Property details
Currently under offer.
- 2 bedroom end-terraced house - £119,000 (70% share) – The remaining 30% share is retained by the Council
- Monthly rent: £87.48
- Service charge: £192 per annum (April – March)
- Buildings insurance: £182.73 per annum (April – March)
A good sized, recently built, two bedroom end-terraced property with gardens and parking, situated close to a wide range of amenities and public transport routes.
On the ground floor there is an entrance vestibule leading to a spacious lounge. From the lounge there is access to the inner hallway with guests’ WC/cloaks and a modern, fully fitted kitchen. The kitchen has a tiled floor and comprises a range of fitted base and wall units with contrasting worksurfaces, integrated oven and hob with glazed splash-back and overhead extractor canopy, built in fridge/freezer, wall mounted energy efficient Logic combi boiler, space for a dining suite and uPVC double glazed door leading to an enclosed lawned rear garden with planted border.
From the inner hallway there is a staircase leading to the first floor landing with additional built-in storage cupboards, two good sized bedrooms and a stylish, contemporary bathroom with tiled floor and three piece white suite comprising low level WC, handbasin in vanity unit and bath with overhead shower and glazed screen.
At the front of the property there is an open lawned garden with pathway to the side, leading to the rear garden. There are two allocated parking spaces beyond the front garden.
The property has gas central heating and uPVC double glazed windows throughout.
Items included - all carpets, curtains, blinds and light fittings.
The owner of the property is looking for a quick sale and there is no chain.
Shared Ownership Details
This property is offered for sale on a shared ownership basis. Shared ownership is a part-buy, part-rent scheme. It is supported by the Government and gives people the opportunity to buy a share in a property and pay a reduced rent on the remaining share. This means that buyers will need a smaller mortgage and deposit (minimum 5% subject to lender requirements) than they would need if they were buying the property outright. They will also have the option to buy more shares in the future, as and when they can afford to.
Basic Eligibility Criteria
In order to be considered for this property, applicants must meet the following criteria.
They must:
- be at least 18 years of age.
- not own any other residential property (applications from home owners may be considered if they can demonstrate that they are in the process of selling their current home. Equity from the proceeds of a sale will be taken into account).
- be in permanent employment. Applicants who are self-employed will need to be able to demonstrate that they can afford to maintain the costs of home ownership in the long term.
- agree to use the property as their own/main home throughout ownership, it cannot be rented out.
- not have a household income of more than £80,000 per annum.
- be able to demonstrate a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home during a financial assessment/credit check (please make sure your finances are in order before you apply to buy).
Applicants are unable to use housing benefit to buy a shared ownership property.
Please contact Affordable Housing on 0161 253 5371.