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Paignton Square, Bristol, Somerset, BS4
Fixed price £97,500 sstc- 1 Bed
- 1 Bathroom
- 1 reception
*50% Shared ownership scheme*
A fantastic opportunity has arisen for anyone looking to step onto the property ladder with this shared ownership home. Situated in a modern development built in 2016, this ground-floor apartment offers the perfect blend of convenience and comfort. The property is ideally located next to a park.
This apartment features an open-plan lounge and kitchen area, a well-proportioned bedroom that comfortably fits a double bed, a spacious hallway, and a family-sized bathroom complete with an over-bath shower. Additional perks include an allocated parking space and a designated area for bike storage, making it a practical choice for modern living.
Share Purchase Price and Rent Examples
The share purchase price is calculated using the full market value and the percentage share purchased.
If you buy a 50% share, the share purchase price will be £97,500 and the rent will be £198.94 a month.
Your annual rent is calculated as 2.45% of the remaining share of the full market value owned by the landlord.
Monthly payment to the landlord
In addition to the rent above, the monthly payment to the landlord includes:
Service charge £48.22
Buildings insurance £9.77
LiveWest Management Charge £15.00
Reserve fund payment £20.83
Total monthly payment excluding rent £93.82
(these are subject to change during the purchase process)
Reservation fee
£500.00
You’ll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home.
If you complete on the purchase of your home, the reservation fee will be added to your rent account. If you or the seller withdraw from the sale the £500 will be refunded.
Location
Useful calculators
The monthy payment is shown as a guide only.
The actual
amount you will have to pay each month could be more or
less than this figure.
