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About this property

TENURE: To be advised

  • New Homes

SHARED OWNERSHIP Two bedroom apartment available to purchase from a 40% share at 96,000 with a deposit of 4,800. Maximum amount available to purchase initially is 75%. Full market value 240,000. A great opportunity to get onto the property ladder and live in this contemporary spacious two bedroom apartment.

The Apartment

This first floor apartment has an open plan kitchen, lounge, dining area with large windows. The matte grey kitchen includes Zanussi integrated fridge/freezer, oven, hob and integrated hood with coordinating worktops and upstand.

The bathroom has large format half height tiling, bath with thermostatic shower and glass shower screen with a chrome heated towel rail.

Each apartment is has a combination boiler and video entry system. There is a parking space allocated to each home and a bike store at ground level.

Local Area

Bury St Edmunds is an historic gem with a richly fascinating heritage - the striking combination of medieval architecture, elegant Georgian squares and glorious Cathedral and Abbey Gardens provide a distinctive visual charm. With prestigious shopping, an award-winning market, plus a variety of cultural attractions and fine places to stay, Bury St Edmunds is under two hours from London and very convenient for Cambridge, Ipswich and Norwich.

Financial Breakdown

Full market value: 240,000

40% share value: 96,000

5% deposit: 4,800

Rent charged on unowned share : 2.75%

Rent on unowned share (40%) : 330.00 per month

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Legal and General Affordable Homes

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

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    Bury St. Edmunds, IP32 2 bedroom upper floor flat
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    Your information is being collected and processed by Countrywide for the purposes of providing the service and/or products you have requested. Personal data will be processed in accordance with the Data Protection Act 2018 and all other applicable data protection law and regulation, such as the General Data Protection Regulation. We may market products and services to you under the lawful basis of legitimate interests. Should you not wish to receive any unsolicited marketing from us you have the right to object to this processing by emailing privacy@countrywide.co.ukFull details of how we process your information can be found in our website Privacy Notice. A printed copy of our Privacy Notice is available on request. If you need to discuss how your information is being processed, please contact us at privacy@countrywide.co.uk.

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Agent details

Abbotts Countrywide Bury St Edmunds

  • 1 Risbygate Street
  • Bury St. Edmunds
  • Suffolk
  • IP33 3AA
Phone IconIcon set Phone 01284 220 170

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