Great Whip Street, Ipswich, Suffolk, IP2

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

Agent: Abbotts - Ipswich Phone: 01473 979138

A fantastic opportunity to call this 2 bedroom 25% shared ownership apartment your own in a fabulous riverside location in Ipswich. <br/><br/>The 8th floor apartment is presented beautifully, with owners having lovingly modernised and maintained the home over the last decade, installing new shutters and blinds, fitting a bespoke range of wardrobes to bedroom 1, and a new kitchen suite 2/3 years ago. <br/><br/>The home is accessed via a secure lift system through the communal area, to the private front door. The hallway provides access to the modern kitchen, open plan living room/diner, which boasts a lovely balcony overlooking the town and river. There is a communal rooftop garden for residents to enjoy.<br/><br/>With two generous double bedrooms, handy storage cupboards and the modern bathroom, the apartment offers excellent space for someone to call home. There is allocated residents parking, and visitor permit parking for guests.<br/><br/>*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home. <br/><br/>Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these. <br/><br/>The total rent to pay at the start of the lease is based on the percentage of the remaining share of the market value you did not pay for. If you buy more shares in your home, the rent will go down.<br/><br/>