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£247,500

(£247/sq. ft)

2 bed flat for sale
Pine Trees, High Wycombe HP11

    • 2 beds

    • 2 baths

    • 1 reception

    • 1,001 sq. ft

  • EPC Rating: B

  • Leasehold

Hurst

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About this property

  • Discounted market scheme

  • Own 100% but only pay 75%

  • Two very large bedrooms

  • Fitments less than 5 years old

  • Large open plan living area

  • Two bathrooms

  • Gas central heating

  • UPVC double glazing

  • 121 year lease, zero ground rent

  • £1,800 per annum service charge

A rare opportunity to purchase a 1001sqft two-bedroom first floor apartment at discounted rates as it forms part of the dms Scheme (see qualifying criteria below). The accommodation includes; large hallway, spacious open-plan living/dining/kitchen area with French doors to balcony, primary bedroom with en-suite shower room, second very large double bedroom, family bathroom. The property also benefits from; gas central heating to radiators, UPVC double glazing, ample communal parking and bike store. The property has been well maintained and is in excellent condition throughout.

This property is part of the Discounted Market Sale (dms) scheme. The market value is discounted by 25%, a purchaser will own 100% of the property. So dms is not a restriction on ownership. It’s a restriction on price or value of the property. You are required to pass on the 25% reduction in value to the next purchaser.

Buyer Eligibility Criteria, must meet one of the two following points:

Be registered on the Housing Register (via Bucks Home Choice),
Or


Have a pre-tax household income of less than 45% of the purchase price (this is the criterion used by the Housing Department for buyers approved under the “other person approved by the District Council” clause). Which at the asking price of £247,500 equates to £111,375 max combine pre-tax income.

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More information

  • Tenure

    Leasehold (121 years)

  • Service charge

    £1,800 per year

  • Council tax band

    C

  • Ground rent

  • Ground rent date of next review

See all recent sales in HP11

Property descriptions and related information displayed on this page are marketing materials provided by - Hurst. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hurst for full details and further information.