2 Bedroom Apartment

Offered to purchase with Bury Councils affordable housing scheme at discounted price of £168,500. In order to progress with the purchase you must be eligible for the criteria detailed at the bottom of the listing.

Normie are pleased to offer for sale this ground floor modern apartment located in the heart of Prestwich close to Prestwich Village and within walking distance of public transport routes including the Metrolink, supermarkets, bars, restaurants, schools and with easy access onto the motorway networks and beyond!

The apartment comprises of a bright and spacious open plan kitchen with a full range of integrated appliances and a large lounge/dining room with two windows allowing for an abundance of natural light, two double bedrooms and a four piece bathroom suite. The property has a gas fired central heating system via a combi boiler. Properties in this location are in high demand and an early viewing is highly recommended.

The development benefits from a dedicated parking space and there are further visitor spaces.

Occupancy Criteria

Applicants do not have to be first time buyers.

All applicants must:

·       register on the Affordable Housing Scheme by completing the online application form via the following link Council's Affordable Housing Scheme.

·       have been living within the Borough (Prestwich, Whitefield, Radcliffe, Tottington, Ramsbottom or Bury) for at least the last six months consecutively (if they pay council tax to Bury Council they will be resident in the Borough).

·       have no current or former rent arrears with the Council or history of anti-social behaviour.

·       agree to use the property as their own main home. They must live in the property throughout ownership and it cannot be rented out.

·       not own any other property (applications from homeowners will only be accepted if they can demonstrate that they are in the process of selling their current home e.g. they have a buyer for their current home).

·       Not be able to afford to buy the property at its full market value (see example in the financial criteria section below).

·       Applicants may apply for a property which has one bedroom more than they need. For example, a single person or a couple can apply for a two-bedroom property. An applicant or couple with one child (minimum) can apply for a three-bed property. An applicant or couple with two children (minimum) can apply for a four-bed property. Please note, one bedroom will be allocated to children of the same sex (maximum of 2 per room). One bedroom will be allocated to children of the opposite sex up to the age of 10 years old (maximum of 2 per room). 

·       An additional bedroom will be allocated to an applicant who is 20 weeks pregnant or more. The applicant will be required to provide a copy of their Maternity Certificate (Mat B1) to confirm the pregnancy. 

Financial Criteria:

In order to confirm an applicant’s financial eligibility, multiply their gross annual income by 4 if they are a single applicant or, by 3.5 if making a joint application. As long as this figure plus all savings, capital investments including property and business, equity from the sale of an existing property etc is at or above the discounted price but less than the full market value of the property the applicant(s) will be eligible.

All household income, savings, investments, gifts (including deposit monies) and capital from the sale of an existing property must be included in the financial assessment. This will be checked and verified by an independent financial advisor to ensure that all income and capital has been declared by the applicant(s) in the calculation above