Fixed price
£52,500
(£84/sq. ft)
2 bed flat for saleGreat High Ground, Loves Farm, St. Neots PE19
2 beds
1 bath
1 reception
626 sq. ft
EPC Rating: B
- Shared ownership
- Leasehold
Vanessa Newman Property Agents
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About this property
30% Share Available to Purchase
2 Double Bedrooms
1st Floor Apartment
Private Entrance
Separate Living Room
Separate Kitchen
Bathroom with Shower Facilities
Private Allocated Parking
Private Bike Store
Double Glazed
Service charge (For Leasehold tenure): £784.08 per year.
Vanesssa Newman Property Agents are please to offer this 1st floor, 2 bedroom apartment for sale. Located on the popular 'Loves Farm' Estate, within easy walking distance to the St Neots Train Station, making this apartment perfect for those needing to commute for work.
This apartment offers good living space comprising of a good sized hallway with two storage cupboards and a 'cloak cupboard', two double bedrooms, a family bathroom with shower facilities over the bath tub. Decent sized lounge diner and I am please to confirm an non open plan kitchen. The property benefits from having full double glazing and gas central heating and the apartment offers additional security being on the 1st floor. A real highlight to this apartment is the amount of large windows and its south facing aspect, creating a truely light and airy apartment.
Outside the property comes with its own private allocated parking and it also comes with an private external bike store.
This apartment is being sold on a Shared Ownership basis.
Shared ownership is a form of leasehold where you buy a percentage of the property, and pay rent on the share you don’t own. You may be able to purchase the remaining share at additional cost. When you want to sell the property you might need the housing associations permission.
The current seller share is 30% of the full market value of the property. This is an excellent price in todays market and this is a really good oportunity for a ftb to gain a step on the housing market ladder.
This property has shares available to purchase, and you will pay a subsidised rent on the remaining share. In the future you can purchase further shares in your home (this is known as staircasing) or sell your share and move on.
The market value of this apartment stands at £175,000, a 30% share is being offered for sale at a price of £52,500. The rent payable to the Landlord will be £406.98 a month. Service Charge @ £81.12
Potential purchasers will need to meet the criteria set by bpha.
Further informaton about the Shared Ownership Scheme available on request.
Features
- Gas Central Heating
- Rare Opporunity to buy @ 30%
- Secure Car parking
- Full Double Glazing
- Oven/Hob
- Gas Central Heating Combi Boiler
- Double Bedrooms
Roof type: Concrete roof tiles.
Mobile signal/coverage: Good.
Flooded in the last 5 years: No.
Construction materials used: Brick and block.
Water source: Direct mains water.
Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (gas).
Broadband internet type: FTTP (fibre to the premises).
Does the property have required access (easements, servitudes, or wayleaves)?
No.
Do any public rights of way affect your your property or its grounds?
No.
Parking Availability: Yes.
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More information
Tenure
Leasehold (116 years)
Service charge
£784 per year
Council tax band
B
Ground rent
Ground rent date of next review