House For Sale £107,500
£107,500
50% OWNERSHIP
Reckitt Drive, Swanland: Affordable living in a popular village. 50% ownership, off-street parking for two cars, two double bedrooms, spacious garden, close to well-regarded schools. With the potential to purchase a greater share of ownership after initial purchase.
Agent's Thoughts:
Welcome to Reckitt Drive, Swanland! This property offers a fantastic opportunity to live in one of the most sought-after villages in the region at an affordable price. With 50% ownership, it provides a great entry point onto the property ladder. The off-street parking for two cars ensures convenience, and the two double bedrooms offer ample space for a growing family. With an abundance of storage options, including loft space and a large cupboard on each floor, you have ample room to store your belongings. The spacious garden is perfect for outdoor activities and relaxation. Situated close to well-regarded schools, this home is ideal for families looking to settle down in a thriving community.
Tenure
The property is leasehold:
Ground Rent:
Monthly Service Charge: £281.39
Length of Lease (Number of yrs remaining): 123
What is Shared Ownership?
Shared Ownership allows you to buy a share in your new home. This will range from 25%-75% depending on what you can afford. You will then pay a reduced rent on the remaining share. The advantage to you the buyer is that you only need to get a smaller mortgage to buy the property, and you will also need a smaller deposit (your deposit is a percentage of the share that you are buying and not based on the full value of the property). You can buy more shares as and when you can afford them - this is called 'staircasing'. As you buy more shares you will pay less rent. In most cases you can eventually own 100% of the property and at that point you will pay no rent at all. As a homeowner, you will be responsible for the maintenance and repairs on your home.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band C.*
Fixtures & Fittings
Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
Disclaimer
*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Viewings
Strictly by appointment with the sole agents.
Site Plan Disclaimer
The site plan is for guidance only to show how the property sits within the plot and is not to scale.
Mortgages
We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our North Ferriby office on[use Contact Agent Button]. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Valuation/Market Appraisal:
Thinking of selling or struggling to sell your house? More people choose beercocks in this region than any other agent. Book your free valuation now!
