£137,500 /Sale price

One-Bedroom Apartment Available to Buy Using Shared Ownership The ApartmentThis spacious one-bedroom apartment is situated on the third floor of this mixed use development. With thoughtfully designed open plan living accommodation and a kitchen area with built in appliances, this new home offers the perfect blend of convenience and location. The DevelopmentThe Old Brewery is an iconic Bristol site set within the vibrant neighbourhood of Southville providing new homes for the next generation of Bristolians. Southville is a popular location well known for its stunning street art, the famous Tobacco Factory and Ashton Gate Stadium. Benefitting from an array of local, independent cafes and restaurants on its doorstep along with Greville Smyth Park being located just across the road providing a large, lush green space for residents to relax in. Shared OwnershipThese new homes are available to buy under the Shared Ownership scheme which is designed to make buying a home easier. You buy a percentage of the home (usually between 10% and 75%) and pay a reduced rent on the remaining share. Abri will continue to own the remaining share, but the property is your home to live in until you decide to sell. If you choose to buy more shares in the future, you can 'staircase' up to 100% ownership.Usually, you'll only need a 5% deposit of the share you're buying and of course, as you'll only be buying percentage of the property, you'll need a smaller mortgage.Example of Monthly Repayments When Using Shared OwnershipReservation fee : £500 which forms part of the purchase price Full Purchase Price : £275,000Share Price : £137,500 based on a 50% shareMinimum deposit : £6,875 based on a 50% share Monthly mortgage payments on a 50% share : Monthly mortgage repayment values will depend on lender/interest rates at that time - advice from a mortgage broker who is familiar with Shared Ownership is recommended Rent : £315.10 per month - calculated at 2.75% of the value based on an unpurchased 50% share Service Charge : £164.90pcm approxGround Rent : £0Useful InformationEstimated Build Completion: Q1 2026Tenure: LeaseholdLength of lease: 990 yearsNew Homes Warranty : 12 years Predicted council tax band: New build properties, band to be determinedEPC : tbcParking: One allocated space included with selected plots - height restrictions apply. Please ask a member of the Sales team for more information. *Please note that some images are computer generated and plans/measurements are subject to change due to construction stage. **Photographs are of selected plots and are not plot specific - they represent specification rather than layout or views.Contact the CJ Hole Land & New Homes Team to register your interest and to discuss current availability.