Saxton, The Avenue

Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: Martin & Co - Leeds City Phone: 0113 427 9264

<strong></strong> <strong></strong> A bright and well-presented fourth floor apartment, offered chain free on a 40% shared ownership basis and benefitting from an allocated parking space.<br/><br/>Measuring approximately 50m², the apartment offers a spacious open-plan living area with a modern fitted kitchen, generous lounge space and floor-to-ceiling windows enjoying attractive views over the large landscaped communal gardens. The property is set within a secure gated development, with residents benefiting from an on-site gym, beautifully maintained grounds and a caretaker service.<br/><br/>There is also the option to staircase to 100% ownership, making this an excellent opportunity for buyers looking to get onto the property ladder in a well-maintained development with strong amenities and outdoor space. <br/><br/><strong>SHARED</strong> <strong>OWNERSHIP</strong> <strong>OPTIONS</strong> <strong></strong> The property is currently owned on a 40% share which is offered for sale at £58,000<br/>If purchased at this share level the following rent applies on the remaining 60% share - £248.03 per month<br/><br/>Ground rent £205 pa (reviewed every 10 years by RPI - next due January 2030)<br/>Service charge £2,427.56 pa<br/>Service charge for parking space £87.76 pa<br/>Lease term: 150 years (less 15 days from and including) 19th October 2009 <br/><br/>Option to purchase the property at 100% where no rent is payable. Service charge and ground rent as above still applies.<br/><br/>Eligibility criteria for shared ownership with Places for People<br/>In order to buy a home under a Shared Ownership scheme, you need to meet the eligibility requirements, as well as pass the affordability checks.<br/><br/>Who is eligible for Shared Ownership?<br/><br/>You need to have a household income of under £80,000 a year (or £90,000 in London).<br/>You need to not be able to afford a home with a standard deposit and mortgage that meets your needs.<br/>You also usually need to meet one of these requirements:<br/><br/>Be a first-time buyer.<br/>Not currently a homeowner, or cannot afford to buy a home that meets your needs through a standard purchase.<br/>Already a homeowner (this could be through Shared Ownership), who wants to sell their current home. <br/><br/><strong>SAXTON</strong> <strong></strong> Gated development with fob entry system, mail room, caretaker office, residents gym and additional pay and display visitor parking. <br/><br/><strong>HALLWAY</strong> <strong>9' 6" x 2' 11" (2.90m x 0.90m)</strong> Wooden flooring throughout, electric wall mounted heater and spot lighting. <br/><br/><strong>LIVING</strong> <strong>AREA</strong> <strong>19' 8" x 15' 2" (6.00m x 4.64m)</strong> The Living space has large floor to ceiling windows with two Juliet balconies and fantastic views of the communal grounds. Wooden flooring throughout and electric wall mounted heater. <br/><br/><strong>KITCHEN</strong> <strong>(Open Plan) </strong> The Kitchen has a range of fitted units with integrated appliances which include; electric oven, four ring electric hob and fridge with freezer compartment.<br/><br/>Storage cupboard housing the hot water cylinder and plumbing for a washing machine. <br/><br/><strong>BEDROOM</strong> <strong>13' 11" x 9' 8" (4.25m x 2.96m)</strong> The spacious double bedroom has floor to ceiling window with Juliet balcony and electric wall mounted heater. <br/><br/><strong>BATHROOM</strong> <strong>8' 6" x 5' 7" (2.61m x 1.71m)</strong> The bathroom comprises; bath with shower over. hand basin, w.c., recessed cupboard and heated towel rail. <br/><br/><strong>ALLOCATED</strong> <strong>PARKING</strong> <strong></strong> The property is sold with one allocated parking space which is situated in the gated grounds. Please note the parking space is on a separate lease to the apartment. <br/><br/><strong>MATERIAL</strong> <strong>INFORMATION</strong> <strong></strong> <strong></strong> Local Authority: Leeds<br/>Council Tax: B<br/>Conservation Area: No<br/>Flood Risk: Very low<br/>Floor Area: 50m2 <br/>Mobile Coverage: EE, Vodafone, Three, O2<br/>Broadband: Basic 15 Mbps, Superfast 80 Mbps, Ultrafast 1800 Mbps<br/>Satellite / Fibre TV Availability: BT, Sky,