Property Details: - Type: Terraced house - Bedrooms: 3 - Bathrooms: 0
Agent: McKinlays - Taunton Phone: 01823 760063
<p>Take your first step onto the property ladder with this attractive three-bedroom shared ownership home, situated in the popular Meyer Close development in Wellington, offering comfortable accommodation and an attractive opportunity for first-time buyers.</p><p>The property provides a welcoming entrance leading into the main living accommodation, with a separate kitchen providing useful storage and workspace. The accommodation is complemented by well-proportioned bedrooms and a family bathroom.</p><p>Outside, the property benefits from private garden space, providing an ideal area for relaxing, entertaining and enjoying the warmer months. The property also benefits from its established residential setting, with local amenities, schools, shops and Wellington town centre all within convenient reach.</p><p>Wellington provides a good range of everyday amenities together with excellent transport links, including convenient access to the M5 motorway and the surrounding Somerset countryside.</p><p>The property is available on a 45% shared ownership basis with rent payable to LiveWest, providing an affordable way to secure a home in this sought-after location. There is also the option to purchase additional shares over time, allowing you to staircase up to full ownership should you wish.</p><p>Please see the floorplan for dimensions</p><p>Use what3words for directions: ///<a target="_blank" href="https://what3words.com/notebook.jots.sound">notebook.jots.sound</a> Click here to take you to what3words</p><p><b>Please Note</b>: Buying a 45% share, the share purchase price will be £117,000 and the rent will be £318.30 a month. You can staircase up to the full 100% of the property, and at this stage the freehold will be transferred to your ownership.</p><p>Buildings insurance £15.64</p><p><b>Eligibility</b>: You can apply to buy the home if both of the following apply:</p><p></p><ul><li>your household income is £80,000 or less</li><li>you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs</li></ul><p>One of the following must also be true:</p><p></p><ul><li>you're a first-time buyer</li><li>you used to own a home but cannot afford to buy one now</li><li>you're forming a new household - for example, after a relationship breakdown</li><li>you're an existing shared owner, and you want to move</li><li>you own a home and want to move but cannot afford to buy a new home for your needs</li></ul><p>If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.</p><p>As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.</p><p><b>Please contact McKinlays for an application form. </b></p><p><br/></p><br/><b>Disclaimer: </b>Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point of particular importance to you, we will be pleased to check the information.These Particulars do not constitute a contract or part of a contract. The Fixtures, Fittings and Appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale Whilst every attempt has been made to ensure the accuracy ofthe floor plan contained here, measurements of doors, windows, rooms and anyother items are approximate and no responsibility is taken for any error,omission, or mis-statement. This plan is for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given.
