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Shared ownership
£145,000

2 bedroom flat for sale

Backfields, Bristol, BS2
Featured
Added today
Flat
2 beds
1 bath
EPC rating: C
Added today
Karri - Find out how much you could borrow

Key information

TenureLeasehold | unconfirmed share | 81 yrs left
Council taxAsk agent
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Shared Ownership
  • Central
  • 2 Bedrooms
  • Balcony
  • Allocated Parking
  • Great FTB
SHARED OWNERSHIP two bedroom flat available to purchase at a 50% share from £290,000 with a minimum 5% mortgage deposit of £7500. Call today to arrange your appointment to view.

City Centre living with this 2 bedroom 3rd floor apartment with designated off road parking. The accommodation briefly comprises entrance hall, open plan living room/kitchen with balcony, 2 bedrooms and a bathroom.

This modern development is positioned at the western end of City Road, close to the popular and arty Stokes Croft area, home to many popular cafes, bars and restaurants as well as several office and work spaces for Bristol-based companies. Well-regarded restaurants are just minutes away and several yearly events and festivals also happen in this area, drawing big crowds and giving the area its bustling reputation. The area has undergone a lot of development in recent years with great investment into high quality residential and commercial conversions and constructions. Available to residents of this area is the proximity to Bristol City Centre but also the sense of community of the local neighbourhood and the nearby independent shops and restaurants of Cheltenham Road and Picton Street in Montpelier. Beyond Cabot Circus, Bristol Temple Meads is within a fifteen-minute walk, as is the popular area of Bristol's Harbourside and the industry and employment centred here. The property is well positioned also for those who frequently drive out of the city, with the nearby M32 linking directly to the M4.

Example:
Full Market Value: £290,000
50% Share Price: £145,000

Rent on un-owned share £93.84
Estimated estate charge £135.58
Total - £229.42

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront 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. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

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Area statistics

Crime score
High crime
10/10
Home prices (average)
2 bedroom flats
£277,536

About this agent

Chappell & Matthews - Whiteladies Road, Clifton
Chappell & Matthews - Whiteladies Road, Clifton
151 Whiteladies Road Clifton BS8 2RD
0117 295 4067
Full profileProperty listings
Chappell & Matthews have been experts in the property market since 1913, helping customers with their bespoke requirements across selling and lettings. With a network of branches across the West Country, our extensive local knowledge, alongside our tailored personal service, will help you achieve the best possible outcome for your property journey. If you're looking for help on your property search, contact us today.
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