Popular
Total views: 2500+
Floorplan
Map1 bedroom apartment for sale
Flax Mill Park, Devizes, Wiltshire
Chain-free
Apartment
1 bed
1 bath
513
Key information
Tenure: Leasehold | unconfirmed share | 125 yrs left
Service charge: £1,685.16 per annum
Council tax: Band A
Features and description
- No onward chain
- One-bedroom apartment in a popular residential development
- Open-plan living and kitchen area
- Neatly presented and low maintenance
- Allocated parking included
- Close to Devizes town centre and local amenities
- New 125 year lease
Shared Ownership
Available from just £28,750 for a 25% share, this one-bedroom apartment offers a fantastic opportunity to get on the property ladder in a desirable Devizes location.
Offered with no onward chain, the property comprises an entrance hall, spacious double bedroom, bright and generously sized living/dining room with a Juliet balcony, and a separate dual-aspect kitchen that remains open to the main living space. A modern family bathroom completes the layout.
Further benefits include an allocated parking space, brand-new 125-year lease, and immediate availability – perfect for first-time buyers or those seeking a low-maintenance home.
PRICING & AFFORDABILITY
Approximate Size 48 sq m
Full Market Value: £115,000
25% Share Price: £28,750 (rent £197.66pcm)
40% Share Price: £46,000 (rent £158.13pcm)
50% Share Price: £57,500 (rent £131.77pcm)
Minimum 5% Mortgage Deposit (25% share): £1,438
Approximate Service Charges: £140.43 pcm*
Lease: this property will be given a new 125 year lease
ELIGIBILITY
Local Connection to Wiltshire Required. There is a local connection clause related to this property and this means that applications can only be received from someone with connection to the local area, via work, family or currently living in the borough in accommodation that does not fit their needs. Wiltshire Council requires that any interested applicants must first register with Homes4Wiltshire
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front 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.
At Flax Mill Park you can buy a minimum 40% share of your home (the maximum you can buy initially is 50%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
* These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the apartment is ‘sold as seen’.
Available from just £28,750 for a 25% share, this one-bedroom apartment offers a fantastic opportunity to get on the property ladder in a desirable Devizes location.
Offered with no onward chain, the property comprises an entrance hall, spacious double bedroom, bright and generously sized living/dining room with a Juliet balcony, and a separate dual-aspect kitchen that remains open to the main living space. A modern family bathroom completes the layout.
Further benefits include an allocated parking space, brand-new 125-year lease, and immediate availability – perfect for first-time buyers or those seeking a low-maintenance home.
PRICING & AFFORDABILITY
Approximate Size 48 sq m
Full Market Value: £115,000
25% Share Price: £28,750 (rent £197.66pcm)
40% Share Price: £46,000 (rent £158.13pcm)
50% Share Price: £57,500 (rent £131.77pcm)
Minimum 5% Mortgage Deposit (25% share): £1,438
Approximate Service Charges: £140.43 pcm*
Lease: this property will be given a new 125 year lease
ELIGIBILITY
Local Connection to Wiltshire Required. There is a local connection clause related to this property and this means that applications can only be received from someone with connection to the local area, via work, family or currently living in the borough in accommodation that does not fit their needs. Wiltshire Council requires that any interested applicants must first register with Homes4Wiltshire
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front 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.
At Flax Mill Park you can buy a minimum 40% share of your home (the maximum you can buy initially is 50%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
* These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the apartment is ‘sold as seen’.
Property information from this agent
About this agent
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.