Longs Mill is part of the popular Brookbridge development in Derby. The development is grade II* listed with the original features being kept and exposed a much as possible. There is a CCTV system that controls the main entry areas and door entry systems with video link TV within the property.
Longs Mill is the earliest known example of a fire-proof silk mill and features a vaulted brick ceiling and cast iron columns. Being the tallest of the Brookbridge Mills, Longs Mill affords panoramic views of the city from the upper floors. There are three apartments arranged on each floor with direct access to the secure courtyard.
The development is 2 minutes walk from Friar Gate, with an array of restaurants and bars, is a short walk to Derby city centre and within close proximity to Westfield Shopping Centre. You benefit from a Sainsbury’s supermarket within walking distance and for those that like to dine out, Masa restaurant is local, consistently voted Derby's Best Restaurant.
The property has a large living area, two large bedrooms, a large bathroom and a spacious entrance hallway. Ideal for the first time buyer!
If you’re eligible for Shared Ownership, you’ll be able to buy a share in one of the apartments with a mortgage and pay rent on the remaining share, owned by MHO.*
Shared Ownership means you’ll pay a lower deposit and monthly housing costs approximately 20% less than if you were buying the same property outright on the open market or renting it privately. MHO only sell affordable homes in to customers who have applied and been approved for affordable home ownership through EmHomebuy Visit http://emhomebuy.org.uk/ to make your application.
Full valuation price £ 117,500
- Share 50 %
- Share price £ 47,000
- Rent per month £ 215.74
- Service charge per month £ 134.09
- Minimum household income £ 19,000
- Minimum savings £ 5,000
- Approx Monthly Mortgage payments £ 272.41
- Total Monthly Payments £ 622.24