No longer on the market
This property is no longer on the market
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Floorplan
Map
Area stats2 bedroom apartment
Key information
Features and description
- 2 Bedrooms
- Entrance Hall
- Open Plan Living/Dining/Kitchen
- Bathroom
- Parking
This stunning apartment is being sold through the Discount Market Sale (DMS) scheme and is one of five two bedroom apartments.
Apartment 3 is located on the first floor and briefly comprises: Communal entrance hallway shared with apartment 5. Private entrance hallway, open plan living/dining/kitchen, two bedrooms and a bathroom. Externally the apartment has communal gardens and a single allocated driveway.
Aidan Gardens is well positioned within easy reach of a good range of everyday shops, post office, public library and doctors surgery which are all available within the development itself. More comprehensive shopping and recreational facilities and amenities are available within Durham City centre which lies approximately 3 miles distant. Belmont is also well placed for commuting purposes being just off the A(690) Durham to Sunderland Highway and the A1(M) Motorway which provides good road links to both North and South.
For more informaiton on the Discounted Marketing Scheme please call us on[use Contact Agent Button].
UNDER THE SCHEME RULES THIS PROPERTY IS NOT SUITABLE FOR PROPERTY INVESTORS.
Rooms
Entrance Hall
Entrance door.
Open Plan Living/Dining/Kitchen
Two double glazed windows and fitted wall and base units with coordinating work surfaces, sink unit, integrated oven, integrated hob and integrated fridge freezer.
Master Bedroom
Double glazed window.
Bedroom Two
Double glazed window.
Bathroom
Three piece suite comprising panelled bath, low level WC and wash hand basin.
Parking
One allocated space per apartment.
EPC Rating
B
Council Tax
Band B
What is a Discount Market Sale (DMS) scheme?
A DMS scheme allows a buyer who meets eligibility criteria to purchase a property with a discount from the open market value. The percentage discount can vary from site to site and is set via a Section 106 Agreement between the developer and the local authority. For example, a house valued at £100,000 on the open market may be sold at a discount of 25% meaning the property would be offered to eligible applicants for £75,000. When you buy the property you will own 100% of it but when you sell the property you must do so on the same terms offering the same level of discount you received to the next purchaser. This will ensure the property remains affordable.
Who can apply for the scheme?
The scheme is for people who are unable to afford to buy a property
from the open market. As mentioned above the eligibility criteria
can vary but will generally include criteria such as:
• Your income must be such that you cannot afford to buy a
property at open market value in the area, typically a household
income of less than £60,000.
• You must have a local connection to the area – meaning that
you must have lived in the area recently or have a family
member who needs your care and support living in the area.
• You must be employed within the area.
• You must not have a financial interest in any other residential
property.
How do I apply to be accepted on the scheme?
We will assist you in completing the application form and will then send it to the Council for approval. Once the Council has confirmed your eligibility you can proceed to completion of the purchase of the property by arranging your mortgage and instructing a solicitor. If your
circumstances change prior to exchange of contracts you should inform us.
Leasehold
Years remaining on lease : 993 years.
Service Charge: £40.00 a month that covers building insurance window cleaner every five weeks and the front gardens cut.
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