£42,000
2 bed flat for saleGreat Whip Street, Ipswich, Suffolk IP2
2 beds
1 bath
1 reception
EPC Rating: C
Shared ownership
Leasehold
About this property
Lateral living
*shared ownership option 30% minimum*
A beautifully presented modern 7th floor 2 double bedroom apartment with private balcony, secure underground carpark and easy access to town.
The stunning apartment has been lovingly maintained by the current owners and offers generous accommodation and communal rooftop garden.
The home is accessed via a secure lift system through the communal area, to the private front door. The hallway provides access to the light filled living room which boasts a lovely balcony overlooking the town and river. With separate kitchen, family bathroom and two generous bedrooms, the home would be ideal for couples looking for their first home or as a fantastic investment for a landlord looking for a home needing no work.
With secure fob access underground parking space and easy access to town, the train station and a variety of local amenities, the home is ideally located for those wanting convenient access to everything they'd need.
The property is currently owned on a shared ownership basis and is available to buy as either 30% or fully outright at 100% from the housing association.
Lease 125 Years from 1st October 2013
Service Charge - £3,850.00 per annum
Ground Rent - £200 per annum
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
The total rent to pay at the start of the lease is based on the percentage of the remaining share of the market value you did not pay for. If you buy more shares in your home, the rent will go down.
A beautifully presented modern 7th floor 2 double bedroom apartment with private balcony, secure underground carpark and easy access to town.
The stunning apartment has been lovingly maintained by the current owners and offers generous accommodation and communal rooftop garden.
The home is accessed via a secure lift system through the communal area, to the private front door. The hallway provides access to the light filled living room which boasts a lovely balcony overlooking the town and river. With separate kitchen, family bathroom and two generous bedrooms, the home would be ideal for couples looking for their first home or as a fantastic investment for a landlord looking for a home needing no work.
With secure fob access underground parking space and easy access to town, the train station and a variety of local amenities, the home is ideally located for those wanting convenient access to everything they'd need.
The property is currently owned on a shared ownership basis and is available to buy as either 30% or fully outright at 100% from the housing association.
Lease 125 Years from 1st October 2013
Service Charge - £3,850.00 per annum
Ground Rent - £200 per annum
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
The total rent to pay at the start of the lease is based on the percentage of the remaining share of the market value you did not pay for. If you buy more shares in your home, the rent will go down.
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Monthly repayment
£210 per month
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More information
Tenure
Leasehold (112 years)
Service charge
£3,850 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review
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