2 bedroom Flat For Sale

Advertised Price is for a 75% share Full Market Value £290,000 (other shares are available contact us today for more information) Harbour Crescent 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. The Apartment A well designed third floor apartment boasting lift access and briefly comprising an impressive kitchen diner living area complete with integrated appliances and access onto a private balcony with far reaching views. Two bedrooms with the principal bedroom offering a en-suite shower room. A spacious main bathroom and useful storage cupboard completes the accommodation. Externally on offer is an allocated car parking space as well as secure bike storage. The Location 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 as well as 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. Shared Ownership 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 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. Example of Monthly Repayments When Using Shared Ownership Reservation fee : £500 which forms part of the purchase price Full Purchase Price : £290,000 Share Price : £72,500 based on an average 25% share Minimum deposit : £3,625.00 based on an average 25% share Rent : £498.44 per month - calculated at 2.75% of the value based on an unpurchased 75% share Service Charge : £177.33 estimated Ground Rent : £0 Useful Information Ready to Occupy Tenure: Leasehold Length of lease: Remainder of 999 years New Homes Warranty : ICW Predicted council tax band: New build properties, band to be determined EPC : TBC Parking: 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.