* Leasehold
* Guideline Minimum Deposit £7, 500
* Guide Minimum Income £19. 3k (Dual) £22. 6k (Single)
* Second Floor
* Approx. 396 Sqft Gross Internal Area
* High Performance Glazing
* Open Plan Kitchen/Reception Room
* Parking Space
* Leisure Centre and Nature Reserves Nearby
Shared ownership (Advertised price represents 50% share. Full market value
£150, 000). This smartly - presented apartment forms part of a converted office
complex approximately four miles south of Bristol city centre. The property is
on the second floor and has a twenty - foot reception room with attractive
flooring and an open - plan kitchen area featuring integrated appliances. There
is a good - sized bedroom and a sleek, modern bathroom. Well insulated walls and
high performance glazing make for a good energy - efficiency rating. There is a
leisure centre close by and the Hengrove Mounds and Hawkfield Meadows nature
reserves provide pleasant outside space to enjoy. The apartment comes with use
of an off - street parking space.
**Interested parties are required to complete the shared ownership common
application form
**
**[]**
(Please note the minimum income and deposit requirements for eligibility. You
do not need to request a viewing separately once you have completed the
application form. )
_Housing Association: _ Heylo. Heylo Housing requires that all applicants must
have Permanent rights to reside in the UK.
_Tenure: _ Leasehold (250 years from 2020).
_Minimum Share: _ 50% (£75, 000).
_Shared Ownership Rent: _ £184. 83 per month (subject to annual review).
_Service Charge + Management Fee: _ £102. 91 per month (subject to annual
review).
_Guideline Minimum Income: _ Dual - £19, 300 Single - £22, 600 (based on minimum
share and 10% deposit).
_Council Tax: _ Band A, Bristol City Council. Priority is given to applicants
living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing
association does not warrant to carry out any remedial or redecoration work of
a cosmetic nature unless specifically advised in writing. As a general rule,
fitted domestic appliances are included in the sale; non - fitted appliances are
not. If you require confirmation, you must request this in writing from Urban
Moves. The information in this document supersedes any information given
verbally either in person or by telephone.
_What is shared ownership ?_
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
_Is shared ownership for you ?_
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
Second Floor
Entrance Hall
Reception
20' 9" max. X 10' 0" max. (6. 32m x 3. 05m)
Kitchen
included in reception measurement
Bathroom
Bedroom
9' 8" x 8' 8" (2. 95m x 2. 64m)

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