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Shared ownership
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2 bed retirement property for sale Welland Lodge Road, Cheltenham

Asking price
£65,000

Added yesterday

70% share · about £92,857 full valueRetirement home
Type
Retirement Property
Bedrooms
2
Tenure
Leasehold
Council tax Band B

Key features

  • No Onward Chain
  • 70% Shared Ownership
  • Ground Floor Retirement Apartment For The Over 60's
  • Two Bedrooms
  • Direct Access To Patio Area
  • Excellent Public Transport Links Nearby
  • Tenure: Leasehold
  • Local Authority: Cheltenham
  • Council Tax Band: B
  • Ground Rent Pence: £0.00
  • Ground Rent Period: Year
  • Water Supply: Direct Main Waters
  • Electricity Supply: National Grid
  • Sewerage: Standard
  • Heating Supply: Gas Central
  • Construction Materials: Brick And Block
  • Roof Material: Clay Tiles
  • Is Loft Boarded: No
  • Adaptations List: Other
  • Outside Space: Type - Garden
  • All Others: Ask Agent

About this property

A well presented shared ownership ground floor retirement apartment specifically designed for the over 60’s , offered to the market with No Onward Chain and enjoying direct access onto a private patio and a beautifully maintained garden. Situated within a well regarded development in a highly convenient location, the property benefits from excellent public transport links, communal facilities and a peaceful setting, making it an ideal choice for those seeking comfortable and low maintenance retirement living. Entrance Hall: A welcoming entrance hall providing access to all principal rooms along with a useful built-in storage/wardrobe cupboard.

Floorplan

Council tax

Band B

Location

Welland Lodge Road, Cheltenham

Mortgage and stamp duty

Property price £65,000
£33k £98k
Deposit11% £7,000
£0 £65k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £58,000 mortgage. Most lenders would want a household income of about £13,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

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