3 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Leasehold
- POPULAR BERRY HEAD PARK LOCATION
- WALKING DISTANCE TO BERRY HEAD
- DRIVEWAY PARKING FOR MULTIPLE CARS
- 40% SHARE WITH STAIRCASE OPTION
- QUIET CUL-DE-SAC POSITION
- LOW MAINTENANCE GARDEN
The property itself is tucked away on the quiet cul-de-sac of Regard Close. As you enter the property via the spacious hallway, the kitchen is to the right with cream gloss units and stone effect worktops, the downstairs W.C is central to the property, whilst the spacious lounge / dining room is to the rear with access to the back garden. On the first floor are three bedrooms and a family bathroom with shower over bath and airing cupboard housing a gas combi boiler. The loft has been altered to create an attic summer office or would provide brilliant storage.
Outside, driveway parking is to the side of the house, whilst a low maintenance well landscaped garden is to the rear.
This property is being offered as a 40% shared ownership with rent payable on the remaining 60% share. This percentage figure can be altered if a new owner wishes to increase their percentage ownership (all the way to 100% if required). Eligible criteria must be met for a potential buyer to be successful in the purchase. Further information can be found within the brochure.
ENTRANCE HALL
Composite front door with canopy over. Radiator. Electrical consumer unit. Stairs to first floor.
KITCHEN - 10' 0'' x 8' 8'' (3.05m x 2.64m)
Gloss cream wall and base units with stone effect worktops and upstands. One and a quarter bowl stainless steel sink with drainer. Four ring electric hob with oven under and cooker hood over. Space for washing machine and free standing fridge freezer. Radiator. Window to front.
W.C
Close coupled W.C. Pedestal wash basin with tiled splash back. Radiator.
LOUNGE / DINER - 15' 7'' x 14' 8'' (4.75m x 4.47m)
Spacious room with window and door to back garden. Cupboard under stairs. Radiator.
FIRST FLOOR - LANDING
Loft hatch, with wooden ladder accessing attic room currently used as summer office.
BEDROOM 1 - 13' 3'' x 8' 7'' (4.04m x 2.61m)
Window to rear. Radiator.
BEDROOM 2 - 14' 10'' x 7' 5'' (4.52m x 2.26m)
Window to front. Radiator.
BEDROOM 3 - 7' 11'' x 10' 8'' narrowing to 6'7" (2.41m x 3.25m)
Window to front. Radiator. Cupboard over stairs.
BATHROOM - 9' 9'' x 6' 8'' (2.97m x 2.03m)
Bath with shower over, tiled surround and glass shower screen. Close coupled W.C. Pedestal basin with tiled splash back. Radiator. Window to rear. Airing cupboard housing Ideal Logic combi boiler.
OUTSIDE
BACK GARDEN
Central artificial grass with large composite deck area. Outside socket and drain ideal for hot tub. Patio area adjacent to property. Gated access to driveway. Outside tap.
FRONT GARDEN
Driveway parking for multiple cars. Electric car charge point. Garden shed.
EPC RATING: B
COUNCIL TAX BAND: C
LEASE INFORMATION
125 years from and including 1 March 2019You cannot keep pets at the home without prior written consentRent and service charge is reviewed annually in April £199.78 (subject to change)You can staircase after purchase and buy up to 100% of the property. If 100% is purchased the freehold is also transferred. You cannot sublet (rent out) your entire home unless you either have permission or own 100%.
QUALIFYING CRITERIA
Who can apply?How do I proceed? Eligibility check 1 You will need to apply with Help to Buy South who will confirm your eligibility. Help to Buy is a Government backed scheme, are available for those that need it in their area. The sooner you register with Help to Buy South the better, as we cannot proceed without it. If your application is successful, you will be required to provide a copy of your Help to Buy South application form.In order to be considered for shared ownership, you will need to:1. Be unable to buy a similar property for your needs on the open market.2. Have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal andmoving costs.3. In most cases you will need to have local connection to the area where you would like to buy. This condition may form part of a local planning agreement. The applicant (or member of the applicant's household) must have lived within Torbay for five years.Applicants who are not currently resident in the district/area who can demonstrate a strong association to the local area will be able to qualify (e.g. through family association or employment). 4. Have a gross household income of less than £80,000 per year.5. Not currently own or have an interest in another property (although you may apply once you have a buyer for your property).6. Be registered with and confirmed eligible for shared ownership by Help to Buy South. (please visit helptobuyagent3.org.uk or [use Contact Agent Button]).
RENT CHARGABLE ON THE REMAINING SHARE
If you buy a 40% share, the share purchase price will be £122,000 and the rent will be £328.48 a month. Your annual rent is calculated as 2.15% of the remaining share of the full market value owned by the landlord. In addition to the rent above, the monthly payment to the landlord includes:Service charge £16.65 (includes management company & sinking fund charge) Buildings insurance £13.89Total monthly payment excluding rent £30.54(these are subject to change during the purchase process
Council Tax Band: C
Tenure: Leasehold
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Broadband availability and predicted speed: obtained from Ofcom on July 12, 2023
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