1 Bed Apartment For Sale

New 1 and 2 bedroom apartments available with Shared Ownership. Contact our Home Sales Team for more information.



The Hourglass is a 1-bedroom apartment and is available to purchase with Shared Ownership. £72.500 is for a 50% share, the full purchase price of plot 22 is £145,000



Council tax band TBC.



Dimensions

Kitchen - 9'4" x 7'7"

Living/dining - 18'1" x 11'11"

Bedroom - 12'6" x 11'11"

Bathroom - 5'10" x 7'7"



Livv Homes - Inspired Living Shared Ownership*

Shared ownership means you buy a share in a new home, ranging from 10% to 75%, depending on what you can afford. We own the remaining share, and you pay a reduced rent on that share.

You'll need to secure a mortgage or have the cash available for the value of the share you're purchasing. You only need a minimum of 5% of the share you're purchasing for your deposit if you're getting a mortgage.



You'll qualify for Inspired Living if:

* you're over 55 and your household earns £80,000 a year or less

* you're a first-time buyer or existing shared owner moving to another shared ownership home

* or you've previously owned your own home but need support to buy one now (this could be financially or due to current needs)

* the household income is sufficient to cover the mortgage (if applicable), rent, utility bills etc, alongside a minimum agreed disposable income

* the shared ownership property you've chosen is affordable and sustainable for you.



Buying more shares

You can buy more shares as and when you're ready. The more shares you buy the less you'll pay in rent. With Inspired Living you can own up to 75% of your home and when you reach 75% you won't pay rent on the remaining share. The cost of extra shares will depend on the current market value of your home at the time you wish to buy them.



This is the Older Persons Shared Ownership Government scheme for people over the age of 55.



Images are representational only, the layouts may vary per plot, computer generated images and floor plans are for illustrative purposes only. They depict a typical layout and the style of the individual plot and do not constitute a contract or warranty. Features and finishes may vary plot to plot. For exact specification please contact the sales team. All dimensions are approximate, and you should undertake your own measurements before ordering any flooring, fixtures or furniture. Shared Ownership is available on selected plots and subject to terms and conditions.