Walrow Road, Highbridge

SUMMARY
SHARED EQUITY! - A stylish new 2-bedroom en-suite apartment forming part of an exclusive collection of contemporary homes on the outskirts of Burnham-on-Sea. The property features an open-plan kitchen, dining and living area, alongside attractive, high-quality specifications.


DESCRIPTION
Plot 16, A substantial 2-bedroom first floor apartment situated within The Henley Way Development, Highbridge which is an exclusive new community of homes ideally positioned on the outskirts of Burnham-on-Sea. This contemporary apartment has been thoughtfully designed to provide comfortable and convenient modern living. The heart of the home is the impressive open-plan kitchen, dining and living space.
The apartment benefits from two well-proportioned bedrooms, with the main bedroom serviced by it's own en-suite, plus there is a stylish bathroom. The apartment will feature attractive finishes and quality specifications carefully selected throughout. Outside, allocated to the property, is carport parking.

100% Market Value: £175,000
80 Sahre: £140,000

Own the home you love for a fraction of the upfront cost with our exclusive shared equity properties. Through a shared equity scheme, you secure 100% ownership of your new home from day one, but you only need to fund a portion of the purchase price, 80%, via your deposit and a standard mortgage. The remaining balance is covered by an equity loan, which means your required down payment is dramatically reduced and you gain access to much lower monthly mortgage rates. There is no monthly rent to pay on the equity loan, allowing you to enjoy the full stability and financial upside of homeownership while keeping your monthly living costs highly manageable.

Further Information 
Loan Terms and Interest Fees
- Interest-free period: 8 years
-Fee escalation: The interest fee will be starting in year 9 and will be 4% of the developers retained interest. This will remain the same for years 9&10 and then index linked.
- Repayment triggers: The equity loan must be repaid either at the end of the loan term (25 years) or when the property is sold-whichever comes first.
-Service charges and Ground rent: The ground rent is £10pa, insurance (to follow but anticipated at £380pa) and service charge is £525pa.
-Subletting rules: shared equity homes almost always prohibit subletting; the buyer must occupy the property as their main residence.

Location 
This is a development of apartments and houses which are located perfectly for first-time buyers and families alike, in the sought after location of Highbridge, Somerset.

Highbridge offers a variety of shops, public houses, restaurants, Asda supermarket and a mainline railway link. There is also a bus service to Weston super Mare, Bridgwater and Taunton. The seaside resort of Burnham on Sea is some two miles away providing a good variety of town amenities, further supermarkets, bank, newsagents, bakers, chemists, sea front and a good choice of leisure facilities including sport centre, cinema, indoor swimming pool and golf course. The M5 interchange at Edithmead is some two miles away and gives easy access to the Southwest, Bristol, Taunton, Exeter and the M4 corridor, close to local amenities:

Located on the fringes of Highbridge
Near proximity to the M5 Junction 22 interchange
A great option for those who love the great outdoors - easy access into countryside

Why Buy New?  
Stephen our Regional New Homes Partner says "A brand-new home offers buyers a level of quality, efficiency and peace of mind that older properties simply can’t match. Everything is fresh, unused and built to modern standards, meaning superior insulation, lower running costs and far fewer maintenance worries in the early years. Buyers can often personalise finishes, choose layouts or upgrade specifications, creating a home that truly suits their lifestyle from day one. With the added reassurance of a 10-year structural warranty and the latest building regulations for safety and energy performance, purchasing new isn’t just convenient — it’s a smart, future-proof investment that delivers comfort, reliability and long-term value."

Please Note  
We will endeavour to use the photographs of the actual property but may also show pictures of the show home, similar plots and/or computer generated images. Our virtual/360 tours will be of the development show homes. Floorplan images may be handed. Digitally dressed images used.

Reservation Fee Applies


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.