401 Bowerham Road, Lancaster, LA1

Great opportunity to purchase this attractive modern one bedroom apartment. The property is for sale under an affordable ownership scheme and the purchase price is for a 26% equity share in the apartment. This provides a great opportunity to purchase your first home at an affordable purchase price. The accommodation comprises secure communal areas and entrance, open plan living space with lounge and kitchen, bathroom and double bedroom. Bowerham is one of Lancaster's most popular residential areas. Located on the south side of the city it attracts a wide range of buyers from young professionals, growing families and the retired due to the wide range of amenities, shops, schools and churches. There are excellent transport links with regular nearby buses to the university and the city centre. Located within close proximity is Lancaster hospital and University of Cumbria which are two of Lancaster’s largest employers. The property is offered for sale under a shared ownership scheme with Heylo Housing. The purchase is subject to a rent payment for the remaining 74% equity and the scheme is subject to approval, means test and credit checks with Heylo Housing. All applicants must be over 18 years of age and cannot hold ownership of another home. Full details can be obtained through the vendors agents.

Tenure : Leasehold
Council Tax Band : A

In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.