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1 bed flat for sale Afon Way, Newtown

Asking price

£74,000

Added two days ago

Type: Flat
Bedrooms: 1
Tenure: Leasehold

Key features

• One bedroom residential apartment
• Excellent top floor position
• Well maintained apartment complex
• Edge of town location
• Communal grounds, private parking
• Subject to a S106 local occupancy clause
• EPC – C (76) Exp 21.10.2036

About this property

Excellent opportunity to acquire a one bedroom apartment, located in the popular Afon Way development, just a short walk from the town centre of Newtown. The apartment has been successfully let for a number of years and makes an excellent opportunity for first time buyers. The property is subject to a S106 local occupancy clause.

Floorplan

Council tax

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Location

Afon Way, Newtown

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Mortgage and stamp duty

Property price £74,000

£37k £111k

Deposit9% £7,000

£0 £74k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £67,000 mortgage. Most lenders would want a household income of about £15,000 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.