Flat for sale in Valeside Avenue, High Wycombe, Bucks HP10

£130,000
Flat for sale - 2 bedrooms 2 1 1
Interested in this property? Call +44 1344 933843 * or Request Details

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Property features

  • Brand new Shared Ownership home
  • Easy access to town centre and M40 motorway
  • Located on the edge of the Chiltern Hills
  • Private balcony or terrace
  • Choice of ground, first or second floor
  • Parking

Property description

Shared Ownership

This brand new home is available to buy from as little as £130,000 with a 40% share!

Welcome to The Pines, a collection of new homes in the town of High Wycombe. Set within the larger Abbey Barn Park development, this new community will include a wonderful new country park and woodland for its residents to enjoy. The Pines is set just a short drive from High Wycombe’s bustling town centre.

Here, you’ll find a host of attractions, including the Eden and Chilterns Shopping Centres, as well as a range of eateries. At the weekend, take a stroll around Rye Park, or visit the market which dates back to the Middle Ages. Located on the edge of Chiltern Hills, an Area of Outstanding Natural Beauty, The Pines is close to a variety of walking routes.

Built to ‘The Fern’ design this brand new apartment benefits from a private terrace and parking with accommodation that features an open plan lounge/kitchen/diner, two double bedrooms, bathroom and storage.

Pricing & affordability

Full Market Value: £325,000

40% Share Price: £130,000 (rent £446.88pcm)
50% Share Price: £162,500 (rent £372.40pcm)
75% Share Price: £243,750 (rent £186.20pcm)

Minimum 5% Mortgage Deposit (40% share): £6,500

Approximate Service Charges: £116.37 pcm*


Eligibility


The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At The Pines you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for this shared ownership scheme 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.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Floorplan(s): Floorplan

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For more information about this property, please contact
Romans - Shared Ownership, RG40 on +44 1344 933843 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Romans - Shared Ownership, and do not constitute property particulars. Please contact Romans - Shared Ownership for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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