You could get a Bristol Harbourside flat with a £5k deposit

you could get a bristol harbourside flat with a 5k deposit - You could get a Bristol Harbourside flat with a £5k deposit

You could get a one-bedroom flat in the Harbourside with a deposit of just over £5,000 through shared ownership.

A selection of new apartments by Sovereign Living are currently up for sale at Wapping Wharf.

The stylish one-bedroom flats range between £102,000 and £110,000 for a 40% share, meaning the deposit required will be between £5,100 and £5,500 (based on 5% deposit).

There are also two-bedroom apartments available between £148,000 and £152,000 for a 40% share, which would require a deposit between £7,400 and £7,600 (based on a 5% deposit).

you could get a bristol harbourside flat with a 5k deposit 2 - You could get a Bristol Harbourside flat with a £5k deposit

(Image: Sovereign Living)

With a range of designs, the flats come complete with a modern fitted kitchen, a stylish bathroom suite and specific plots have balconies and terraces with harbour views.

Sovereign Living said in a statement: “With a superb collection of stunning one and two bedroom homes available through shared ownership, there couldn’t be a better time to call this vibrant new neighbourhood your home.

“Designed to be in keeping with the historic dockside location, the apartments at Wapping Wharf have characterful timber exteriors and enjoy balconies that overlook the surrounding tree-lined walkways and idyllic waterfront.”

you could get a bristol harbourside flat with a 5k deposit 3 - You could get a Bristol Harbourside flat with a £5k deposit

(Image: Sovereign Living)

Sovereign Living said shared ownership was designed to help people get on the property ladder.

“You purchase an initial share in your home and pay a discounted rent on the rest,” the statement continued. “Then, as your finances allow, you can buy further shares in your home as and when you choose.

“Usually you’ll also only need a 5% deposit of your share, rather than the total property value.

you could get a bristol harbourside flat with a 5k deposit 4 - You could get a Bristol Harbourside flat with a £5k deposit

(Image: Sovereign Living)

“So as long as you are over 18, your household income is less than £80,000 and you don’t already own a home (at the time of buying your shared ownership property) then shared ownership could be for you.”

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You can find out more about the scheme on Sovereign Living’s website.

The harbourside was named as one of the best places to live in the UK in 2020 by the Sunday Times.

The area came in at number three in the South West region in the newspaper’s annual round-up, behind Cheltenham in the top spot and Bear Flat in Bath at number two.

In recent years Bristol’s Harbourside has been subject to a massive regeneration project, with the likes of Wapping Wharf transforming the old dockside into one of the most popular spots in the city.

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