Viridian Square, Aylesbury, Buckinghamshire HP21 7FX

£52,500 Shared Ownership

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  • Guideline Minimum Deposit £5,250
  • Guideline Income Dual £17.3k, Single £20.5k
  • Second Floor with Juliette Balcony
  • Approx. 670 Sqft Gross Internal Area
  • Dual-Aspect Reception
  • Bathroom plus En-Suite Shower Room
  • Parking Space
  • Short Walk to Town Centre/Station

General Description

A Fantastic Opportunity to Purchase a Two Bedroom Apartment, on a Shared Ownership (Part Buy/Part Rent) Basis, through Clarion Housing

 

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £210,000). This two-bedroom apartment is on the second floor and features a dual-aspect reception room with Juliette balcony and semi-open-plan kitchen. There is a large bedroom with an en-suite shower room and a second bedroom which, though smaller, is still a double. The entrance hallway offers storage and access to the main bathroom. Viridian Square is only a short walk from the town centre with its mix of the charming historic architecture of Old Town and the more modern facilities around the High Street. Aylesbury Station is close by plus the apartment also benefits from a parking space.

 

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [HERE; http://bit.ly/2FQInkC]

(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.)

 

Tenure: Leasehold (125 years from 2008)
Share Available: 25% (£52,500)
Shared Ownership Rent: £281.42 per month*
Service Charge: £116.70 per month*
Guideline Minimum Household Income: £17,300**
Local Authority: Aylesbury Vale***
Council Tax Band: C (£1590.61for 2018-19)

The property is offered for sale on a sold-as-seen basis. Clarion Housing do not offer any warranties on the domestic appliances in the property or undertake to carry out any remedial work or redecoration work of a cosmetic nature. Pets not permitted (except assistance animals).

* The rent and service charge are subject to annual review.
** Assumes dual incomes and a 10% deposit of 25% share. Equivalent single-income figure would be £20,450.
*** Priority may be given to applicants that currently live and/or work in the District of Aylesbury Vale.

Dimensions

Reception
18' 2" min. x 11' 7" (5.54m x 3.53m)
Kitchen
10' 7" x 6' (3.23m x 1.83m)
Bedroom ( Bedroom 1 )
14' 7" x 8' 4" max. (4.45m x 2.54m)
bathroom ( En-Suite Shower Room )
Bedroom ( Bedroom 2 )
8' 8" x 8' 1" (2.64m x 2.46m)
Bathroom
Energy Effeciency Rating

Floorplans


Shared Ownership

WHAT IS SHARED OWNERSHIP ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and the Homes and Communities Agency (HCA) outside of London.

IS SHARED OWNERSHIP FOR YOU ?
The GLA and HCA set the eligibility criteria for Shared Ownership, but broadly speaking you must:
 Not own another property in the UK or any other country.
 Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
 Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
 Be in full time permanent employment.
 Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
 Have a good credit history.
If you are still unsure about Shared Ownership or would like more information view [ Facts and Frequently Asked Questions]

Location

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