1 Bed Flat, Deanery Way, SK1

RENT TO BUY PROPERTY

A spacious, third floor, one-bedroom apartment in the center of Stockport. The beautiful grade II listed recently converted property has an open plan dining and living area with ample space with a modern fitted kitchen with integrated Samsung cooker, fridge-freezer and dish washer. There is a double bedroom and bathroom with a shower.

·       The apartment is electric only

·       Carpeted bedroom and laminate living areas

·       The property has a modern two door fob access system for security.

·       Service charge included in rent

·       Property is in the center of Stockport with access to a multitude of shops and transport links.

PLEASE NOTE THAT THERE IS NO CAR PARKING AT THIS PROPERTY

Rent to buy property

This will be a five-year tenancy rented at 80% of market rent value.  Minimum tenancy period is one year.  In the first five years you will be expected to save the other 20% of market rent value towards a deposit you can then use at the end of this period to buy the property. You can buy it by outright sale or shared ownership or alternatively you can use the deposit to buy a property elsewhere on the property market.

Criteria

·       You must be working full-time and not in receipt of any benefits

·       Your income must be less than £80,000

·       You must be a first-time buyer who is unable to afford a home on the open market.

·       You must be saving for a deposit to buy a home and you may be asked to provide evidence of this

·       Credit checks will be completed to make sure you can afford the market rent value of the property

·       1 month rent in advance (£600) and a deposit of £692.30 will be needed on sign up

Property is ready to view and move into immediately (subject to reference checks being completed and passed).

Photos are for illustrative purposes only