2 bed flat for sale

Wesleyan Road, Peterborough PE1

This 2 bedroom first floor apartment is located in Peterborough and is available to purchase through shared ownership with a 30% share. The property benefits from 1 allocated parking space, and a practical layout across one floor. Buyers have the option to staircase to 100% ownership.

Full Market Value: £125,000
Share Available: £37,500
Monthly Rent: £369.84
Monthly Service Charge: £81.13
Remaining Lease Term: 81 years

About the property
This property is comprised of:
Hallway - provides access to the main living area, bathroom and bedrooms.
Kitchen
Living room/diner - an ideal space for relaxing and hosting.
Bedroom 1 - double room, with space for storage.
Bedroom 2 - ideal for a second bedroom, nursery or office space
Bathroom - with bath and shower facilities

About the Area
Peterborough is a cathedral city in Cambridgeshire, England. Historically part of Northamptonshire, it is 75 miles north of London, on the River Nene which flows into the North Sea 30 miles to the north-east. Rich in local amenities, there are open green spaces and fitness facilities, restaurants and take-outs, a shopping centre, arts and entertainment locations including a theatre and a museum, and more.

The railway station is an important stop on the East Coast Main Line between London and Edinburgh. The A1 primary route (part of European route E15) broadly follows the path of the historic Great North Road from St Paul's Cathedral in the heart of London, through Peterborough (Junction 17), continuing north a further 335 miles (539 km) to central Edinburgh.

Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.

Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.