1 bed flat for sale

Cowleaze, Chippenham, Wiltshire SN15

This superb modern home is available to buy from as little as £58,000 with a 40% share!

Situated in a convenient residential location, this first floor coach house apartment offers comfortable and practical accommodation. Accessed via its own ground floor entrance with stairs leading to the first floor, the property features a spacious open plan kitchen, living and dining area, a double bedroom and a bathroom. The property also benefits from an allocated parking space.

Cowleaze is situated in the popular market town of Chippenham, Wiltshire, offering easy access to a wide range of local amenities. Chippenham town centre provides an excellent selection of supermarkets, independent shops, high street retailers, cafés, restaurants and leisure facilities. The surrounding area also offers attractive parks, countryside walks and recreational spaces, while the historic town of Corsham and picturesque villages of the Wiltshire countryside are within easy reach.

For commuters, Chippenham benefits from excellent transport connections, with Chippenham railway station offering direct services to Bath, Bristol and London Paddington. The nearby M4 motorway provides convenient road links towards Swindon, Reading, Bristol and London, making the property well positioned for those travelling throughout the region. Regular local bus services also connect Chippenham with surrounding towns and villages.
Pricing & affordability


Full Market Value: £145,000

40% Share Price: £58,000 (rent £235.35pcm)
Minimum 5% Mortgage Deposit (40% share): £2,900
Approximate Service Charges: £48.93pcm*
Shared Ownership Lease: 171 years remaining
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Local area connection

You must live, work or have a close family connection to the Wiltshire Borough Council area in order to be eligible. Proof of your local area connection will be required.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.