Property summary
The property is available on a 25% shared ownership basis - please note that buyers will need to meet certain criteria set out by Hightown Housing Association which are detailed below.
Entrance hall
Doors to all rooms, and a large built-in storage cupboard housing the gas boiler and a pressurised hot water system.
Kitchen / lounge / dining area
An open plan space with a window to the rear aspect. The kitchen incorporates a built-in electric hob with oven and extractor, and there is space / plumbing for additional appliances.
Bedroom
A double bedroom with a window to the rear aspect.
Bathroom
Suite comprises a close-coupled WC, a hand basin with mixer tap, and a panel bath with mixer tap and shower attachment.
Parking
An allocated space in the residents' car park.
Energy rating - C (79)
Lease information & monthly charges
Unexpired term - 88 years
Service charge - £162.84
Water charge - £16.25
Management fee - £23.33
Planned maintenance - £23.00
Rent - £394.00
hightown's eligibility criteria
The eligibility for a Shared Ownership property is if;
* you can’t afford to buy a house on the open market
* you are a British, EU or eea citizen or have ‘indefinite leave to remain’ in the UK
* you have a permanent contract of employment and not within a probationary period
* you have at least three years’ of audited accounts if you are self employed
* your income fits affordability for the property you wish to buy
* you have savings to cover the mortgage deposit plus approximately £3,000 for legal, survey and mortgage fees plus stamp duty (if applicable).
Check any possible stamp duty fees with your solicitor at the time of purchase.
If you don’t need a mortgage to purchase your share you will need enough funds to cover the above costs, less the mortgage fees.