£247,500
(£247/sq. ft)
2 bed flat for salePine Trees, High Wycombe HP11
2 beds
2 baths
1 reception
1,001 sq. ft
EPC Rating: B
- Leasehold
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.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (121 years)
Service charge
£1,800 per year
Council tax band
C
Ground rent
Ground rent date of next review
.png)