House For Sale £47,750
An early viewing is strongly recommended to fully appreciate the space and layout that this home has to offer. Benefiting gas central heating and uPVC double glazing throughout, arranged over 2 floors, the ground floor offers a generous entrance hallway with stairs to the first floor and a downstairs cloakroom w.c. A modern fitted kitchen/ diner to the front and comfortable sitting room to the rear with direct access to the rear garden. On the first floor there are 2 double bedrooms and a modern bathroom. Outside the gardens front and rear have been hard landscaped for ease of maintenance, the rear garden benefits a useful timber garden shed. There are 2 allocated parking spaces directly in front of the property.
Agents note: This property is offered to the market through the shared ownership scheme. The advertised sale price of 47,750 reflects the 25% share available for purchase, whilst the other 75% will be owned by Live West Homes Ltd, to whom a monthly rent of 322.15 will be paid (this will include building insurance and the monthly service charge). An incoming purchaser will have the opportunity, once completion has taken place, to purchase further shares in the property, as and when they choose, until they own 100% of the property.
The monthly rent will decrease as Live West Homes Ltds share decreases. The property is currently leasehold with a 125 year lease from 1st October 2016, however once 100% of the property is owned the property will become freehold.
Please note the current full market value of the property is 191,000. This information is correct as of 2.1.2020 but may be subject to change.
In order to purchase this property, an application must be made to Live West Homes Ltd, alongside a Help to Buy application. In order to qualify for a purchase, an incoming buyer must meet the local connection criteria as follows;
Local Connection means in relation to a person in need of affordable housing in order of priority;
- Immediately prior to the allocation of an affordable housing unit are ordinarily resident within the parish of Wellington.
- Have strong local connections with the parish of Wellington including having a family association in the said parish and/or periods of ordinary residence in the said parish not immediately before the date upon which any affordable housing unit becomes vacant and/or such persons who have permanent employment in the parish of Wellington.
- Immediately prior to the allocation of an affordable housing unit have been ordinarily resident within the parishes of Nynehead, West Buckland, Wellington Without or Langford Budville.
Location
Meyer Close is located on the Cades Farm development ideally placed on the outskirts of Wellington yet still within walking distance of the town centre. Wellington offers a wide range of independently run shops and larger national stores including the well renowned Waitrose. The town also benefits from a good assortment of educational and leisure amenities such as a Sport Centre with its own swimming pool and local cinema. The town itself stands between the River Tone and the Blackdown Hills. The County Town of Taunton is approximately 7 miles distant with its mainline railway station and the M5 can be accessed via Junction 26 just outside the town.
Directions
From the centre of Wellington proceed in the Taunton direction passing through the traffic lights and continue to the mini-roundabout taking the second exit to the next roundabout taking the third exit onto Cades Farm. Drive through the estate following the road as it bears right and then left. Drive around the green to the right hand side as you will see the property in the right hand side in a corner position.
Agents note: This property is offered to the market through the shared ownership scheme. The advertised sale price of 47,750 reflects the 25% share available for purchase, whilst the other 75% will be owned by Live West Homes Ltd, to whom a monthly rent of 322.15 will be paid (this will include building insurance and the monthly service charge). An incoming purchaser will have the opportunity, once completion has taken place, to purchase further shares in the property, as and when they choose, until they own 100% of the property.
The monthly rent will decrease as Live West Homes Ltds share decreases. The property is currently leasehold with a 125 year lease from 1st October 2016, however once 100% of the property is owned the property will become freehold.
Please note the current full market value of the property is 191,000. This information is correct as of 2.1.2020 but may be subject to change.
In order to purchase this property, an application must be made to Live West Homes Ltd, alongside a Help to Buy application. In order to qualify for a purchase, an incoming buyer must meet the local connection criteria as follows;
Local Connection means in relation to a person in need of affordable housing in order of priority;
- Immediately prior to the allocation of an affordable housing unit are ordinarily resident within the parish of Wellington.
- Have strong local connections with the parish of Wellington including having a family association in the said parish and/or periods of ordinary residence in the said parish not immediately before the date upon which any affordable housing unit becomes vacant and/or such persons who have permanent employment in the parish of Wellington.
- Immediately prior to the allocation of an affordable housing unit have been ordinarily resident within the parishes of Nynehead, West Buckland, Wellington Without or Langford Budville.
Location
Meyer Close is located on the Cades Farm development ideally placed on the outskirts of Wellington yet still within walking distance of the town centre. Wellington offers a wide range of independently run shops and larger national stores including the well renowned Waitrose. The town also benefits from a good assortment of educational and leisure amenities such as a Sport Centre with its own swimming pool and local cinema. The town itself stands between the River Tone and the Blackdown Hills. The County Town of Taunton is approximately 7 miles distant with its mainline railway station and the M5 can be accessed via Junction 26 just outside the town.
Directions
From the centre of Wellington proceed in the Taunton direction passing through the traffic lights and continue to the mini-roundabout taking the second exit to the next roundabout taking the third exit onto Cades Farm. Drive through the estate following the road as it bears right and then left. Drive around the green to the right hand side as you will see the property in the right hand side in a corner position.
