SALE AGREED - Offered with 45%* share of the leasehold - a purpose built first floor apartment built by Linden Homes circa 2011 presented with a rendered elevation and masonry paint finish.
The accommodation benefits from mains electricity, water, drainage, gas central heating and UPVC double glazing. This comprises an entrance hallway with two built-in storage cupboards and hatch to loft which has been partly boarded. The living area/kitchen is open-plan with the kitchen area having a range of laminated gloss wall and base units, complementing work surface and a stainless steel sink with drainer. There is an integrated gas hob, electric oven, back plate with extractor hood over, 'fridge/freezer together a washing machine/dryer. The kitchen area is also defined by vinyl flooring.
The two double bedrooms enjoy a pleasant aspect to the front and are served by a family bathroom comprising a panelled bath with shower attachment, WC, wash hand basin, heated towel rail and extractor fan.
Externally, there are communal areas with a defined parking area incorporating an allocated parking space, timber framed bin/recycling store, landscaped gardens to the rear, which have been designed to provide a useable outside space.
We understand that the lease is 125 years from 1st January 2011 and the service charge is in the region of £500 per annum although this has not as yet been verified. Council Tax Band C.
* This the percentage of the Open Market Value calculated by the sellers RICS approved valuation report. All applications are to be submitted via Taylor Tofts for consideration and are subject to qualification.
- Applicants need to be deemed in need of affordable housing, ie they can’t afford to buy on the open market in that area. There is a maximum household income cap of £80,000. - The HCA’s policy on occupancy levels apply. - Priority is given to first time buyers with local connections whilst maximising household occupancy. - Applicants must not own another property when applying for shared ownership. For applicants going through a relationship breakdown that involves selling the marital home, the property must have a sale proceeding, buyer found or sold subject to contract to enable them to be considered for a shared ownership property. - Priority is not given to Cash purchasers’. Cash purchasers’ that wish to apply, must have a legitimate barrier to obtaining mortgage finance. We will require evidence of this barrier, such as a letter from the lender or decision in principle, to enable their application to be considered. - If there are any specific restrictions on the development, any prospective buyers may be required to be approved by the Local Authority and also be assessed by them. - The property must be their sole residence and not subject to a tenancy.