TENURE: Leasehold
SHARED OWNERSHIP Two bedroom apartment available to purchase from a 50% share at 62,475 with a deposit of 3,124. Full market value 124,950. Call today to arrange your viewing of this stunning home!
These stylish apartments are an ideal choice for first time buyers or young professionals wishing to get on the property ladder.
Constructed to the highest specifications these apartments are built with practicality in mind and include large lounge/dining, adjoining kitchen, two good sized bedrooms and three piece bathroom.
Financial Breakdown:
Full market value: 124,950
50% share value: 62,475
5% deposit: 3,124
Rent charged on un-owned share: 2.75%
Rent on un-owned share (50%) 143.17
Estimated annual service charge: TBC
Cedar Place offers excellent local amenities, including Ofsted rated 'outstanding' schools. Barton is also within easy driving distance of the delightful market town of Garstang, the historic village of Broughton, and Bilsborrow - home to popular Guys Thatched Hamlet and world renowned Myerscough College.
Local landmarks such as the Trough of Bowland and Ribble Valley are just minutes away to the east of the development with the Lake District less than an hour away, and the popular coastal resorts of Lytham and St Annes approximately 30 minutes driving distance.
Cedar Place is well placed for easy commuting to all parts of the North West and beyond, with access to the motorway network just minutes away with the opening of the new Broughton bypass, and Preston railway station - the central point on the West Coast Main Line - just six miles from the development.
The city of Preston with its bustling high street, is a shoppers paradise, with all major high street retailers represented alongside an abundance of smaller independent outlets. Major retail parks can also be found dotted around the outskirts. Preston also boasts a vibrant social and cultural scene, with an array of energetic pubs and bars, chic cafes and restaurants, theatres and nightclubs.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change
