2 bedroom flat for sale
Key information
Features and description
- Tenure: Leasehold
- Guide Min Income Dual £29.5k Single £35.6k
- Guideline Minimum Deposit £6,000
- Ground Floor
- Approx. 896 Sqft Gross Internal Area
- Semi Open Plan Kitchen/Reception
- Bathroom plus En Suite Shower Room
- Parking Space
- Close to Town Centre
SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £200,000). This spacious, south-east-facing flat is on the ground floor and features a twenty-one-foot reception room that leads out to a small patio area and the communal garden at the rear of the building. The kitchen is semi-open-plan, there is a main bedroom with en-suite shower room plus a second bedroom which is only slightly smaller. The hallway provides some useful, built-in storage as well as access to a bathroom large enough to include a separate shower cubicle. Modern insulation standards and double glazed windows/doors make for a good energy-efficiency rating. The Parklands is located next to Grove House Gardens, close to the centre of Dunstable. The Quadrant Shopping Centre and the other shops/amenities around the High Street are only a short walk away. The apartment comes with use of a parking space.
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM []
(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 less 30 days from 01/01/2006).
Minimum Share: 30% (£60,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £480.75 per month (subject to annual review).
Service Charge: £221.43 per month (subject to annual review).
Guideline Minimum Income: Dual - £29,500 | Single - £35,600 (based on minimum share and 10% deposit).
Council Tax: Band C, Central Bedfordshire 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).
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 Homes England outside of London.
IS SHARED OWNERSHIP FOR YOU ?
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. 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.
3. 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).
4. Be in full time permanent employment.
5. Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Rooms
Entrance Hallway
Reception/Dining Room
21' 4" min. x 10' 6" max. (6.50m x 3.20m)
Kitchen
9' 6" x 8' 3" (2.90m x 2.51m)
Bedroom 1
17' 7" x 8' 11" (5.36m x 2.72m)
En-Suite Shower Room
Bedroom 2
17' 10" x 8' 6" (5.44m x 2.59m)
Bathroom
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