OVER 55's BUNGALOW SOLD ON A 50% SHARED OWNERSHIP BASIS

If you are struggling to afford your ideal retirement property, then look no further. Situated in this popular residential area, and boasting allocated off street parking and access to communal gardens, this well appointed two bedroomed mid terraced bungalow offers the buyer a real opportunity to purchase a 50% share at this affordable price.

Just a short distance from Eastwood Park and the various shops and amenities in Hasland Village, the property is also situated close to good transport links into the Town Centre and towards Dronfield and Sheffield.

Shared Ownership - We are selling a 50% share of this bungalow, with the remaining 50% being retained by The Guinness Partnership. As discussed within the lower section titled Additional Information, there will be rent and a service charge payable which covers the rent on the outstanding share and also certain external maintenance works which will be undertaken by The Guinness Partnership.

In order to qualify for this shared ownership property, you must satisfy certain requirements. These are:-

* You must be at least 55 years of age.
* Have accumulative annual household of less than £80,000.
* This property cannot be purchased as a second home.
* You must be able to demonstrate that you have good credit history (no bad debts or County Court judgements) and can afford the regular payments and costs involved in buying the home.
* You must satisfy the affordability assessment carried out by an approved mortgage broker, using no more than 40% of their net monthly income (minus commitments) on housing costs.

If you are interested in this property, please contact Wilkins Vardy who will get your eligibility confirmed via The Guinness Partnership.

General - Gas central heating (Ideal Elan 2 Wall Mounted Boiler)
Mahogany effect uPVC double glazed windows and doors
Gross internal floor area - 48.5 sq.m./522 sq.ft.
Council Tax Band - A
Tenure: Leasehold
Secondary School Catchment Area - Outwood Academy Hasland Hall

A uPVC double glazed front entrance door opens into an ...

Entrance Hall -

Bedroom Two - 2.74m x 2.11m (9'0 x 6'11) - A front facing single bedroom.

Bedroom One - 4.42m x 2.72m (14'6 x 8'11) - A good sized front facing double bedroom having an overbed fitment which includes wardrobes, overhead storage units and display shelving.

Wet Room - Being fully tiled and having a shower area with an electric shower and folding half height shower doors, pedestal wash hand basin and a low flush WC.
Built-in cupboard.
Waterproof flooring.

Living Room - 3.86m x 3.73m (12'8 x 12'3) - A generous rear reception room having a sliding patio door which overlooks and opens onto communal gardens.

Kitchen - 2.90m x 2.11m (9'6 x 6'11) - Being part tiled and fitted with a range of wall, drawer and base units with complementary wood effect work surfaces over.
Inset single drainer stainless steel sink.
Space and plumbing is provided for a washing machine, and there is space for a freestanding cooker and an under counter fridge.
Built-in pantry providing additional storage space.
Laminate flooring.

Outside - To the front of the property there is an allocated parking space and to the rear there are communal gardens.

Additional Information - The property is Leasehold.

Lease Start Date: 01/12/1987
Lease End Date: 01/12/2086

Rent Payable: £103.63 per month
Service Charge Payable: £85.76 per month

The property is subject to an Over 55 age restriction.

Any prospective purchaser will be required to complete an application form and provide proof of age for the approval of the Guinness Partnership.