Plot 65 - The Port - The Quarters

Manadon, Plymouth
Key Features
  • 2 bedrooms
  • Semi-detached home
  • 1 allocated parking space
  • Private rear garden
  • Fitted kitchen with integrated oven and gas hob

Property Description
The Port is a two bedroom semi-detached home. This home boasts a spacious open plan living area, with the lounge at the front and a fully fitted kitchen/diner to the rear which leads to patio doors and direct access to a private enclosed rear garden. The ground floor also boasts generous storage and a cloakroom.
On the first floor you will find a master double bedroom overlooking the rear garden, a modern and fully fitted family bathroom and a second double bedroom and further storage.
This home comes with one allocated parking space and has a PEA rating B.

Property Location
This property is located in Manadon with excellent links to Plymouth City Centre and beyond. Local amenities are located within a short distance of the property.

Pricing
This home is being offered at a share of 50% of the full market value at £204,000. There is the option to purchase 100% and the freehold in the future. See below example costs.
Full Market Value £204,000
Share 50%
Share Cost £102,000
Rent £229.50 per month
Service charge (including building insurance) £21.89 per month
Mortgage amount £96,900
Deposit £5,100
Mortgage £425 per month
Total per month £676.39 Based on 35 year repayment mortgage. A 5% deposit. Interest rate of 3.94%. Rent is based on 2.7% of the unsold equity 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.

Approximate Property Dimensions
Living Room 3.7m x 4.5m
Kitchen 4.2m x 4.5m
W/C 1.4m x 1.8m
Master Bedroom 2.9m x 4.5m
Bedroom 2 2.8m x 4.5m
Bathroom 1.9m x 2.1m
Gross internal floor area = 73.1m²


For more information about this property and the development, please see The Quarters brochure.

Importance Notice:
The particulars listed are for illustrative purposes only at time and should only be used for information only and does not constitute advice. Computer generated images and landscaping shown are not intended to form any part of any contract or warranty (express or implied) unless specifically incorporated in writing into the contract. All areas, dimensions and measurements shown are approximate, and should not be relied upon for carpet sizes, appliance spaces or items of furniture.

Whilst every care has been taken in the preparation of these particulars, we do not represent or warrant that the information and/or specifications contained in this brochure are accurate or complete. Features both internal and external may be varied from time to time. Intending purchasers / lessees should satisfy themselves as to the correctness of information given.

Information correct at July 2020.



Share Price: £102,000

2 bedroom
1 parking space
Market Value: £204,000
Minimum Share: 50%
Typical Rent: £229.50 per month
Service Charge: £21.89 per month


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