Saxton, The Avenue

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

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

<strong></strong> <strong></strong> Set within a secure gated development, this bright and beautifully presented fourth floor apartment is offered chain free with the opportunity to purchase outright at 100% ownership via simultaneous staircasing on completion, subject to the necessary approvals and any applicable fees.<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 allocated parking space, on-site gym, beautifully maintained communal grounds and a caretaker service.<br/><br/>The property is currently held on a 40% shared ownership basis, however buyers may have the option to purchase the full 100% ownership on completion by simultaneously staircasing, meaning no rent would be payable following completion. This makes the apartment an excellent opportunity for buyers seeking full ownership in a well-maintained development with strong amenities and outdoor space. <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. <br/><br/><strong>MATERIAL</strong> <strong>INFORMATION</strong> <strong></strong> <strong></strong> Ground rent: £205 per annum, reviewed every 10 years by RPI, next review due January 2030<br/>Service charge: £2,427.56 per annum<br/>Parking space service charge: £87.76 per annum<br/>Lease term: 150 years less 15 days from and including 19th October 2009<br/>Parking lease 150 years from 2009<br/>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, <br/><br/><strong>SHARED</strong> <strong>OWNERSHIP</strong> <strong>/</strong> <strong>STAIRCASING</strong> <strong>INFORMATION</strong> <strong></strong> The property is currently owned on a 40% share.<br/><br/>40% share price: £58,000<br/>Rent payable on the remaining 60% share: £248.03 per month<br/><br/>There is the option to purchase the property at 100% ownership, subject to the relevant shared ownership and staircasing process. Where the property is purchased at 100%, no rent is payable, although the service charge and ground rent remain payable.<br/><br/>Ground rent: £205 per annum, reviewed every 10 years by RPI, next review due January 2030<br/>Service charge: £2,427.56 per annum<br/>Parking space service charge: £87.76 per annum<br/>Lease term: 150 years less 15 days from and including 19th October 2009<br/><br/>Eligibility criteria may apply for buyers purchasing a shared ownership share through Places for People.<br/><br/>In order to buy a home under a Shared Ownership scheme, buyers will need to meet the eligibility requirements and pass affordability checks.<br/><br/>You usually need to have a household income of under £80,000 per year, or £90,000 in London, and be unable to afford a suitable home through a standard deposit and mortgage.<br/><br/>You will usually also need to meet one of the following requirements:<br/><br/>Be a first-time buyer;<br/>Not currently own a home, or be unable to afford to buy a home that meets your needs through a standard purchase; or<br/>Already own a home, including through Shared Ownership, and wish to sell your current home.