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£95,000

St Lucia Lodge, Royal Drive, Bordon, GU35

  • 2 beds
Flat

£95,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£434 per month

Minimum deposit amount:

£4,750
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PART BUY - PART RENT - VIEWING HIGHLY RECOMMENDED

As the vendors agents we are delighted to offer to the market this two bedroom ground floor property that is being sold on a 50% share basis.

The property is located in one of the areas most visually impressive buildings. We have been advised that 'St Lucia Lodge' was originally built in the late 1930's and was the local Offers Mess for many decades following. In the mid 2000's the building was totally refurbished into individual one and two bedroom apartments with the intention of providing an opportunity to aid local people in getting on to the property market with a ''part buy, part rent'

Following the first release of the properties within the building they have become very popular due to the size and layout of the accommodation that they offer.

As agents we feel that this particular property will appeal as its internal floor space is larger than many two bedroom houses in the local area and a internal viewing is highly recommended so that it can be fully appreciated.

The property's accommodation consists of a Entrance Hall with build in storage cupboards for coats,, shoes etc, Lounge, Kitchen, Master Bedroom, En Suite Bathroom, Second Double Bedroom and Family Bathroom.

In addition to the size and layout of the accommodation the property further benefits from gas central heating to radiators, double glazed windows and allocated parking.

We have been advised that the 50% share that is rented is a total cost of ?416.55 per month and the service charge is ?98.79 per month.

Shared ownership is a form of affordable housing and any buyer must:
? Have an annual income of less than ?80,000
? Be a first-time buyer, or
? Be an existing homeowner - but able to demonstrate they have sold their
property subject to contract.

As well as this, the prospective buyer should meet the following criteria:
? Be over 18 years of age
? Earn below ?80,000 as a household
? Must own and occupy the property as their sole and primary residence
? Be able to demonstrate a good credit history and can afford the regular payments involved in buying this home

Resident in the Parish of Bordon 6 out of 12 months prior or live 3 out of 5 years or worked in the area for 5 years if not then same rules but any other parish in district council (East Hants)


To view the property please contact our office on 01420 473333

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