2 Bedroom Apartment

Shared Ownership Opportunity - 25% Share Available

Are you looking for a shared ownership property? This modern two-bedroom apartment offers the opportunity to purchase a 25% share in a well-presented home, ideally located for convenient family living and commuting.

Situated on the middle floor, the apartment features a welcoming entrance hallway providing access to all rooms. The spacious open-plan living, dining, and kitchen area creates an ideal space for relaxing and entertaining. There is a generous principal bedroom, a second large double bedroom, and a contemporary family bathroom.

Externally, the property benefits from an allocated parking space to the front of the apartment building.

Location

Celtic Close is ideally positioned within easy reach of Pinhoe Train Station, local parks, and a variety of supermarkets. The property also falls within the sought-after catchment area for Monkerton Primary School, making it particularly appealing to families. Excellent transport links and convenient access to the M5 provide easy connections in and out of Exeter.

Shared Ownership Eligibility

Applicants will need to meet the qualifying criteria for shared ownership. Before arranging a viewing, please ensure you satisfy the following requirements:

Gross household income of less than £80,000 per annum.
If applicable, a memorandum of sale confirming your existing property has been sold.
Confirmation that you are unable to afford to purchase a suitable property on the open market.
Evidence of a sufficient deposit and funds available to cover associated purchase costs.

Please contact us for further information regarding eligibility and the application process.

Rent: £376.43
Building Insurance: £12.72
Service Charge: £80.31
Sinking Fund Contribution: £3.87

Total monthly charge: £473.33.

Council Tax Band: A
Tenure: Leasehold (118 years)
Service Charge: £96.9 per month
Shared Ownership: 25% being sold, £376.43 per month rental payments
The property is held on a 125-year lease from 2019, with approximately 118 years remaining at the date of instruction.
The maintenance charge includes service charge, building insurance and the reserve fund payment.

Maintenance charge includes building insurance.