2 Bedrooms Flat to rent in Bandy Fields Place, Salford M7 | £ 129
Overview
| Price: | £ 129 |
|---|---|
| Contract type: | To Rent |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M7 |
| Address: | Bandy Fields Place, Salford M7 |
| Bathrooms: | 1 |
| Bedrooms: | 2 |
Property Description
**rent to buy scheme** Are you looking to buy your own home but haven't got a deposit just yet? Then look no further than this ideal rent to buy property. You can rent this property at 80% of the current market rent with the intention of saving the 20% saving to save up for a deposit. Once you have saved your deposit you can buy a shared ownership part of the property and eventually own 100%. This is a government backed scheme aimed at getting first time buyers onto the property ladder quicker. Regular savings will need to be evidenced to renew the 6 months leases.
Communal Entrance
Lift
Second Floor
Hallway
Intercom system
Bathroom (1.68m x 3.89m)
Upvc double glazed window, vanity style sink with mixer tap, low level WC and bath with shower over, towel radiator.
Bedroom 1 (2.62m x 3.89m)
Upvc double glazed window, carpet flooring, radiator.
Bedroom 2 (3.00m x 3.89m)
Upvc double glazed window, carpet flooring, radiator.
Open Plan Living Room / Kitchen (4.24m x 5.16m)
To the living room area - Upvc double glazed windows, carpet flooring, radiators. To the kitchen area - Modern mix of wall and base units with complimentary work surfaces incorporating a single drain sink with mixer tap, built in electric oven and electric hob with extractor fan over, integrated fridge/freezer, washing machine and dish washer
External
Off Road allocated parking.
Notice
Rent to HomeBuy is a government scheme designed to ease the transition from renting to buying a home by providing subsidised rent.
With Rent to HomeBuy, you rent a home at approximately 20% below the market rate. During that time, you have the option to request to buy the property under the Shared Ownership scheme, subject to approval from the Landlord. The Landlord will review your circumstances during the tenancy and discuss whether you intend to purchase the property.
How does Rent to HomeBuy work?
Homes are made available to rent with a shorthold tenancy at a reduced rate of 80% of market rent.
The expectation (although not obligation) is that this period of paying less rent gives you the chance to save for a cash deposit so you can apply to buy a share of the home later.
You are free to contact the Landlord to request to purchase the property on a shared ownership basis at any point during your tenancy.
Am I eligible for Rent to HomeBuy?
You may be eligible if: A, Your household earns £80,000 a year or less. B, You are a first time buyer, or you used to own a home but can t afford to buy one on the open market now. C, You have a good credit history.
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Property Location
Property Marketed by Reeds Rains
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