2 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Leasehold
- 2 Bed 50% Shared ownership
- Private garden
- Local connection required
- Gas Central Heating
- 2 Allocated parking spaces
The accommodation comprises of entrance hall through to WC, open plan living area with patio doors to the rear garden with rear access. On the first floor there are two bedrooms, bathroom with shower over bath. This property also benefits from driveway parking for 2 cars, rear south facing garden, wood burner, gas central heating and double-glazed windows.
How Does Shared Ownership Work? - If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.
The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.
Shared Ownership Information - LOCAL CONNECTION TO TEWKESBURY BOROUGH OR GLOUCESTER CITY REQUIRED
Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.
Open Market Value: £285,000
50% Share: £142,500
Rent per month: £382.28pcm
Service Charges per month: £20.21pcm
Buildings insurance per month: £5.21
These costs will increase each year with inflation
Ground Floor -
Entrance Hall - Doors leading to WC and living area
Wc - White wash hand basin and low level WC
Open Plan Living Area - 4.34 x 8..84 (14'2" x 26'2".275'7") - Lounge area with wood burner. Fitted kitchen with range of wall and base units, sink, integrated dishwasher, space for washing machine and fridge/freezer. Electric oven with gas hob with hood over. Window to front elevation and windows and patio doors to rear elevation, doors to enclosed rear garden with side access.
First Floor - Landing with doors to 2 bedrooms and bathroom. Loft access which is boarded.
Bedroom 1 - 4.34 x 3.29 (14'2" x 10'9") - Window to front elevation
Bathroom - White wash hand basin and low level WC, bath with twin head mixer shower over.
Bedroom 2 - 4.34 x 2.99 (14'2" x 9'9") - Window to rear elevation
External - Driveway parking for 2 cars, enclosed rear garden with side access and shed.
Disclaimer - All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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Broadband availability and predicted speed: obtained from Ofcom on July 17, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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