This is a Leasehold Property
Shared Ownership £140,000
**ANOTHER PROPERTY SOLD (stc) BY NIGEL POOLE & PARTNERS. FOR A FREE MARKET APPRAISAL CALL 01386 556506** **THREE BEDROOM MID TERRACE SHARED OWNERSHIP PROPERTY** This property is sold on a 40% shared ownership basis with a rent and service charge payable. Entrance hall; cloakroom; lounge and a superb kitchen/dining room. On the first floor there are three bedrooms and a bathroom. The rear garden is laid to lawn with a patio seating area. Garden shed. Two allocated parking spaces. Energy efficient with PV Solar renewable integrated into to the roof, highly insulated wall panels, Energy Efficient 'Warm Roof' Design, mechanical ventilation and waste water heat recovery system. Located in Georgian town of Pershore with easy access to a great range of amenities, excellent access to local train stations and motorway links.
Front
Laid to lawn. Allocated parking.
Entrance Hall
Doors to the cloakroom, storage cupboard, the lounge and the kitchen.
Cloakroom
5' 2'' x 3' 0'' (1.57m x 0.91m)
Obscure double glazed window to the front aspect. Wash hand basin and low flush w.c. Electric panel heater.
Lounge
15' 6'' x 12' 7'' (4.72m x 3.83m) max
Double glazed window to the front aspect. Television aerial point. Electric panel heater. Open to the dining room.
Kitchen/Dining Room
20' 7'' x 9' 11'' (6.27m x 3.02m)
Double glazed window to the rear aspect. Double glazed French doors to the garden. Wall and base units surmounted by worksurface. Sink and drainer. Integrated electric oven and hob. Space for a fridge freezer.
Landing
Access to the loft. Doors to the bedrooms and bathroom.
Bedroom One
20' 7'' x 11' 3'' (6.27m x 3.43m) max
Double glazed window to the front aspect. Electric panel heater.
Bedroom Two
12' 0'' x 9' 5'' (3.65m x 2.87m)
Double glazed window to the rear aspect. Electric panel heater.
Bedroom Three
9' 5'' x 7' 10'' (2.87m x 2.39m)
Double glazed window to the rear aspect. Electric panel heater.
Bathroom
6' 1'' x 5' 10'' (1.85m x 1.78m)
Panelled bath with shower over. Wash hand basin and low flush w.c. Tiled splashbacks. Electric heated towel rail.
Garden
Laid to lawn with a patio seating area. Garden shed.
Eligibility Criteria:
There are certain criteria you have to meet in order to qualify for a shared ownership property which are as follows:
• You have a household income of less than £80,000 per year
• You are a first time buyer i.e. you don’t already own a home or you are a homeowner but it doesn't meet your current needs and you cannot buy a suitable property outright. The current home must be sold subject to contract.
• You are at least 18 years of age
• You have a deposit and are able to secure a mortgage
• You will need to be financially qualified to confirm you can obtain a mortgage and we can offer you that service
• You will then need to register with homechoice plus https://www.homechoiceplus.org.uk/
Tenure: Leasehold
Rent per month: £481.25
Service charge per month £61.95
The term of the lease is 125 years. This is a restricted lease which means the shared owner can staircase out to 100% however will never own the freehold and will continue to be a leaseholder to Bromsgrove District Housing Trust once 100% ownership has taken place. If a purchaser staircases to 80%, when they come to sell, there is a mandatory buyback clause which means BDHT will buy the property back at the RICS valuation at the time of the sale.
Council Tax Band: TBC
Broadband and Mobile Information
To check broadband speeds and mobile coverage for this property please visit:
https://www.ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker and enter postcode WR10 1RH
Important information
This is a Leasehold Property
Pershore
Pershore
Worcestershire
WR10 1EU
United Kingdom
T: 01386 556506
E: tania.port@nigelpooleestateagents.co.uk