2 bedroom flat for sale

Red Homes has the pleasure of offering onto the market a modern and central Two Bedroom Duplex Apartment, This Modern Two Bedroom property boasts Spacious Lounge, Modern Fitted Kitchen, Modern Fitted Bathroom, Private and Communal Courtyards. South Devon Mews is located in the heart of Newton Abbot which has a main line railway station within a short walk of the premises with regular trains to London as are local car parking facilities. Newton Abbot is a busy market town that has been extensively developed over recent years and has attracted many major retailers. Access to the national motorway network is good via the A38 and A380.

Solid wood door gives access to the communal entrance shared between properties 4, 5 & 6 into the communal entrance hallway with door giving access to  the property:

Entrance porchway:

Approached through wooden door. Double glazed window to front aspect. Door leading into Lounge/Dining and Kitchen area open plan.

Open plan lounge/ dining area - 16'05 x 11'02

Two radiators with thermostat control. Double glazed window to front aspect. Television point. Telephone point. Door leading to the lower level.

Kitchen area - 9'10 x 8'06

Modern fitted kitchen with a matching range of wall eye and base level units with roll top work surfaces and tiled splashbacks. Stainless steel mixer tap sink and drainer.  Space for washing machine,  Free standing cooker and fridge freezer. Double glazed windows to rear aspect. Inset spotlights. Door to shelved storage cupboard currently housing Combination boiler.

Stairs lead down to Downstairs hallway With Feature full length double glazed window. Double glazed door to rear giving access to communal patio. Smoke alarm. Radiator. Three cupboards with shelving.

Bedroom 1 - (2.050m x 2.950m) 6'8" x 9'8"

Double glazed door and window to courtyard area. Front patio laid to paving and is private and enclosed. Radiator with thermostat control. Television point.

Bedroom 2 - (3.100m (2.550m where it narrows to the left) x 4.100m) 10'2" (8'4" where it narrows to the left) x 13'5"

Double glazed window to rear aspect. Radiator with thermostat control.

Bathroom

Modern fitted bathroom suite comprising of lower level flush wc. Pedestal wash hand basin. Panelled bath with wall mounted shower to the mains. Part tiling to walls. Radiator. Tiled flooring. Extractor fan.

Outside

The communal garden is laid to paving offering low maintenance.

120 year lease

Available for £67, 500 For a 50% share based on the full market value of £135, 000

Monthly rent/other outgoings

You pay a subsidised monthly rent on the share you do not own from approximately £157.

There are also monthly service charges of approximately £51.

Buying under shared ownership

This scheme helps local people get on the property ladder.

A 50% share will require a mortgage/savings from £67, 500.

If you can afford to buy a higher share, you will be asked to do so. The higher the share you buy, the lower your monthly rent.

You will be able to buy more shares up to 100% later.

Eligibility criteria

Minimum salaries required are - £21, 000 (single), £25, 000 (joint).

Applicants must have access to £3, 500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage.

Applicants must be registered with the HomeBuy Agent South West Homes .

Priority will be given to social tenants (ha or la tenants) and serving military personnel.

Sdlt payable on property or share value from £125, 000. Ask your solicitor for further details.

Information correct as at June 2012. *Terms & conditions apply.

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Disclaimer: These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed. They do not constitute part or all of an offer or contract. The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy. We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition. Further the Agents have not sought to verify legal title of the property and purchasers must obtain the relevant information from their Solicitors. Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents. In order to make sure there is no delay in agreeing a sale, we would ask for cooperation.