1 bedroom Flat For Sale

<b>The Apartment</b> This spacious one-bedroom apartment is situated on the sixth floor of this mixed use development. With thoughtfully designed open plan living accommodation and a kitchen area with built in appliances, this new home offers the perfect blend of convenience and location. <b>Shared Ownership</b> These new homes are available to buy under the Shared Ownership scheme which is designed to make buying a home easier. You buy a percentage of the home (usually between 10% and 75%) and pay a reduced rent on the remaining share. Abri will continue to own the remaining share, but the property is your home to live in until you decide to sell. If you choose to buy more shares in the future, you can 'staircase' up to 100% ownership. Usually, you’ll only need a 5% deposit of the share you’re buying and of course, as you'll only be buying percentage of the property, you'll need a smaller mortgage. <b>Example of Monthly Repayments When Using Shared Ownership</b> <b>Reservation fee :</b> £500 which forms part of the purchase price <b>Full Purchase Price :</b> £267,500 <b>Share Price :</b> £93,625 based on a 35% share <b>Minimum deposit : </b>£4682 based on a 35% share <b>Monthly mortgage payments on a 35% share :</b> Monthly mortgage repayment values will depend on lender/interest rates at that time - advice from a mortgage broker who is familiar with Shared Ownership is recommended <b>Rent :</b> £398.46 per month - calculated at 2.75% of the value based on an unpurchased 65% share <b>Service Charge :</b> £1849.40 per annum approx <b>Ground Rent :</b> £0 <b>Useful Information</b> <b>Estimated Build Completion:</b> Winter 2024/25 <b>Tenure:</b> Leasehold <b>Length of lease:</b> 990 years <b>New Homes Warranty :</b> 12 years <b>Predicted council tax band:</b> New build properties, band to be determined <b>EPC :</b> tbc <b>The Development</b> The Old Brewery is an iconic Bristol site set within the vibrant neighbourhood of Southville providing new homes for the next generation of Bristolians. Southville is a popular location well known for its stunning street art, the famous Tobacco Factory and Ashton Gate Stadium. Benefitting from an array of local, independent cafes and restaurants on its doorstep along with Greville Smyth Park being located just across the road providing a large, lush green space for residents to relax in. <b>Contact the CJ Hole Land & New Homes Team to register your interest and to discuss current availability.</b> *Images used are CGI's and are to be used as a guide only and are subject to change*