2 bedroom semi-detached house for sale

AN EARLY INTERNAL INSPECTION IS STRONGLY RECOMMENDED of this modern, well presented and attractively planned house, ideally suited for first time buyers and offered for sale on a shared ownership basis with the asking price representing 30% share of ownership plus a monthly rental of £332.70 for the remaining share. The gas centrally heated and double glazed accommodation briefly comprises: Hall, open plan Living-Dining kitchen, Rear Vestibule and WC to the ground floor with two Double Bedrooms and Bathroom to the first. Outside, the property stands in well maintained lawned gardens and has two allocated parking spaces in a car park to the rear. Langford Drive forms part of the Pavillion Gardens estate at Kew with Kew Woods Primary School and local shops located on Ovington Drive.

HALL

OPEN PLAN LIVING/DINING/KITCHEN 26' 4" x 9' 11" (8.03m x 3.02m)

REAR VESTIBULE

WC

FIRST FLOOR:

LANDING

BEDROOM 1 11' 2" x 10'plus recess (3.4m x 3.05m)

BEDROOM 2 13' 5" x 7' 5" plus door recess (4.09m x 2.26m)

BATHROOM 7' 1" x 6' 5" (2.16m x 1.96m)

OUTSIDE: The property stands in well maintained lawned gardens and has two allocated parking spaces in a car park to the rear.

SHARED OWNERSHIP: Shared Ownership allows you to buy a share in a new home, depending on eligibility and what you can afford. A housing association, in this case, Jigsaw Homes Group, owns the remaining share, and you will pay a reduced rent on this share. This means that you need to get a smaller mortgage to buy the property, and will also need a smaller deposit. You can buy more shares as and when you can afford them - this is called 'stair-casing'. As you buy more shares, you will pay less rent. Shared ownership does not mean that you buy with someone you don't know. It also does not mean that you have to share the property with other people. You can buy on your own and live in the property on your own.

We are advised by Jigsaw Homes Group that the Lease will allow ownership up to 100% and at that stage the Freehold would also be transferred over. The Lease allows for staircasing to be done at any time, so any buyers can purchase additional equity, up to 100%, once they become owners. It is possible for the buyer to buy more than the 30% share currently offered as part of the sale under a process known as back-to-back staircasing. Essentially, the buyers would buy the current owner’s share, plus equity from Jigsaw Homes Group as part of the same transaction.

SERVICE CHARGE AND RENT: The vendor has supplied lease and service charge documentation showing the monthly rent to be £332.70 and monthly service charge to be £39.10 - Total: £371.80 These charges are reviewed every April.

COUNCIL TAX: Enquiries made of the Council Tax Valuation List indicate the property has been placed in Band (C)

TENURE: Leasehold for a residue term of 125 years from 1/1/2000 with no ground rent payable.

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