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New home
£74,000

1 bed flat for sale Flat 9, 66 Honeysuckle Avenue, Cheltenham GL53

1 bed
1 bath
1 reception
  1. Property photo 1 of 5. Picture No. 06

Points of interest

Property location

Nearby amenities

  • Warden Hill Primary School0.6 miles
  • Leckhampton Church of England Primary School0.6 miles
  • Cheltenham Spa1.6 miles
  • Gloucester6.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Brand new Shared Ownership home
  • Double bedroom
  • Open plan lounge/kitchen/diner
  • Parking
  • Excellent commuter links
  • Choice of ground, first or second floor flats
Shared Ownership

This property is available to buy from as little as £74,000 with a 40% share!

Brizen Park is located within three miles of Cheltenham Spa train station and between the picturesque villages of Leckhampton and Shurdington.

Cheltenham Town Centre is just 3 miles from the development, where you’ll find Cheltenham Spa Station, on the main Birmingham to Bristol line. Trains to either city take just three quarters of an hour, while services to nearby Gloucester take as little as 9 minutes. Cheltenham Spa also offers direct trains to London in just over two hours and Cardiff in around an hour and a half. There are 150 park and ride spaces and over 130 cycle spaces at the station.

For drivers, access to the M5 is just a few miles away at junction 11 with Gloucester just beyond at around 8 miles drive. Tewkesbury is around 12 miles, Cirencester 15 miles, Swindon 32 miles and Oxford and Bristol just over 40 miles each. Gloucestershire Airport is around 5miles away, offering flights to Belfast, the Isle of Man and Jersey, while Birmingham International is around an hour away by motorway.

Cheltenham’s cultural reputation is reflected in the large number of independent shops and stores in the town, including the famous Cavendish House department store. You’ll also find all your favourite High Street names in the main town centre, in the Regent Arcade, Beechwood Shopping Centre and along the Promenade. For out of town shopping, try Kingsditch Retail Park or Gallagher Retail Park.

A brand new apartment which has accommodation featuring a spacious open plan lounge/kitchen/diner, double bedroom, bathroom and allocated parking.

Pricing & affordability

Approximate Size 492 sq ft

Full Market Value: £185,000

40% Share Price: £74,000 (rent £254.38 pcm)
50% Share Price: £92,500 (rent £211.98 pcm)
75% Share Price: £138,750 (rent £105.99 pcm)

Minimum 5% Mortgage Deposit (40% share): £3,700

Approximate Service Charges: £106.91 pcm*
Eligibility


The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Brizen Park you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit .

Floor plans and tours

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Floor plan 1

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