2021-02-23 19:03, User_1
Urban Moves Agent Valuation of this property is £48,000
Description:
Key features:
- Guideline Minimum Deposit £4,800
- Guideline Income £16,000
- Second Floor with Juliette Balcony
- Approx. 426 Sqft Gross Internal Area
- Open-Plan Reception/Kitchen
- Double Glazing and Gas Central Heating
- Parking Space
- Walking Distance to Station/Town Centre
Full description:shared ownership (Advertised price represents 40% share. Full market value £120,000). This smartly-presented flat is on the second (top) floor and the elevated position allows a view over some of the surrounding low-rise buildings. The reception room has a Juliette balcony and is open-plan to the kitchen. There is a good-sized bedroom with built-in wardrobe and additional storage space in the entrance hallway. Well insulated walls, modern double glazing and gas central heating make for a good energy-efficiency rating. The flat comes with use of a parking space and is also within comfortable walking distance of both Stowmarket Railway Station, which offers services to various destinations including Peterborough, Cambridge, Ipswich, Norwich and London Liverpool Street, and the attractive town centre.
Tenure: Leasehold (125 years from 2007).
Minimum Share: 40% (£48,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £241.41 per month (subject to annual review).
Service Charge: £35.04 per month (subject to annual review).
Guideline Minimum Income: £16,000 (based on minimum share and 10% deposit).
Council Tax: Band A, Mid Suffolk District Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Second FloorReception18' x 11' 4" (5.49m x 3.45m)
Kitchenincluded in reception measurement
Bedroom15' 6" x 8' 2" (4.72m x 2.49m)
Bathroom
Truth Factor: N/A
