Britannia Mews, BB6 7GX

GBP 45,000
For Sale

Property Details

Property Type

Semi-Detached

Description

Property Details: • Type: Semi-Detached • Tenure: N/A • Floor Area: N/A

Key Features: • • 3 well-proportioned bedrooms and family bathroom • • Contemporary kitchen with some integrated appliances • • Spacious lounge with French doors to rear garden • • Downstairs cloakroom • • Floor coverings to kitchen, bathroom and cloaks • • 2 car parking spaces • • Turfed and fenced rear garden • • Secure with a refundable deposit of £350 • • Shares available from 25% dependent on affordability • • Full ownership available in the future

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 2nd Floor Balfour House 46-54 Great Titchfield Street London W1W 7QA

Full Description: Get on or stay on the housing ladder with a 5% deposit from as little as £3600 based on a 40% share of one of our beautiful 3 bed semi-detached homes.-  3 well-proportioned bedrooms with family bathroom -  Contemporary kitchen with some integrated appliances -  Spacious lounge with French doors to rear garden-  Downstairs cloakroom-  Floor coverings to kitchen, bathroom and cloaks-  2 car parking spaces-  Turfed and fenced rear garden-  Secure with a refundable deposit of £350-  Shares available from 40% to 75% dependent on affordability-  Full ownership available in the futureOnly two plots remaining!Plots 28 & 29 The Kendal - 3 bed semi-detached - current full market value £180,000 - available from 40% (£72,000)Shared Ownership - How it works and how you start the application processShared Ownership allows you to buy a share in a new home, ranging from 25% to 75%, depending on what you can afford. Progress Housing will own the remaining share and you pay a reduced rent on that share. This means that you will need a smaller deposit and mortgage than if you bought a property outright. Generally, you are able to buy a bigger property than you may otherwise be able to afford.You can buy more shares as and when you can afford them - this is called staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all. Your monthly payments could be less than renting privately.The current service charge is approx. £30pcm and is payable for maintenance of any common areas and to cover buildings insurance.As a homeowner, you will be responsible for the maintenance and repairs on your home. However, as it is a new build your property comes with a 10 year NHBC guarantee and many of the appliances will have a 2 year manufacturer's guarantee giving you peace of mind.Progress Housing will undertake an initial affordability assessment with you and can provide details of Independent Financial Advisors who can assist with obtaining a mortgage.

Location

Address

Britannia Mews, BB6 7GX

City

Wotton-under-Edge

Features and Finishes

• 3 well-proportioned bedrooms and family bathroom, • Contemporary kitchen with some integrated appliances, • Spacious lounge with French doors to rear garden, • Downstairs cloakroom, • Floor coverings to kitchen, bathroom and cloaks, • 2 car parking spaces, • Turfed and fenced rear garden, • Secure with a refundable deposit of £350, • Shares available from 25% dependent on affordability, • Full ownership available in the future

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