Resale - Kestor Close, North Prospect Plymouth, PL2 2LT

Key Features:
  • 2 bedrooms
  • Open plan kitchen and living room
  • 1 allocated parking space
  • Private terrace
  • Family bathroom

Property Description:
Kestor Close is a 2 bedroom apartment built in 2012 by Barratt Homes as part of the first phase of the award winning North Prospect Regeneration Project.

This well-presented property features an open plan living room and kitchen/diner which includes a stylish stainless steel oven, hob and extractor fan. You’ll also find a master and second bedroom in the property along with a modern, fully-fitted family bathroom and plenty of storage throughout.

The property benefits from central heating and double glazing with the most recent Energy Performance Certificate rating the property at B88. The flat is located on the second floor of the apartment building and has a private terrace as well as one allocated parking space.

Property Location:
Situated in a mixed tenure development, this property is located in North Prospect with excellent links to the city centre and beyond. Local amenities are within a short distance of the property including food stores, a library and doctors surgery.

Pricing:
This home is being offered at a share of 45% of the full market value at £118,000. There is the option to purchase 100% and the freehold in the future.

See below example costs.

Full Market Value £118,000
Share 45%
Share Cost £53,100
Mortgage Deposit £2,655
Mortgage Amount £50,445
Rent £186.27 per month
Service charge £72.06 per month
Mortgage £223.00 per month
Total per month £481.33 per month*

*These figures are based on 35 year repayment mortgage. A 5% deposit. Interest rate of 3.99%. Rent is based on the unsold equity (55% of Open Market Value) per annum. All other purchase fees exclude mortgage arrangement fees and reservation fees and legal fees. Independent legal and financial advice should always be obtained.

Property Dimensions:
  • Open Plan Living Room/Kitchen and Diner: 6.3m x 4.5m
  • Master Bedroom: 3.7m x 3.1m
  • Bedroom 2: 2.1m x 3.7m
  • Bathroom: 2.5m x 1.9m

Viewings:
Viewings are made on an appointment-only basis. To book a viewing or find out more about this property, contact the SO Living team.

Importance Notice:
These particulars are for illustration purposes only. We operate a policy of continues product development, and individual internal and external features may vary. Consequently these particulars should be treated as a general guidance only and cannot be relied upon as accurately describing any of specified matters described under the property misdescription act 1991. Nor do they constitute as a contract or warranty. All areas, dimensions and measurements shown are approximate and should not be relied upon for carpet sizes, appliance spaces or items of furniture.



Share Price: £53,100

2 bedroom
1
Market Value: £118,000
Minimum Share: 45%
Typical Rent: £186.27 per month
Service Charge: £72.06 per month


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