Bower Court, Grangecroft Road, Portland

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1

Agent: Hull Gregson Hull - Portland Phone: 01305 248472

*50% SHARED OWNERSHIP | OPTION TO BUY UP TO 100% SHARE*<br/><br/>This TWO DOUBLE BEDROOM SHARED OWNERSHIP APARTMENT with STUNNING FIELD and SEA VIEWS offers an excellent opportunity for first time buyers. The property is WELL-PRESENTED THROUGHOUT and presents an ALLOCATED PARKING SPACE, SECURE STORAGE SHED as well as access to the WELL-MAINTAINED COMMUNAL GARDEN. Viewings come highly advised to fully appreciate the property on offer.<br/><br/>Stepping over the threshold, you find yourself in the entrance hallway. The entrance hallway provides a warm welcome to the home and the perfect space to hang coats and store shoes.<br/><br/>The living accommodation is well-proportioned with panoramic field and sea views creating a fantastic serene setting. The room is flooded with light creating a fantastic light and airy space, currently hosting, a six-seater dining table and two sofas creating the perfect space to entertain guests or relax of an evening.<br/><br/>The kitchen is a modern, well-presented space, comprising wood-effect base level and wall mounted units with some freestanding appliances. The room presents a great space to cook with loved ones.<br/><br/>The property boasts two generously-sized double bedrooms with rear aspect windows overlooking the communal garden. The apartment also boasts a family bathroom. The bathroom comprises a panelled bath with shower over, WC and wash-hand basin.<br/><br/>Externally, the property hosts a communal garden as well as an allocated parking space, ample visitor parking and secure store.<br/><br/>Viewings come highly advised to fully appreciate the property on offer.<br/><br/><b>Living Room</b> - 7.03m max x 3.26m max (23'0" max x 10'8" max) - <br/><br/><b>Kitchen</b> - 3.23m x 2.69m (10'7" x 8'9") - <br/><br/><b>Bedroom One</b> - 4.43m max x 3.24m max (14'6" max x 10'7" max) - <br/><br/><b>Bedroom Two</b> - 3.66m x 3.4m (12'0" x 11'1") - <br/><br/><b>Bathroom</b> - <br/><br/><b>Eligibility</b> - You can apply to buy the home if both of the following apply:<br/>• your household income is £80,000 or less<br/>• you cannot afford all of the deposit and mortgage payments <br/>to buy a home that meets your needs<br/>One of the following must also be true:<br/>• you're a first-time buyer<br/>• you used to own a home but cannot afford to buy one now<br/>• you're forming a new household - for example, after a <br/>relationship breakdown<br/>• you're an existing shared owner, and you want to move<br/>• you own a home and want to move but cannot afford to buy a <br/>new home for your needs<br/>If you own a home, you must have completed the sale of the home on <br/>or before the date you complete your shared ownership purchase.<br/>As part of your application, your finances and credit history will be <br/>assessed to ensure that you can afford and sustain the rental and <br/>mortgage payments.<br/><br/><b>Rent</b> - If you buy a 50% share, the share purchase price will be £100,000 and the rent will be £334.97 a month.<br/><br/>The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Your annual rent is calculated as 4.02% of the remaining share of the full market value owned by the landlord.<br/><br/><b>Monthly Landlord Payment</b> - In addition to the rent, the monthly landlord payment (£242.22) includes:<br/><br/>- Communal Electricity<br/>- Estate Cleaning Services<br/>- Communal Repairs<br/>- Management Fees<br/>- Sinking Fund<br/>- Buildings Insurance<br/>- Ground maintenance<br/>- Door Entry Installation<br/>- Fire System & Mansafe Maintenance<br/>- Tv System Maintenance<br/>- Window Cleaning<br/>- Communal Internal Cleaning<br/><br/><b>Reservation Fee</b> - £250<br/><br/>You’ll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home. <br/><br/>If you buy the home, the fee will be taken off the final amount you pay on completion. If you do not buy the home, the fee is not refundable.<br/><br/><b>Additional Information</b> - The following details have been provided by the vendor, as required by Trading Standards. These details should be checked by your legal representative for accuracy.<br/><br/>Property type: Apartment, Shared Ownership<br/>Property construction: Standard<br/>Tenure: Leasehold, 99 Year Lease from 2008. Pets upon request, You can rent out a room in the home, but you must live there at the same time. You cannot sublet (rent out) your entire home unless you either: own a 100% share; or you have your landlord's permission which they will only give in exceptional circumstances<br/>Mains Electricity<br/>Mains Water & Sewage: Supplied by Wessex Water<br/>Heating Type: Gas<br/>Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker. <br/>checker.ofcom.org.uk/<br/><br/><b>Disclaimer</b> - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of <br/>representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. All measurements are approximate. Any details including (but not limited to): lease details, service charges, ground rents, property construction, services, & covenant information are provided by the vendor and you should consult with your legal advisor/ satisfy yourself before proceeding. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.<br/><br/>