£132,000
1 bed flat for saleLiberty Road, Portland DT5
1 bed
1 bath
1 reception
EPC Rating: D
About this property
75% Shared Ownership Apartment
One Large Double Bedroom
Allocated Parking for One Car
Pleasant Outlook Over Green Space, and Some Harbour Views
Integrated Appliances to Kitchen
Ground Rent, Service Charge and Rent of £309 p/m
Well Presented Throughout
No Forward Chain
In a Modern, Well Kept Block
Communal Garden
Enjoying a highly convenient position just moments from Portland Marina and the excellent selection of cafés, restaurants and everyday amenities available within Fortuneswell, this beautifully presented one bedroom shared ownership apartment offers an exceptional opportunity for first-time buyers, downsizers or those seeking an affordable route onto the property ladder. Benefitting from a 75% share, allocated parking, and attractive views across neighbouring greenspace, the property combines practicality with light-filled modern living.
Accessed via a secure communal entrance, stairs rise to the first floor where the apartment's private entrance door opens into a welcoming and generously proportioned hallway. Offering ample space for coats and footwear, the hallway also features a substantial airing cupboard and provides access to all principal rooms.
The heart of the home is the impressive open-plan lounge, kitchen and dining area, a wonderfully bright and sociable space enhanced by two large west-facing windows that flood the room with natural light throughout the afternoon and evening. The contemporary kitchen is fitted with a range of attractive light grey wall and base units complemented by oak-effect work surfaces and stylish chrome fittings. Integrated appliances include a fridge freezer, electric oven, inset hob, extractor hood and washer dryer, creating a sleek and functional environment for modern-day living.
Positioned to the rear of the apartment, the spacious double bedroom is equally well-proportioned and benefits from two further west-facing windows. The room comfortably accommodates a double bed alongside substantial bedroom furniture, offering excellent space rarely found in comparable apartments.
Completing the accommodation is a freshly decorated bathroom, fitted with a panel-enclosed bath with shower over, pedestal wash hand basin and WC.
Presented in excellent condition throughout and occupying a sought-after location close to the waterfront, this superb apartment offers a fantastic blend of comfort, convenience and value, with the added benefits of allocated parking, green space views and shared ownership affordability.
Open Plan Lounge Kitchen (4.45 x 5.42 (14'7" x 17'9"))
Bedroom (5.9 x 3.4 narrowing to 2 (19'4" x 11'1" narrowing)
Bathroom (1.95 x 2.15 (6'4" x 7'0"))
Additional Information
The following details have been provided by the vendor, as required by Trading Standards. These details should be checked by your legal representative for accuracy.
Property type: Flat
Property construction: Standard
Tenure: Leasehold
Mains Electricity
Mains Water & Sewage: Supplied by Wessex Water
Heating Type: Electric
Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Lease
The vendor has advised us the property has a 125 year lease from 2019, with approximately 119 years remaining and that they pay £309 per month to include rent on the remaining 25% share & service charge.
Shared Ownership Criteria
To qualify for shared ownership, please read below criteria, outlined by Places for People .
O Council tenants and housing association tenants.
O Those who can avoid the need for social tenancies, for example those on housing waiting lists and considered by Local Authorities to be in priority housing need
o Those that will address housing problems in local and regional housing markets, for example key workers and then other first time buyers
o We will consider applications from people who have previously owned their own home if they:
- previously owned a home with a partner and that relationship broke down.
- need to move into an area because of their job and are unable to afford to buy outright.
- are shared owners whose income has fallen and they could only stay as home owners by moving to a smaller, cheaper home.
- are shared owners whose family has grown but who are still unable to afford to buy outright.
And the applicant must meet all of the following criteria:
O In the opinion of Places for People can afford to purchase the property and sustain ongoing housing costs.
O Have savings or access to funds that will cover the initial costs of buying, such as mortgage product fee; legal fees; survey and valuation fees; deposit on exchange of contract; and stamp duty.
O Be in permanent or fixed term employment.
O Aged 18 or over.
O Have a bank account
o Have a maximum annual income of £80,000 (or, in London £90,000).
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. In some instance, virtual staging and virtual enhancements are used. Intending purchasers should not rely on any photos or descriptions as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. All measurements are approximate. Any details including (but not limited to): Lease details, service charges, ground rents, property construction, services, & covenant information are provided by the vendor and you should consult with your legal advisor/ satisfy yourself before proceeding. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Mortgage calculator
£660 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (113 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review



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