3 bedroom end of terrace house for sale

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £185,000). A great chance to buy a shared-ownership family home. The recently-constructed property has a cloakroom just off the entrance hallway and a reception room which leads through to a spacious kitchen/dining room featuring sleek, white units, integrated appliances and large-format, marble-style floor tiles. Patio doors open onto a south/south-east-facing rear garden. Upstairs, on the first floor, there is a main bedroom with en-suite shower room plus a second comfortable double bedroom, a smaller third bedroom and a naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system make for a very good energy-efficiency rating. The house comes with parking for two cars and Stoke city centre is only short drive away. Nearby Central Forest Park offers attractive, outside space to enjoy and there is a wide range of shops within easy reach.

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [HERE; ]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Heylo. Heylo Housing requires that all applicants must have permanent rights to reside in the UK.
Tenure: Leasehold (125 years from 2020).
Minimum Share: 50% (£92,500).
Shared Ownership Rent: £290.00 per month (subject to annual review).
Combined Building Insurance, Estate Charge and Management Fee: £38.24 per month (subject to annual review).
Guideline Minimum Income: Dual - £25,200 | Single - £28,300 (based on minimum share and 10% deposit).
Council Tax: Band C, Stoke-on-Trent City Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

WHAT IS SHARED OWNERSHIP ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and Homes England outside of London.

IS SHARED OWNERSHIP FOR YOU ?

The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.