- A WELL PRESENTED 2 BEDROOM GROUND FLOOR APARTMENT
- 50% SHARED OWNERSHIP
- SOUGHT AFTER DEVELOPMENT
- REMAINDER 10 YEAR NHBC WARRANTY
- GAS FIRED CENTRAL HEATING
- DOUBLE GLAZING
- CLOSE TO AMENITIES
- NO CHAIN
2 Bedroom Apartment for sale in Barnstaple
1
2
1
A WELL PRESENTED 2 BEDROOM GROUND FLOOR APARTMENT
50% SHARED OWNERSHIP
SOUGHT AFTER DEVELOPMENT
REMAINDER 10 YEAR NHBC WARRANTY
GAS FIRED CENTRAL HEATING
DOUBLE GLAZING
CLOSE TO AMENITIES
NO CHAIN
A rare opportunity to acquire a 50% share of this well presented 2 bedroom ground floor apartment, located in the popular and convenient location of Roundswell.
Benefiting from a remainder 10 year NHBC warranty, 2 bedrooms, open plan lounge/kitchen, bathroom & one allocated parking space. This is an ideal opportunity for first time buyers. Available with no onward chain.
AGENTS NOTE: The property's Leasehold would be shared with Heylo, with the new owner having a 50% share. Any prospective purchaser will be required to meet the requirements as set out by Heylo. Please enquire at the agents office for full details.
Key criteria are can be found below:
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: - Not currently own a home suitable for their housing needs.
- Sell a home not suitable for their housing needs before buying Shared Ownership..
- 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
Entrance Hall
Open Plan Lounge/Kitchen 22'1" (6.73m) x 13'6" (4.11m) into bay window.
Bedroom 1 15'1" max x 9'4" (4.6m max x 2.84m).
Bedroom 2 11'8" x 7' (3.56m x 2.13m).
Bathroom 7' x 5'7" (2.13m x 1.7m).
Tenure Leasehold (Share of freehold) Remainder of 150 year lease commencing 1st January 2018
The new owner will own a 50% share. Any prospective purchaser will be required to meet the requirements as set out by Heylo. Please enquire at the agents office for full details
Service Charge We have been advised £500 per every 6 months
Rent Vendor advises £270.00 per month
Services All mains services connected
Viewing Strictly by appointment with the sole selling agent
Council Tax Band B - North Devon District Council
From Barnstaple town centre continue over the Long Bridge and up Sticklepath Hill. Upon reaching The Cedars Inn roundabout turn left and at the next roundabout turn right, signposted to Holmacott and Eastleigh. Continue on this road following the chicanes until you reach the next roundabout. Take the third exit and continue down this road before turning left onto Claypits Road. Continue along where number 17 will be located in the block straight ahead of you with a for sale board clearly displayed. There is an allocated parking space located to the rear.
Important Information
- This is a Leasehold property.
Property Ref: 55707_BAR240692
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