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" 40% SHARED OWNERSHIP - Welcome to Renaissance Gardens, Beacon Park, where Novahomes is thrilled to present an exciting opportunity to acquire a shared ownership two bedroom first-floor apartment. This desirable residence offers a 40% share basis, making it an excellent chance to step onto the property ladder. This property is offered to the market with the added advantage of no onward chain, ensuring a smooth and efficient transition. As you approach the property, you`ll find convenience in the allocated parking space, providing hassle-free parking. The entrance is secured by a modern comm phone entry system, enhancing the safety and privacy of the residents. Upon entering, you are greeted by a spacious and inviting loungedining room, perfect for both relaxation and entertaining guests. The well-designed layout seamlessly connects to a modern fitted kitchen. The thoughtful design of the apartment ensures a comfortable and functional living space. The property boasts two bedrooms, providing versatility for a home office, or guest accommodation. The bathroom complements the living spaces. With practicality and energy efficiency in mind, the property features double glazing and gas central heating, providing comfort throughout the changing seasons.

For further information on purchasing a shared ownership property and to arrange a viewing, please contact the office.


Accommodation Comprises
Welcome to Renaissance Gardens, Beacon Park, where Novahomes is thrilled to present an exciting opportunity to acquire a shared ownership first-floor apartment. This desirable residence offers a 40% share basis, making it an excellent chance to step onto the property ladder. This property is offered to the market with the added advantage of no onward chain, ensuring a smooth and efficient transition.

As you approach the property, you`ll find convenience in the allocated parking space, providing hassle-free parking. The entrance is secured by a modern comm phone entry system, enhancing the safety and privacy of the residents.

Upon entering, you are greeted by a spacious and inviting loungedining room, perfect for both relaxation and entertaining guests. The well-designed layout seamlessly connects to a modern fitted kitchen. The thoughtful design of the apartment ensures a comfortable and functional living space.

The property boasts two bedrooms, providing versatility for a home office, or guest accommodation. The bathroom complements the living spaces.

With practicality and energy efficiency in mind, the property features double glazing and gas central heating, providing comfort throughout the changing seasons.

For further information on purchasing a shared ownership property and to arrange a viewing, please contact the office.


Communal Entrance

Entrance Hall

Lounge - 4.46m (14‘8&quote;) x 3.52m (11‘7&quote;)

Kitchen - 2.89m (9‘6&quote;) x 1.7m (5‘7&quote;)

Bedroom One - 3.2m (10‘6&quote;) x 3.06m (10‘0&quote;)

Bedroom Two - 2.98m (9‘9&quote;) x 1.92m (6‘4&quote;)

Bathroom

Shared Ownership Information
The property is being sold as a 40% shared ownership. Prospective clients must be registered with Help to Buy South West and meet their eligibility criteria.
Monthly rent is currently ?294.73 and includes the building insurance and service charge.


This property at ?54,000 represents the 40% share in the property you can purchase, for which you will fund via your own means; mortgage for example, and the other 60% is owned by Willow Tree Housing association who will charge an additional rent of ?294.73 per month. You can purchase a larger share of the property all the way up to 100% (Stair casing Ownership) so you own it out right during your period of ownership. The scheme is designed to assist people to get onto the market who cannot raise a mortgage for the full price of a property like this, and therefore have the chance to purchase it, but only need to raise 40% of the price on a mortgage and they can then rent the other 60% until such time as they can purchase more. More details of this scheme are available via our office. The shared ownership scheme is NOT available to second home, or buy to let investors. Before any offer is accepted a successful application via Willow Tree Housing must be cleared.




Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Plymouth City Council, Band A

Lease Length
81 Years "