The property comprises of a newly fitted kitchen, newly fitted bathroom and spacious bedrooms. The double glazed windows and gas central heating ensure the interior of the property is very well insulated and warm throughout the year. The surrounding areas are full of open spaces with Trent Park and Grange Park within short walking distance. A parking space is included and there are communal gardens surrounding the block.
The remaining lease term is 76 years. The price is reflective of the lower term. You will have the option of extending the lease, Metropolitan does not impose a minimum time that you must own the property before you can apply to extend the lease. You can even extend the lease at the same time that you purchase the property. You should discuss the lease term with your financial advisor / mortgage broker and your solicitor. The Lease extension premium has been calculated by the surveyor at £11,925.
Buy a share in a brand new or resale home from Metropolitan. You pay a mortgage on the part you own and a subsidised rent on the part you don’t own. Learn more about your buying options here.
Buying your first home is a big commitment. Find out more how to make the process as smooth as possible.
Looking? We offer a range of housing options to help first time buyers. We assist social tenants, Ministry of Defence personnel, those considered a housing priority and second steppers.