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109 Brizen Park

Shared ownership

Flat 6, 66 Honeysuckle Avenue, Cheltenham, GL53 0AT

For salenew home
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Live from space album cover

1 bedroom flat

Wonderful 1 bedroom first floor flat available in the Brizen Park Development in Cheltenham . The price advertised represents purchasing a 45% share of the home

  

About the Development

Brizen Park will be offering brand newly designed 1 and 2 bed apartments. Located just outside Cheltenham, this Prime location offers a great range of local amenities and great transport links to major cities as well as local areas.

Cheltenham’s cultural reputation is reflected in the large number of independent shops and stores in the town, including the famous Cavendish House department store. You’ll also find all your favourite High Street names in the main …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£83,250

with min. deposit

£4,163

45% Share from
£83,250
Full market price
£185,000
Minimum deposit
£4,163
Monthly rent
£233
Monthly service charge
£106.91
Sage Housing

Sage Housing

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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