Property description
- Self Employed OK
- Rejected Mortage OK
- Bad Credit OK
- Unestablished Credit OK
- New to the UK OK
*** SEA FRONT 1ST FLOOR FLAT WITH SEA VIEWS & EASY ACCESS TO ALL AMENITIES ***
About This Property
* SEA FRONT FIRST FLOOR FLAT * PERIOD FEATURES * TALL SASH WINDOWS * HIGH CEILINGS *
A superb one bedroom flat with sea views in a sought after location.
The property comprises hallway, lounge / dining room, a double bedroom and a bathroom.
There is night storage heating, sash windows and permit parking.
*** MUST BE SEEN TO BE FULLY APPRECIATED ***
WHO THIS OPPORTUNITY WILL BE FOR
Are you tired of renting and want to own your home and get on the property ladder ?
The opportunity will be ideal for you if you are finding it hard to get a mortgage - especially if you:
- Are (recently) self employed or
- Don't have the standard 20% deposit but have some money saved up or
- Don't have the very best credit record which most banks now require
To qualify you need £5,000 getting started money. This will be deducted from the full purchase price.
Monthly rental payments £475 in the first year and £525 in the second year.
Initial upfront payment £5,000 (this is your getting started money, this is paid prior to move in and is deducted from the purchase price)
Purchase price £130,000 (this is the total amount that you pay for the property)
Term - 2 years (this the amount of time that you have to build up your credit, deposit and obtain a mortgage to purchase.
End purchase price after deductions - £125,000
There are some risks in buying this way please refer to your solicitor or we can give you details of a few solicitors who are familiar with this way of buying.
Please contact us for more details
THIS OFFER WON'T HANG ABOUT *** CALL TODAY FOR FURTHER INFORMATION *** SECURE THIS OPPORTUNITY BEFORE IT GOES
Entrance Hall 4.67 x 1.20 m (15′4″ x 3′11″ ft)
Intercom with remote main entrance door release. Night storage heater. Telephone point. Utility cupboard with space and power for washing machine. Hot water tank.
Lounge / Dining Room 4.52 x 4.17 m (14′10″ x 13′8″ ft)
Two tall impressive sash windows with sea views and views over the award winning play park. High ceiling 3.35 m high. Ornate cornicing. TV point. Night storage heater.
Kitchen 4.17 x 1.75 m (13′8″ x 5′9″ ft)
Wall and base units under roll top work surface. Tall sash window with sea and park views. Single sink bowl and drainer. Space for free standing electric hob and oven. Space for fridge / freezer. Ornate cornicing.
Double Bedroom 3.69 x 2.76 m (12′1″ x 9′1″ ft)
Double glazed window to side aspect. Night storage heater.
Bathroom 2.46 x 2.15 m (8′1″ x 7′1″ ft)
White enamelled cast iron bath. WC. Wash basin. Tall sash window.
Agents Notes
The property is on a 250 year lease from 2012. Management fees are £98 per month. Ground rent £250 per year. Permit parking is available via application to Teignbridge Council.
Situation & Amenities
Teignmouth's long sandy beach stretches from the mouth of the River Teign down towards Holcombe. Whether you choose to stroll along the Victorian Promenade and Pier, to watch the working fishing boats, or to visit the children's play area or adventure golf course, Teignmouth has everything for work and leisure.
What's on offer?
Sandy beach
Amusements and children's play area
Adventure golf
Skate Park
Activity Trail
Wide selection of high street stores
Restaurants, Pubs and Cafes
Main line train station to Exeter and Plymouth
Property Features :
- *** RENT TO OWN ***
- First Floor Flat
- 1 Bedroom
- Lounge / Diner
- Kitchen