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Farnborough Road, Locking, Weston-super-Mare, Somerset, BS24

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

***SHARED OWNERSHIP - 40% SHARE***

One bedroom ground floor flat available to purchase from a 40% share from £72,000 with a minimum 5% mortgage deposit of £3600. Call today to arrange your appointment to view.

Example:
Full Market Value: £180,000
40% Share Price: £72,000
Rent on un-owned share £73.47 PCM
Service charge £362.50 PCM
Estate charge £0.00
Buildings insurance £9.91 PCM
LiveWest Management Charge £15.00 PCM
Reserve fund payment £0.00

THERE IS A LOCAL AREA RESTRICTION AS TO WHO CAN BUY THIS PROPERTY, PLEASE CONTACT US TO DISCUSS.

You may purchase a higher share should you qualify to.

This one bedroom ground floor apartment is located in Farnborough Road on the popular Locking Parklands estate. The property benefits from a spacious open plan living room/kitchen area with fitted units and space for all appliances. From the living room area there is an outside terrace overlooking green space which is perfect for the summer evenings. There is a generous double bedroom and a contmeporary bathroom. Further benefits include ample storage in the hallway, double glazing and gas central heating. There is also allocated off road parking.

*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.



COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Farnborough Road, Locking, Weston-super-Mare, Somerset, BS24

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About Palmer Snell, Worle

181 High Street, Worle, Weston-Super-Mare, Somerset, BS22 0JS
Industry affiliations:

Palmer Snell has been a trusted property agent in the South West since 1811, offering a full range of services, including sales, lettings, mortgage advice and surveys. With over two centuries of experience, we combine expert knowledge with a personal touch to meet your property needs.

Affordability

Monthly repayments£362
Property: £ 72,000
Deposit: £ 7,200
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference WOR260125. 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 Palmer Snell, Worle. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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