1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (992 years remaining)
- Top floor apartment.
- Westerly facing with far reaching views.
- Private, not overlooked.
- 10 minute walk to high street and all amenities.
- 8 minute walk to the train station.
Annual service charge approx £1600
Ground rent annual charge £180
Council tax band A
This elegant and modern top floor apartment has far reaching views with its west, east and south facing windows, a bright open plan kitchen and sitting/dining room for informal relaxation, along with a double aspect bedroom and luxury bathroom. There’s also the added convenience of a hallway storage cupboard to tidy away any clutter.
This property is a ‘Discounted Open Market’ home. That means the asking price you need to pay on day one to buy your share is capped at an affordable level. The property has a simple price cap – you own 100% of the property but its price is capped at 70% of market value to you now, and you would have to sell it at 70% market value when you come to sell in the future.
Certain criteria applies to purchase this home as stated by Cotswold District Council, including the following –
• You will own 100% of the property but its price is capped at 70% of market value and you would have to re-sell it at 70% of market value.
• Applicable to eligible applicants who live and/or work in, or have a family connection to the administrative area of Cotswold District Council.
• You must be at least 18 years old
• You must have an annual household income of less than £60,000
• You must reside in the home as your permanent home
• You must be able to evidence by way of mortgage offer or principle that you would be unable to afford the property’s full market value
• You must be able to demonstrate a good credit history and be able to afford the regular payments and costs involved in buying a Discounted Open Market home.
• Meeting one or more of the following criteria (in priority order) prior to his proposed occupation, namely that the person:
I. Has a local connection with the Parish; then
ii. Has a local connection with the surrounding area; then
iii. Has a local connection with the administrative area of the Cotswold District Council; then
iv. Is in general housing need i.e unable to access suitable housing without financial assistance.
For further details please speak to our Sales Advisor.
For all enquiries, viewing requests or to create your own listing please visit the Griffin Property Co. website.
Rooms
Kitchen/Dining/Living 4.19m x 5.52m (13ft 8in x 18ft 1in)
Open and bright space with its westerly facing windows and far reaching views.
Fully fitted kitchen with freestanding fridge/freezer, washing machine, dishwasher, electric oven, abstractor and gas hob.
Bedroom 3.03m x 3.65m (9ft 11in x 11ft 11in)
Bright and airy with dual aspect south and westerly facing windows.
Fitted double wardrobe with full length sliding door mirrors.
Television point.
Loft access.
Bathroom 2.06m x 2.02m (6ft 9in x 6ft 7in)
White Roca bathroom suite with a double headed shower and retractable shower screen.
Porcelanosa tiling throughout and a chrome wall fitted radiator.
Places of interest
Griffin Property Co - Chelmsford
Marsh House Farm, Lower Burnham Road Latchingdon, Chelmsford, Essex CM3 6HQ
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Broadband availability and predicted speed: obtained from Ofcom on November 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on November 4, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 16, 2018 from 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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