Great Whip Street, Ipswich, IP2

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

Agent: Purplebricks - Covering Suffork Phone: 01473 979048

The Property<br/>A fantastic opportunity to purchase this well-presented two bedroom apartment situated within the popular Avalon Court development, conveniently located close to Ipswich town centre and waterfront amenities. Offered for sale either as a 35% shared ownership property (subject to eligibility) or at 100% ownership, this home provides flexible purchasing options for a range of buyers.<br/><br/>The apartment features a spacious and light-filled lounge with access to a private balcony enjoying stunning city views, creating the perfect space for relaxing or entertaining. There is also a separate modern fitted kitchen offering ample storage and workspace.<br/><br/>Both bedrooms are generously sized, while the contemporary bathroom is finished to a good standard. Additional benefits include fitted blinds throughout, a secure fob entry system, secure underground parking, and access to a communal roof terrace.<br/><br/>Ideal for first-time buyers, professionals, or investors alike, this attractive apartment combines modern city living with comfort and convenience in a sought-after Ipswich location.<br/><br/>Shared Ownership<br/>The property is available to purchase at 35% shared ownership, if you wish to apply you must meet the following criteria and for more information please [use Contact Agent Button]<br/><br/>• Be at least 18 years old<br/>• Have an annual household income of less than £90,000 (if your property is within<br/>London)<br/>• £80,000 (if your property is outside of London)<br/>• Be first time buyers or if they do already own a home, they must be in the process <br/>of selling their property and at the point of exchange. <br/>• Be able to demonstrate that they have a good credit history (no bad debts or County <br/>Court Judgements) and can afford the regular payments and costs involved in <br/>buying a home<br/>• Satisfy the affordability assessment carried out by our appointed Independent <br/>Financial Advisor, using no more than 45% of their net monthly income (minus <br/>commitments) on their housing costs. <br/>• Satisfy the compliance checks which is an important step to ensure we meets the <br/>necessary standards and regulations<br/>They will need to provide the following documents to our appointed Independent Financial <br/>Advisor. If they are buying with a friend or partner, we will need copies of their documents <br/>too:<br/>▪ Photo page of valid passport (and visas if applicable).<br/>▪ Payslips covering the last six consecutive months and latest P60 for employed <br/>applicants or the last three years of audited accounts and SA302 forms with <br/>accompanying Tax Year Overview from the HMRC for self-employed applicants.<br/>▪ Itemised bank statement covering the last six consecutive months. This should <br/>show salary and rental payments.<br/>▪ Proof of savings or gift accompanied by evidence of available funds that must be <br/>sufficient to cover buying costs and a mortgage deposit.<br/>▪ Current loan and credit card statements covering the last six consecutive months (if <br/>applicable). <br/>▪ Two proofs of residential address e.g. utility bill, council tax bill, driving license etc. <br/>Please note mobile phone statements are not acceptable<br/><br/><b>Property ownership information</b><br/><br/>Tenure: Shared ownership<br/><br/>Percentage share owned: 35%<br/><br/>Additional monthly rent: £335.34<br/><br/>Ground rent review period: No review period<br/><br/>Service charge review period: No review period<br/><br/>Lease end date: 30/09/2138<br/><br/>Property Description Disclaimer<p>This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.</p><p>Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.</p><br/>