- £154,000 purchase price with 30% First Homes discount
- £220,000 full market value
- Available to eligible first-time buyers
- Beautifully presented one-bedroom top-floor apartment
- Impressive open-plan living and kitchen area
- Modern bathroom
- Generous double bedroom
- Private balcony
- Allocated parking space
- Air source heat pump heating system
A beautifully presented and immaculately maintained one-bedroom top-floor apartment, available through the First Homes scheme with a 30% discount from the full market value. Offering stylish, contemporary accommodation, a private balcony and allocated parking, this fantastic apartment represents an excellent opportunity for an eligible first-time buyer looking to take their first step onto the property ladder.
The property is accessed via a welcoming entrance hall with useful storage cupboards, leading to a generous double bedroom, modern bathroom and impressive open-plan living and kitchen area.
The open-plan living space provides an excellent area for both relaxing and entertaining, with the contemporary kitchen seamlessly integrated into the room. From the living area, doors open onto a private balcony, providing a lovely additional outdoor space.
The apartment benefits from an air source heat pump heating system, and comes with an allocated parking space, adding further convenience to this fantastic home.
Situated in Hengrove, the property is ideally placed for a range of everyday amenities, local shops, supermarkets, schools and leisure facilities. The area offers excellent transport links into Bristol city centre and surrounding areas, with convenient road connections via the A37 and A4174. Bristol city centre and the wider South Bristol area are also readily accessible by public transport.
FIRST HOMES SCHEME
This property is available through the First Homes scheme, offering a 30% discount from the market value. First Homes are designed to help eligible first-time buyers onto the property ladder, with the discount remaining with the property on future sales.
First Homes is a new scheme designed to help local first time buyers and key workers onto the property ladder, by offering homes at a discount of 30% compared to the market price. The discounts will apply to the homes forever, meaning that generations of new buyers and the local community will continue to benefit every time the property is sold.
National eligibility criteria apply, including:
• Purchasers must be first-time buyers and have a household income not exceeding £80,000 per year
• The post-discount purchase price must not exceed the applicable First Homes price cap
• The property must be the buyer’s only home
• A purchaser must use a mortgage or home purchase plan for at least 50% of the purchase price
Bristol City Council local eligibility criteria also apply during the initial marketing period. Purchasers must meet the relevant local eligibility requirements, including the applicable local connection, key worker or Armed Forces criteria.
Further information can be found in the First Homes Customer Guide and on the government’s First Homes website.
First Homes Customer Guide:
https://www.gov.uk/government/publications/first-homes-early-delivery-programme-2021-to-2023-guidance-for-developers/first-homes-early-delivery-programme-customer-guide-notes-for-buyers-accessible-version
Government First Homes information:
https://www.ownyourhome.gov.uk/scheme/first-homes/
| Tenure: | Leasehold |
|---|---|
| Lease Years Remaining: | 996 |
| Service Charge: | £1,516 per year |
| Council Tax Band: | A |
First Homes is a new scheme designed to help local first time buyers and key workers onto the property ladder, by offering homes at a discount of 30% compared to the market price. The discounts will apply to the homes forever, meaning that generations of new buyers and the local community will continue to benefit every time the property is sold.
National eligibility criteria apply, including:
• Purchasers must be first-time buyers and have a household income not exceeding £80,000 per year
• The post-discount purchase price must not exceed the applicable First Homes price cap
• The property must be the buyer’s only home
• A purchaser must use a mortgage or home purchase plan for at least 50% of the purchase price
Bristol City Council local eligibility criteria also apply during the initial marketing period. Purchasers must meet the relevant local eligibility requirements, including the applicable local connection, key worker or Armed Forces criteria.
Further information can be found in the First Homes Customer Guide and on the government’s First Homes website.
First Homes Customer Guide:
https://www.gov.uk/government/publications/first-homes-early-delivery-programme-2021-to-2023-guidance-for-developers/first-homes-early-delivery-programme-customer-guide-notes-for-buyers-accessible-version
Government First Homes information:
https://www.ownyourhome.gov.uk/scheme/first-homes/
| Tax Band | % | Taxable Sum | Tax |
|---|
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