Property description
A UNIQUE OPPORTUNITY FOR THE FIRST TIME BUYER OR INVESTOR, OFFERING CONVENIENT ACCESS TO BOTH THE MOTORWAY/RAIL NETWORK. THIS CONVERTED PUBLIC HOUSE HAS BEEN TRANSFORMED INTO 4 LUXURY APARTMENTS ALL OFFERING EN SUITES, STYLISH PRESENTATION AND AN ATTENTION TO DETAIL WHICH IS RARELY SEEN. EACH APARTMENT SIMPLY BEGS TO BE VIEWED TO BE FULLY APPRECIATED AND OFFERS SOMETHING DIFFERENT. Communal entrance for this and apartment 4, stairs to first floor. Lounge/kitchen with dining area and integrated appliance, media points, master bedroom with En suite boasting a 4 piece bathroom with roll top bath and separate shower cubicle. Other features include alarm system, PVC double glazing, and gas central heating. External communal area. Like all quality apartments service charges apply, but these will likely be much lower than the norm as it wont be run by anyone other than the apartment owners.
HELP TO BUY SCHEME AVAILABLE ON THIS PROPERTY!
How does it work?
With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so youll only need a 5% cash deposit and a 75% mortgage to make up the rest. You wont be charged loan fees on the 20% loan for the first five years of owning your home.
Who is eligible?
Equity loans are available to first time buyers as well as home owners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000. You wont be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with a Help to Buy: Equity Loan.
How to apply
The Help to Buy: Equity Loan scheme is run by Government-appointed Help to buy agents. They can guide you through your purchase, from providing general information about the scheme to dealing with your application. Or look out for the Help to Buy logo on new-build developments and ask about the scheme there. You can get more help and advice from the Money Advice Service as well as many high street mortgage lenders.
SECURE ENTRANCE LOBBY
PVC double glazed entrance door and movement sensing lighting.
LOUNGE/KITCHEN
5.03m (16' 6\") x 4.88m (16' 0\")
2 x PVC double glazed windows to front and side, laminate flooring, 2 x radiators, TV, Sky and telephone points. Kitchen area with modern range of cream fronted wall and base units, wood laminate effect worktops, integrated stainless steel oven and 4 ring gas hob, overhead extractor, single drainer 1 1/2 bowl sink unit with mixer tap, plumbed for washer, tiled splash backs, under unit lighting and inset spotlighting.
MASTER BEDROOM
3.78m (12' 5\") x 2.79m (9' 2\")
PVC double glazed window to side, radiator, TV point, cupboard.
EN-SUITE
3.15m (10' 4\") x 2.31m (7' 7\")
PVC double glazed window to side, 4 piece luxury suite comprising of roll top bath on clawed feet, with mixer tap, glazed shower cubicle with mains shower, hand wash basin with mixer tap, W/C, tiled floor and splash backs, shaver point, chrome heated towel rail, inset spotlighting and extractor.
SECURITY
Alarm system.
EXTERNALLY
Communal area to rear of property.
OCCUPIERS COMMUNAL COSTS
The Developers of these apartments have asked us to advise potential purchasers and investors that unlike other high quality apartment developments there will be no high management charges associated with the purchase of this property.
Instead a Company will be set up and each apartment (there are 4 in total) will have an equal share in the company and by agreement will decide on what will be spent on maintenance and shared costs. There will be no outside expensive agent employed to control costs.
It is anticipated that the communal costs will cover the lighting of the common areas (anticipated at around £50 per year), and an annual fire alarm inspection (around £80). Therefore it is expected that each occupier will be paying less than £3/month - considerably less than any other apartment you may look at.
Note Building Insurance will be a single policy to cover the whole building and will be split between the four apartments.