Under Offer - 1 bed Ground Floor Flat

• GROUND FLOOR APARTMENT
• LEASEHOLD - COUNCIL TAX BAND awaiting - EPC B
• ONE BEDROOM
• OPEN PLAN LOUNGE/KITCHEN
• SHOWER ROOM
• COMMUNAL GARDENS
• ALLOCATED PARKING FOR ONE
• HELP TO BUY WALES & ONLY 5% CUSTOMERS DEPOSIT

HELP TO BUY WALES SCHEME- ONLY 5% DEPOSIT NEEDED A very smart ground floor, refurbished 1 bedroom apartment, with allocated parking and forming part of the Penrhyn Homes Parc Derw Development, situated adjacent to Eirias Park, in the centre of Colwyn Bay. The property is situated close to the A55 Expressway, together with all the shopping amenaties available in the town centre and is only about half a mile from the Seafront with it's new beach and promenade.

LOCATION The Parc Derw development is a newly built residential development of traditionally built homes and apartments. Located on the outskirts of the popular town of Colwyn Bay with easy access to the shops, schools, leisure facilities and other amenities. Close by is the rejuvenated Promenade with coastal and beach walks and transport links to nearby towns and Chester and beyond. The Help to Buy Wales scheme is backed by the Welsh Government and is designed to make buying your own home easier, with the help of a shared equity loan. The scheme is available on new build properties up to £300,000, but soon reducing so make use whilst you can. You’ll need a 5% deposit to secure your home. The government will provide up to 20% of the value of the property in an equity loan, meaning you only need a 75% mortgage from a bank or building society. The equity loan can be repaid at any time and will be interest-free for the first five years. After that, interest will be charged at 1.75% of the equity loan, rising annually by Retail Prices Index plus 1% The loan is repayable after 25 years, or on the sale of your property if that happens first. *Check all details with a trained financial professional prior to proceeding with any lending. MATERIAL INFORMATION In Compliance with the Unfair Trading Regulations 2008 1. Tenure: Leasehold 999 years from 2023. Peppercorn Ground Rent. Not yet listed on Land Registry. We are informed by the Vendors that the Annual Service Charge is £720. 2. Conwy County Borough Council for Council Tax Band. 3. All mains services are connected. 4. Flood Risk - Rivers, Seas & Surface Water - Very Low Risk, Very Low Risk & Medium Risk. https://check-your-flood-risk.naturalresources.wales 5. Estimated Broadband Speed - Standard and Ultrafast. https://www.ofcom.org.uk/home 6. Mobile Coverage EE, Three are Limited & O2, Vodafone are Likely. https://www.ofcome.org.uk/home. 7. ICW 10 year Warranty 8. Help to Buy Wales Scheme Sales Particulars with useful Links below: