Shared Ownership
This superb modern home is available to buy from as little as £134,000 with a 40% share!
Welcome to this beautifully presented two-bedroom terraced home located on the ever-popular Chapel Road in Fishponds, Bristol. Offering approximately 758 sq ft of well-proportioned living space, this property combines modern comfort with a practical layout. This well-maintained property is ideal for those looking for a comfortable, low-maintenance home in a vibrant and growing area. With a functional layout across two floors and accommodation consisting of a spacious reception room, kitchen, downstairs WC, two good size bedrooms and a modern bathroom. Outside, there is a private garden and one allocated parking space at the rear of the property.
Located to the northeast of Bristol city centre, Fishponds is a vibrant and sought-after suburb known for its strong sense of community, excellent local amenities, and convenient transport links. It offers the perfect balance of urban living with access to green spaces, making it popular with families, professionals, and first-time buyers alike. Fishponds Road is the bustling heart of the neighbourhood, just a short stroll from Chapel Road. Here, you’ll find a wide variety of Independent cafes, bakeries, and restaurants, popular supermarkets including Lidl, Aldi, and Morrisons, health and wellness facilities such as gyms, yoga studios, and salons, local pubs, microbreweries, and community hubs
There are also several nearby parks including Eastville Park and Vassall’s Park (Oldbury Court Estate) – perfect for dog walks, family picnics, and outdoor sports.
Fishponds offers excellent transport connections, making commuting around Bristol and beyond straightforward:
PRICING & AFFORDABILITY
Full Market Value: £335,000
40% Share Price: £134,000 (rent £343.78pcm)
Minimum 5% Mortgage Deposit (% share): £6,700
Approximate Service Charges: £33.50 pcm*
Lease: 121 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £335,000 and a purchaser would not need to meet the eligibility criteria listed above.
