2 bedroom apartment for sale

Oakmere at Lantern Fields, Preston Old Road, Clifton, PR4

Shared ownership £45,000

Property Description

Key features

  • Established residential area in a rural location with local amenities, close to town centres of Lytham and Preston
  • Regular bus services to Preston giving connections to the West Coast trainline offering high speed trains to Glasgow and London.
  • Properties are highly energy efficient and benefit from gas central heating and UPVC double glazed windows throughout
  • Open Plan Lounge Dining Kitchen with contemporary gloss kitchen
  • Good sized master bedroom and generous single.Family bathroom including over bath shower
  • 10 year NHBC Guarantee - Available from March 2019
  • Allocated parking
  • Views over open countryside to rear,
  • Available on a shared ownership basis from 45,000 (45% share) to applicants with an annual houshold income not exceeding 80k
  • Priority to first time buyers, downsizers, buyers purchasing again following relationship breakdown and those selling a property to move into more appropriate housing

Full description

Lantern Fields is situated in the small, delightful village of Clifton, surrounded by open countryside yet just a stone's throw away from the glorious Fylde Coast, quickly accessed by the A584 leading directly to Lytham. Perfect for family living, the development is close to good local amenities with a wide selection of schools available in the surrounding area. High street shopping and a vibrant nightlife can be found in nearby Preston, with the small market town of Kirkham just a short drive away. The development is ideally located for commuting with the M55 and M6 just a short distance away giving direct links to the motorway network. Access to the West Coast main line rail services is available in Preston, and regular bus services operate throughout the area.

The development offers a selection of properties on a shared ownership basis this 2 bed apartment is available from a 40% share with a subsidised rent payable on the un-purchased equity. See below for examples of share amounts.

Accommodation The Oakmere

2 bed first floor apartment with individual entrances comprising

The entrance is from the side and leads to a hallway with useful storage.

Open Plan Lounge/Dining/Kitchen 19'6 x16'8" (5.95m x 5.1m)
with UPVC windows to the front and side this contemporary space provides a sociable living and entertaining space. The kitchen benefits from high gloss units.


Master Bedroom 10'8" x 12'11" (3.85m x 3.25m)
Large double bedroom with good sized double glazed window with views to the rear of the property over open countryside.

Bedroom two 9'8" x 8'10" (2.95m x 2.7m)
Again to the rear of the property this generous single provides an option for overnight guests or a study.

Bathroom 6'6" x 5'7" (1.98m x 1.7m)
Comprises of a modern white three piece suite with shower over the bath, pedestal wash hand basin and toilet, and heated towel rail.


Externally the property has an allocated parking space

Dimensions indicated are for guidance only and are not intended to be used for sizing, ordering
appliances, furniture, carpets or curtains.

Shared Ownership - How It Works And How You Start The Application Process.

Shared Ownership allows you to buy a share in a new home, ranging from 40% to 75%, depending on what you can afford. Progress Housing will own the remaining share, and you pay a reduced rent on that share.

This means that you will need a smaller mortgage to buy the property, and will also need a smaller deposit. You can buy more shares as and when you can afford them - this is called Staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all*

A service charge of £30pcm is payable for maintenance of any common areas and to cover buildings insurance. (this is to be confirmed)

As a home owner, you will be responsible for the maintenance and repairs on your home. However as it is a new build your property comes with a 10 year NHBC guarantee and many of the appliances will have a 2 year manufacturers guarantee giving you peace of mind.

You can apply to buy one of these homes by filling in an online application form on the Help to Buy North West website where the properties are listed. www.helptobuynw.org.uk
Progress Housing will undertake an affordability assessment with you and can provide details of Independent Financial Advisors who can assist with obtaining a mortgage.

Detailed below is an indication of the price of various shares and the rent payable on the unpurchased equity.

Price & Rent Calculator - Oakmere Apartment £100,000 -

40% share price £40,000 and rent of £137.50pcm
50% share price £50,000 and rent of £114.58pcm
60% share price £60,000 and rent of £91.67pcm
75% share price £75,000 and rent of £57.29pcm


Listing History

Added on Rightmove:
22 March 2019

Nearest stations

  • Salwick (0.8 mi)
  • Kirkham & Wesham (2.7 mi)
  • Preston (4.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Progress Housing

Preston Old Road, Clifton, PR4

07762 323402 Local call rate

How much will it cost me to call the number displayed on the site?

The cost of your call will vary depending on your landline or mobile phone provider and the number called. Please check with your network provider for potential costs.

Floorplans

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!st floor apartment
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To view this property or request more details, contact:

Progress Housing

Preston Old Road, Clifton, PR4

07762 323402 Local call rate

How much will it cost me to call the number displayed on the site?

The cost of your call will vary depending on your landline or mobile phone provider and the number called. Please check with your network provider for potential costs.

Map & Street View

Nearest stations

  • Salwick (0.8 mi)
  • Kirkham & Wesham (2.7 mi)
  • Preston (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Progress Housing

Preston Old Road, Clifton, PR4

07762 323402 Local call rate

How much will it cost me to call the number displayed on the site?

The cost of your call will vary depending on your landline or mobile phone provider and the number called. Please check with your network provider for potential costs.

Disclaimer - Property reference Lantern20b. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Progress Housing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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Map data OpenStreetMap contributors.