Property Details: • Type: Flat • Tenure: LEASEHOLD • Floor Area: 559 sqft

Key Features: • Shared Ownership available from 70% • Tenure: Leasehold - 80 years remaining • Council Tax Band - A • EPC Rating - C • Share Price - £42,000 • Full Value £60,000 • Monthly Service Charge - £117.43 • 2 Bedroom First Floor Flat

Location: • Nearest Station: Hapton Station • Distance to Station: 1.4010256716898781 miles

Agent Information: • Address: St. Johns Street, Peterborough, PE1 5DD

Full Description: This two bedroom first floor flat is available to purchase using Shared Ownership at 70% of the total value. <br /> <br />The accommodation comprises of entrance stairway, kitchen, reception room, two bedrooms and family bathroom. Outside benefits from communal gardens. <br /> <br />Prospective purchasers must be 55+ <br /> <br />Shared Ownership is another way to get started on the property ladder. You buy a percentage of a property and pay rent on the rest. We own part of it - but you're living there; you can decorate it and decide when to sell. <br /> <br />Buying a share may mean you need a lower mortgage and deposit than purchasing a property outright. Shared Ownership can be a cost-effective way to start the property ladder and is ideal for first-time buyers. In addition, Shared Ownership may work out less per month than renting privately. <br /> <br />You can buy a home through the shared ownership scheme if you cannot afford all the deposit and mortgage payments for a home that meets your needs. The maximum household income is £80,000.