1 bedroom apartment for sale
Viridian Square, Aylesbury, HP21 7FY
Share percentage 25%, full price £170,000, £4,250 Min Deposit.
Share percentage 25%, full price £170,000
Monthly Cost: £695
Rent £353, Service charge £131, Mortgage £211*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented flat is on the top floor (building has a lift) and is south-west facing. The property features a reception room with dormer window and a semi-open-plan kitchen with sleek grey units. There is a good-sized bedroom and an attractive bathroom. Viridian Square has pleasant communal grounds and is only a short walk from the town centre with its mix of the charming historic architecture of Old Town and the extensive range of more modern facilities around the High Street. Aylesbury Railway Station is also close by. The flat comes with use of an allocated parking space and benefits from a cycle store.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £170,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/mckr3dz6]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2008).
Minimum Share: 25% (£42,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £353.07 per month (subject to annual review).
Service Charge: £131.31 per month (subject to annual review).
Guideline Minimum Income: Dual - £21,600 | Single - £22,900 (based on minimum share and 10% deposit).
Council Tax: Band B, Buckinghamshire Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Key Features
- Guideline Minimum Deposit £4,250
- Guide Min Income Dual £21.6k | Single £22.9k
- Top Floor (fourth, building has a lift)
- Approx. 495 Sqft Gross Internal Area
- Semi-Open-Plan Kitchen/Reception
- Communal Grounds and Cycle Store
- Allocated Parking Space
- Close to Town Centre/Railway Station
Particulars
Tenure: Leasehold
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
- Service Charge: covers maintenance costs for the property as a whole and communal areas
- Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £170,000, £4,250 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
