Property Details: - Type: Detached house - Bedrooms: 4 - Bathrooms: 2
Agent: SOWN - National Phone: 023 8221 9179
Shared Ownership<br/><br/>This superb modern home is available to buy from as little as £182,000 with a 40% share!<br/><br/>Offered to the market with no onward chain, this impressive detached family home occupies a superb position within the development with stunning views over open countryside and is situated in the sought after village of Hardwicke.<br/><br/>Well designed throughout, the property offers a spacious 22ft kitchen/dining room, a generous reception room, a separate study ideal for home working, and a convenient downstairs cloakroom. Upstairs, there are four well proportioned bedrooms, including a spacious principal bedroom complete with a dressing room and en suite and a family bathroom.<br/><br/>Outside, the property benefits from a detached garage, driveway parking and enclosed rear garden.<br/><br/>Located on the popular Hunts Grove development in Hardwicke, the property enjoys a convenient village setting with a range of local amenities including supermarkets, schools, cafés, pubs and healthcare facilities all within easy reach. The nearby Gloucester & Sharpness Canal offers scenic walking and cycling routes, while Gloucester Quays and the historic city centre provide an excellent selection of shops, restaurants and leisure facilities just a short drive away. The local primary school is also just a short walk from the house.<br/><br/>The property is ideally positioned for commuters, with excellent transport connections via the A38, providing easy access to Gloucester, Cheltenham and Bristol. The M5 motorway (Junctions 12 and 11a) is just a short drive away, offering convenient links across the South West and Midlands. Gloucester railway station also provides direct services to Birmingham, Bristol and London Paddington.<br/><br/>PRICING & AFFORDABILITY<br/><br/>Full Market Value: £455,000<br/><br/>40% Share Price: £182,000 (rent £685.45pcm)<br/>Minimum 5% Mortgage Deposit (40% share): £9,100<br/>Approximate Service Charges: £65.53pcm* <br/>Lease: 119 years remaining<br/><br/>ELIGIBILITY<br/><br/>Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.<br/><br/>To be eligible for shared ownership you would need to meet the following criteria:<br/><br/>• Your annual household income does not exceed £80,000.<br/>• You have a deposit of at least 5% of the share value<br/>• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. <br/>• This will be your only residence.<br/>• You are a permanent UK resident or have indefinite right to remain.<br/><br/>*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.<br/>
