards, a spacious open plan lounge/diner/kitchen with the lounge area having double doors opening onto the balcony giving you the perfect outdoor retreat. The large double bedroom features a floor to ceiling window allowing plenty of natural light to flow through and there is also a lovely bathroom. Outside, there is allocated parking for one vehicle located at the rear of the building.
You are situated close to local amenities including schools, shops and leisure facilities all within walking distance as well as having great transport links via the Metrobus service or Parkway Train Station along with good access onto the M32, M4 and M5.
The property is ideal for the modern lifestyle and would be perfect for anyone needing an affordable home in a vibrant location.
Additional Information
Lease Years Remaining:
121
Service Charge:
£1,713 per year
Rooms
Shared Ownership Buyer Criteria
Shared ownership buyer eligibility criteria can be found at on the website: www.homereach.org.uk/general-eligibility
Key criteria are:
*Buyers must be at least 18 years old
*Buyers must have a total household income under £80,000 (£90,000 in London)
*Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for
further information)
*Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land
and any other financial investments.
*Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment (not all benefits
are eligible)
*Self-employed buyers must be able to provide 2-years evidence of their income
*Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator
*Shared owners must be first time buyers or do not own another property in the UK or any other country or have a memorandum of sale for their existing property.
*Buyers must have good credit history and must not have the following (for more information on acceptable credit for Home Reach please refer to the credit policy):
-A mortgage or rent arrears
-Other bad debts
-County Court Judgements
*Buyers must have a minimum 5% deposit towards the share they are purchasing
*Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000). This may include:
-Legal fees
-Stamp Duty Land Tax where applicable
-Mortgage application fees
-Valuation fees and any associated moving costs
Utilities
Mortgage calculator
Monthly Repayments:
£
Are you ready to take the next step?
Speak with one of our team and we can help you find out your affordability.
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Oxleigh Way,
Stoke Gifford,
Bristol,
South Gloucestershire,
BS34
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