50% Shared Ownership two bedroom ground floor leasehold apartment (627 sq ft) in superb location (rent and service charges apply)
ENTRANCE HALL * LIVING/DINING ROOM * KITCHEN AREA * TWO BEDROOMS * BATHROOM * AVAILABLE PARKING * SHARED GARDEN * STORAGE SHED * UPVC DOUBLE GLAZING * GAS CENTRAL HEATING
From the 5 -Ways roundabout take the A11 south towards Newmarket. Continue for 2 miles and then take the slip road signposted to Red Lodge. On turning off the A11 take the second exit along the old A11 (Turnpike Road). Turn right by the George Wimpey show homes into the George Wimpey development site. Follow road round, through the final part of the development, and then bear left onto Wintergreen Road (an additional, more direct entrance will be available shortly.)
A key element of shared ownership is affordability. Havebury will seek to provide homes that are viable and affordable. Household income will be a key consideration in assessing affordability. Rental levels on the unsold equity will reflect the need to cover Havebury's costs, affordability and the Homes & Communties Agency standards and regulations. This apartment is available for immediate occupation under the shared ownership scheme, at a 25% share at £27,500, rent £189.06; 50% share at £55,000, rent £126.04; 75% at £82,500, rent £63.02, plus service charges. Please contact the office for further details.
This apartment is located on the superb Wimpey/Bryant development at Turnpike Road, Red Lodge. The development itself includes an extensive range of houses and apartments to suit both first time buyers and family purchasers. Havebury are offering twelve properties, including one and two bedroom apartments, and two and three bedroom houses.
The Havebury Housing Partnership is a young organisation dedicated to the provision of good quality affordable homes and housing services in West Suffolk. Shared Ownership is aimed at helping people in housing need who cannot afford to purchase in the open market. In offering shared ownership homes, Havebury will seek to enable people to acquire a property that is appropriate to their needs.
Red Lodge now incorporates the rapidly developing Kings Warren area, which on completion will include an extensive range of schools, shops and amenities all located closeby. The nearby town of Mildenhall, only 4 miles away, has everything you would expect from a traditional English market town, with roots as old as England itself; it presents beautiful and traditionally fronted shops, pubs, restaurants and cafes to explore. Shopping is a leisurely pleasure in Mildenhall; traditional butchers, and fine furnishings shops nestled amongst more modern retailers - and don't miss the Friday market, serving the locals since 1412. Mildenhall also offers excellent leisure and fitness facilities, with Mildenhall swimming pool offering fun for all the family.
You'll find leading supermarkets and extensive shopping facilities available at Bury St Edmunds and Newmarket just 5/10 miles away. Furthermore, with excellent local road links, the famous towns of Cambridge and Norwich are just a short distance away thanks to the A11 and A14. The A14 also leads to the M11 and provides a fast run into London, the M25 and Stansted airport.
ACCOMMODATION:Front hall: 4'2" x 6'10" (1.27m x 2.08m)
Kitchen/Lounge/Diner: 16' x 13'10" (4.88m x 4.22m)
Inner Hall: 9' x 4' (2.74m x 1.22m)
Bedroom One: 12'6" x 9'11" (3.81m x 3.02m)
Bedroom Two: 8'11" x 7'3" (2.72m x 2.21m)
Bathroom: 6'4" x 6'5" (1.93m x 1.96m)
SPECIFICATION:Kitchen- Beech-style units, with rolled top melamine work surfaces
- Stainless steel single electric oven, four burner gas hob and hood
- Spaces for fridge/freezer and washing machine
- White ceramic wall tiles
- Wood effect vinyl flooring
Bathroom- White contemporary bathroom suite with chrome fittings and vinyl flooring
Internal Specification- Gas fitted central heating system
- Four panel white internal doors with chrome fittings
- Telephone points in hallway, lounge and bedrooms
External Specification- UPVC double glazed windows
- Available parking
- Shared Garden, with shed, rotary dryer and water butt.
RESERVATION AND FURTHER DETAILS:
1. General application must be made to Orbit "New Build Homebuy".
2. Property specific application (Balmforth), together with financial review (The Mortgage Centre) to be made.
3. Reservation fee of £250 payable to Havebury Housing Partnership.
4. The 50% Havebury share has a monthly rent of £126.04
5. There are annual service charges of TBC. The service charges include buildings insurance, external buildings and grounds maintenanace, cleaning and maintenance of communal hallways, including ligthing costs.
6. Purchasers are able to purchase up to 75% of the equity. However, the property will remain on a leasehold basis, with service charges payable.
THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
2 Bedrooms