House For Sale £74,000
Summary
*** shared ownership *** The development is located to the south of Coleford town centre, This two bed semi-detached house comprises: Downstairs WC, kitchen, living/dining room, two double bedrooms, and a main bathroom. Outside the property benefits from a rear garden and allocated parking.
Description
Entrance Hall
Living/dining 15' 5" x 11' 4" ( 4.70m x 3.45m )
Kitchen 8' 2" x 14' 6" ( 2.49m x 4.42m )
Bedroom 1 15' 5" x 11' 10" ( 4.70m x 3.61m )
Bedroom 2 8' 7" x 14' ( 2.62m x 4.27m )
Bathroom
Specification
- Downstairs WC
- Contemporary fitted kitchen with selected appliances
- Fitted carpetsin lounge, hall, landing and bedrooms
- Vinyl flooring to kithcen/diner, bathroom and downstairs WC
- Turfed rear garden
- Allocated parking
How Does It Work?
You buy a share of your home (usually between 40% and 75% of the home's value) and pay rent and a service charge on the remaining share. You can buy bigger shares at a later stage when you can afford to. The more of the property you own, the less rent you pay. You'll need to take out a mortgage to pay for your share of the home's purchase price, or fund this through your savings/cash. Shared ownership properties are leasehold however they do change to become freehold if you get to 100% ownership. Approval needed by Stonewater homes and help to buy. Remember this scheme is not just for first time buyers
Purchase Details
Price displayed for a 40% share, with rent and other rates payable thereafter. Prospective purchasers will need to purchase the maximum that is affordable to them with the minimum percentage share of 40%.
The criteria that must be met in order to qualify for a Shared Ownership Property are:
1. Be registered with Help to Buy
2. Be first time buyers (or owned with partner previously) and cannot afford to buy on the open market. Not investor buyers.
3. Must demonstrate that they can afford to sustain Shared Ownership requirements i.e. Afford the monthly outgoings as below.
4. Household earnings must not exceed £80,000 per year.
£500 reservation fee
Stonewater
Stonewater is a social housing provider, with a mission to deliver good quality, affordable homes to people who need them most. We manage around 32,500 homes in England for over 70,000 customers, including affordable properties for general rent, shared ownership and sale, alongside specialist accommodation such as retirement and supported living schemes for older and vulnerable people, young people's foyers and women's refuges.
Our ambitious house-building programme aims to build a minimum of 1,500 new homes a year from 2022/23 and we have a good pipeline of development to achieve this, driven by our vision of everyone having the opportunity to have a place that they can call home. We plough our surplus into building new homes, improving our existing housing stock and investing in customer services. Our 800+ employees embody our values - being ambitious, passionate, agile, commercial and ethical. We achieved a 'One Star' rating in the 2019 Best Companies survey and are ranked 78th in the Top 100 best not-for-profit organisations to work for and 25th in the best housing associations to work for in 2019.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
*** shared ownership *** The development is located to the south of Coleford town centre, This two bed semi-detached house comprises: Downstairs WC, kitchen, living/dining room, two double bedrooms, and a main bathroom. Outside the property benefits from a rear garden and allocated parking.
Description
Entrance Hall
Living/dining 15' 5" x 11' 4" ( 4.70m x 3.45m )
Kitchen 8' 2" x 14' 6" ( 2.49m x 4.42m )
Bedroom 1 15' 5" x 11' 10" ( 4.70m x 3.61m )
Bedroom 2 8' 7" x 14' ( 2.62m x 4.27m )
Bathroom
Specification
- Downstairs WC
- Contemporary fitted kitchen with selected appliances
- Fitted carpetsin lounge, hall, landing and bedrooms
- Vinyl flooring to kithcen/diner, bathroom and downstairs WC
- Turfed rear garden
- Allocated parking
How Does It Work?
You buy a share of your home (usually between 40% and 75% of the home's value) and pay rent and a service charge on the remaining share. You can buy bigger shares at a later stage when you can afford to. The more of the property you own, the less rent you pay. You'll need to take out a mortgage to pay for your share of the home's purchase price, or fund this through your savings/cash. Shared ownership properties are leasehold however they do change to become freehold if you get to 100% ownership. Approval needed by Stonewater homes and help to buy. Remember this scheme is not just for first time buyers
Purchase Details
Price displayed for a 40% share, with rent and other rates payable thereafter. Prospective purchasers will need to purchase the maximum that is affordable to them with the minimum percentage share of 40%.
The criteria that must be met in order to qualify for a Shared Ownership Property are:
1. Be registered with Help to Buy
2. Be first time buyers (or owned with partner previously) and cannot afford to buy on the open market. Not investor buyers.
3. Must demonstrate that they can afford to sustain Shared Ownership requirements i.e. Afford the monthly outgoings as below.
4. Household earnings must not exceed £80,000 per year.
£500 reservation fee
Stonewater
Stonewater is a social housing provider, with a mission to deliver good quality, affordable homes to people who need them most. We manage around 32,500 homes in England for over 70,000 customers, including affordable properties for general rent, shared ownership and sale, alongside specialist accommodation such as retirement and supported living schemes for older and vulnerable people, young people's foyers and women's refuges.
Our ambitious house-building programme aims to build a minimum of 1,500 new homes a year from 2022/23 and we have a good pipeline of development to achieve this, driven by our vision of everyone having the opportunity to have a place that they can call home. We plough our surplus into building new homes, improving our existing housing stock and investing in customer services. Our 800+ employees embody our values - being ambitious, passionate, agile, commercial and ethical. We achieved a 'One Star' rating in the 2019 Best Companies survey and are ranked 78th in the Top 100 best not-for-profit organisations to work for and 25th in the best housing associations to work for in 2019.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
