Affordable Housing Scheme

Here is a chance to own your own home in an exclusive private development….at a reduced cost to market prices.

As a result of Part V of the Local Government (Planning and Development Act) 2000, properties for sale as ‘Affordable Housing’ have become available at the following location:

Sligo: Castlewood, Castle Street, Sligo.

(1, 2 and 3 Bedroom Apartments ranging in price from €140,000 – €165,000)

These apartments have been conceived and designed with every modern feature in mind. All apartments are spacious and bright and have the following features;

• Electronic Storage Heating
• Fitted Kitchens
• Tiled kitchens and bathrooms
• Ten year home bond
• Balconies with hardwood decking
• Underground car parking
• High Quality wardrobes
• Smoke detectors
• Lift to each floor

Applications are now being accepted from persons interested in the above. Prospective applicants should note that a gross annual income of between €30,000 – €35,000 is required to sustain anticipated mortgage repayments on a maximum mortgage of €160,050 or 97% or asking price)*.

*At current rates, repayments on €160,050 over a 30 year term would be approximately €750 per month (inclusive of mortgage protection insurance)

Minimum required deposits (3%) range between €4,200 – €4,950.

The closing date for receipt of applications is 4.00 pm on the 21st October, 2009.

This is an opportunity not to be missed!

For further information and application forms please contact the Housing Section, Sligo Borough Council, City Hall, Quay Street, Sligo. Tel 071 9114400 or email housing@sligoborough.ie

P.R. Gallagher,
A/Director of Services.

Published on the 23/09/2009