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House For Sale £120,000
Foxlydiate Lane B97


Description
Last shared ownership home available


Welcome to Silverbrook Meadows, a brand-new development in Webheath, Redditch. This beautifully picturesque, brand-new development of only 63 properties is conveniently located just over a mile from the historically excellent town of Redditch.

Plot 21 is last shared ownership property we have available.

Full Market Value ** - £300,000
40% Share Value * - £120,000
Monthly Rent Payment - £412.50
Monthly Service Charge -£37.85
Service Charge is inclusive of Building Insurance

This 3 bedroom end terrace new build home is built to a high standard and specification with contemporary kitchens and modern fixtures and fittings. You will also have a turfed rear garden, allocated parking and a 10 year new build warranty is included. There are plenty of local amenities close by and with Redditch Train Station just over a mile away and easy access to M42 there will be no problem with any commute for work or access to leisure activities.

These properties are due for build completion in February 2023, we're therefore currently unable to offer viewings and will be accepting reservations off-plan.

Council Tax tbc - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.

EPC is projected - due to these properties being new builds EPC is projected as B


Homes are available for sale through Shared Ownership, a Government-backed scheme offering a fantastic opportunity for those who want to get a foot on the property ladder but can't afford to buy a home on the open market. It allows you to buy a share in a brand new leasehold property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. After the initial purchase it is possible to buy further shares and eventually own these properties outright. There is additional eligibility criteria for this development where local connection is required and will be prioritised

**Prices are correct at the point of publishing, however may change subject to market valuations.

*Share price is dependant upon the maximum household affordability





Follow the link for more information:
        
zoopla.co.uk

  
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