This is an excellent opportunity to purchase a 50% share of a ground floor retirement apartment situated in a highly sought-after Monifieth location with local amenities including shops, schools, golf links, popular shore area and excellent transport links nearby. Accommodation comprises a bright and spacious lounge, fitted kitchen, shower room with three-piece suite and two double bedrooms. The property is serviced with electric heating and double glazed throughout. Externally the property benefits from shared garden grounds and residents parking facilities. The development is restricted to over 55's and Caledonia Housing retain a 50% share of the property. Factoring fees apply.
The purchaser must be approved by Caledonia Housing Association. There may be the option to purchase further shares in the property, and the purchaser should contact Caledonia Housing Association for more information.
This coastal community, which dates back to the 9th Century, proudly boasts it is one of the sunniest towns in the country. Not surprisingly, it is popular with families and the retirement sector seeking the quality of life which tends to go hand-in-glove with life by the beach.
Like other towns strung along the coast, Monifieth has witnessed substantial development to meet ever growing demand for homes, yet the population remains below the 9000 mark. Research indicates that a high proportion of residents daily make the seven mile trip along the A92 into Dundee for work.
Two primary schools feeding into Monifieth High School, whose catchment area since 1976 includes nearby Angus villages, allied to town centre shops, two golf courses, cycle paths and the post-Millennium Blue Seaway leisure development ensure there's no shortage of facilities in a lively town which pans out from the seafront.
This monthly repayment amount reflects the estimated cost of your mortgage each month.
*By clicking refer me below, TSPC will refer you to an independent mortgage adviser regulated by the FCA. By asking for a referral you agree to your contact information being shared.
Learn all about Land & Buildings Transaction Tax (LBTT) in Scotland, including rates, first-time buyer relief, and how to calculate your tax bill. For more information about LBTT click here