The Bristol Home Show CJ Hole and Abri Homes will be attending the Bristol Home Show on Saturday 28th June 2024 at The Mercure Hotel Bristol where we will be available to discuss all things Old Brewery - come along to this FREE event to find out more! The Apartment This stunning new build apartment features a spacious open plan living area with juliet balcony. Two spacious bedrooms and high spec amenities throughout make this apartment a desirable home. The Development The Old Brewery is an iconic Bristol site set within the vibrant neighbourhood of Southville providing new homes for the next generation of Bristolians. Southville is a popular location, well known for its stunning street art, the famous Tobacco Factory and Ashton Gate Stadium. Benefitting from an array of local, independent cafes and restaurants on its doorstep along with Greville Smyth Park being located just across the road providing a large, lush green space for residents to relax in. Shared Ownership These new homes are available to buy under the Shared Ownership scheme which is designed to make buying a home easier. You buy a percentage of the home (usually between 10% and 75%) and pay a reduced rent on the remaining share. Abri will continue to own the remaining share, but the property is your home to live in until you decide to sell. If you choose to buy more shares in the future, you can 'staircase' up to 100% ownership. Usually, you?ll only need a 5% deposit of the share you?re buying and of course, as you'll only be buying percentage of the property, you'll need a smaller mortgage. Example of Monthly Repayments When Using Shared Ownership Reservation fee : £500 which forms part of the purchase price Full Purchase Price : £330,000 Share Price : £115,500 based on a 35% share Minimum deposit : £5775 based on a 35% share Monthly mortgage payments on a 35% share : Monthly repayment values will depend on lender/interest rate at that time - advice from a mortgage broker who is familiar with Shared Ownership is recommended Rent : £491.56 per month - calculated at 2.75% of the value based on an unpurchased 65% share Service Charge : £1849.40 per annum approx Ground Rent : £0 Useful Information Estimated Build Completion: Winter 2024/25 Tenure: Leasehold Length of lease: 990 years New Homes Warranty : 12 years Predicted council tax band: New build properties, band to be determined EPC : tbc Contact the CJ Hole Land & New Homes Team to register your interest and to discuss availability. *Please note that images are computer generated and plans/measurements are subject to change due to construction stage*