House For Sale £84,000
37 Meyer Close is a modern 2 bedroom terraced house situated in an elevated position on this popular development on the outskirts of Wellington. Having been built by Persimmon Homes in 2017, the property is timber frame with a rendered outer leaf under a tile roof and benefits from the remainder of its NHBC warranty. Benefiting from uPVC double glazing and gas central heating the property offers an excellent home for an incoming buyer and is offered to the market with NO ONWARD CHAIN.
The well balanced accommodation is arranged over two floors and briefly comprises an entrance hall with downstairs cloakroom, spacious kitchen/dining room and sitting room with door to the rear garden. To the first floor there are two generous double bedrooms serviced by the family bathroom with a shower over the bath.
Outside, to the front of the property there is off road parking for two vehicles. The main garden lies to the rear and is predominantly laid to lawn with a patio adjacent to the house and a pedestrian gate providing access from the rear.
This property is offered to the market through the shared ownership scheme. The advertised sale price of £84,000 reflects the 40% share available for purchase, whilst the other 60% will be owned by LiveWest Homes Ltd, to whom a monthly rent of £260.78 will be paid. In addition to the monthly rent there will be at monthly service charge of £27.69 which includes the management company charges and sinking fund charges along with a monthly building insurance fee of £12.42. 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 LiveWest Homes Ltd’s 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 £210,000.
In order to purchase this property, an application must be made to LiveWest Homes Ltd, via LIVEWEST.CO.UK/APPLY-FOR-YOUR-RESALE-HOME. In order to qualify for a purchase you must have a gross household income of less than £80,000 per year, do not currently own a property (or that is is SSTC), you cannot afford all of the deposit and mortgage payment to buy a home that meets your needs on the open market and have a sufficient deposit and funds available to pay associated costs. There will also be a payable reservation fee of £500 to secure the property. Please note the application process is done on a first come first served basis. For further information on the scheme, please contact Wilkie May & Tuckwood on[use Contact Agent Button]. This information is correct as of 08.02.24 but may be subject to change.
LOCATION
Meyer Close is located on the Cades Farm development within walking distance of the town centre with a local primary school located close by. 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 our Wellington office 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. Follow the central road right through the development, leading to Meyer Close. Continue on this road around the green and to the houses behind where, upon turning right, the property will be seen on the left hand side.
Council Tax Band: B
Tenure: Leasehold
