Guide price
£132,000
2 bed flat for saleWalrow Road, Highbridge TA9
2 beds
1 bath
1 reception
EPC Rating: C
Added on
About this property
Fitted with Bosch appliances
Shared equity!
Howdens Kitchen
Allocated Parking
New Development built by local builder Flower & Hayes
Summary
shared equity! The Alton offers an open plan kitchen/living area, master bedroom with built in storage, second double bedroom and bathroom.
Description
Apartment 12, The Alton is a two bedroom apartment featuring an open plan arrangement of kitchen/dining/living room.
100% Market Value: £165,000
80 Sahre: £132,000
Own the home you love for a fraction of the upfront cost with our exclusive shared equity properties. Through a shared equity scheme, you secure 100% ownership of your new home from day one, but you only need to fund a portion of the purchase price, 80%, via your deposit and a standard mortgage. The remaining balance is covered by an equity loan, which means your required down payment is dramatically reduced and you gain access to much lower monthly mortgage rates. There is no monthly rent to pay on the equity loan, allowing you to enjoy the full stability and financial upside of homeownership while keeping your monthly living costs highly manageable. It is the smart, secure way to bridge the affordability gap and step into your future home today.
Henley Way in Highbridge is a select development offering a range of different properties built to a high quality with a modern specification by Flower and Hayes who construct quality residential properties and pride themselves on being a company built on reputation, a company that is known in the area for the highest quality of finish and customer service, a company that looked after and stayed loyal to it's employees and this is the legacy which they are still proud to adopt to this day.
Further Information
Loan Terms and Interest Fees
- Interest-free period: 8 years
-Fee escalation: The interest fee will be starting in year 9 and will be 4% of the developers retained interest. This will remain the same for years 9&10 and then index linked.
- Repayment triggers: The equity loan must be repaid either at the end of the loan term (25 years) or when the property is sold-whichever comes first.
-Service charges and Ground rent: The ground rent is £10pa, insurance (to follow but anticipated at £380pa) and service charge is £525pa.
-Subletting rules: Shared equity homes almost always prohibit subletting; the buyer must occupy the property as their main residence.
Why Buy New?
Stephen our Regional New Homes Partner says "A brand-new home offers buyers a level of quality, efficiency and peace of mind that older properties simply can’t match. Everything is fresh, unused and built to modern standards, meaning superior insulation, lower running costs and far fewer maintenance worries in the early years. Buyers can often personalise finishes, choose layouts or upgrade specifications, creating a home that truly suits their lifestyle from day one. With the added reassurance of a 10-year structural warranty and the latest building regulations for safety and energy performance, purchasing new isn’t just convenient - it’s a smart, future-proof investment that delivers comfort, reliability and long-term value."
Entrance Hall
Door to the front. Two storage cupboards and doors to:
Living/dining Area 10' 8" x 19' 6" ( 3.25m x 5.94m )
Double glazed windows to the side. Open plan to kitchen.
Kitchen 9' 8" x 7' 9" ( 2.95m x 2.36m )
Open plan to living/dining area. Double glazed windows to the rear. Kitchen fitted with Bosch double oven, Bosch ceramic four ring hob, splashback tiling, cookerhood, stainless steel sink/drainer unit, Bosch washer/dryer. Kitchen handles cabinets and work surfaces will be Howdens and choices can be selected at Flower and Hayes offices.
Master Bedroom 15' 9" x 9' 6" ( 4.80m x 2.90m )
Double glazed window to the rear, built in wardrobe and door to:
Bedroom 2 12' 4" x 9' 6" ( 3.76m x 2.90m )
Double glazed window to the front.
Bathroom
Shower over bath, glass shower screen, WC and hand wash basin.
Please Note
Please Note
We will endeavour to use the photographs of the actual property but may also show pictures of the show home, similar plots and/or computer generated images. Our virtual/360 tours will be of the development show homes. Floorplan images may be handed. Digitally dressed images used.
Reservation Fee Applies
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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More information
Tenure
Service charge
£525 per year
Council tax band
Ask Agent
Ground rent
£10
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