Property Details: - Type: End of terrace house - Bedrooms: 2 - Bathrooms: 1

Agent: SOWN - National Phone: 023 8221 9179

Shared Ownership<br/><br/>This superb modern home is available to buy from as little as £118,000 with a 40% share!<br/><br/>Situated in a desirable residential setting, this well-presented home offers a stylish and practical layout ideal for modern living. The ground floor features a bright and spacious open-plan kitchen and reception area, thoughtfully designed to create a welcoming space for both relaxing and entertaining. Contemporary fittings and a smart layout enhance the overall sense of comfort and functionality, while natural light flows throughout.<br/>Upstairs, the property continues to impress with two bedrooms and a modern family bathroom, all finished to a clean and comfortable standard. The layout is well suited to a range of buyers, whether you are looking for a first home or downsizing.<br/>Externally, the property benefits from a private garden, providing an excellent outdoor space for dining, leisure, or simply unwinding. In addition, allocated parking ensures convenience and ease for residents. Combining practicality with modern appeal, this home represents an excellent opportunity in a sought-after location.<br/><br/>The property is well positioned for a range of local amenities, including shops, cafes, and everyday conveniences, all within easy reach. Excellent transport links are available nearby, with a mainline train station providing direct connections to larger towns and cities, as well as convenient road access to major routes, making it ideal for commuters.<br/><br/>PRICING & AFFORDABILITY<br/><br/>Full Market Value: £295,000<br/><br/>40% Share Price: £118,000 (rent £392.99pcm)<br/>Minimum 5% Mortgage Deposit (% share): £5,900<br/>Approximate Service Charges: £22.75 pcm* <br/>Lease: 114 years<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/><br/>* This home can also be purchased outright (100% of the value) which is £295,000 and a purchaser would not need to meet the eligibility criteria listed above.<br/>