House For Sale £102,000
A larger than average 2 double bedroom semi-detached house situated on the popular Jurston Fields development, built by reputable family builder C G Fry & Son in 2022 and benefiting from the remainder of its 10 year NHBC warranty.
The well balanced accommodation is arranged over two floors and briefly comprises an entrance hall with downstairs cloakroom, spacious kitchen/dining room with a range of wall and base units, an integrated oven and hob and space for a washing machine and fridge/freezer. The sitting room is a generous size with triple aspect and ample space for all everyday furnishings. To the first floor there are two double bedrooms serviced by the family bathroom with a shower over the bath alongside a large airing cupboard/store accessed from the landing.
Outside, to the rear of the property is an allocated parking space. The rear garden is predominantly laid to lawn and enclosed by a brick wall and fence.
This property is offered to the market through the shared ownership scheme. The advertised sale price of £102,000 reflects the 40% share available for purchase, whilst the other 60% will be owned by LiveWest Homes Ltd, to whom a monthly rent of £319.78 will be paid. In addition to the monthly rent there will be at monthly service charge of £6.03 which includes the management company charges and sinking fund charges along with a monthly building insurance fee of £12.60. 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 199 year lease from 24th January 2023, however once 100% of the property is owned the property will become freehold. Please note the current full market value of the property is £255,000.
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 28th February 2024 but may be subject to change.
LOCATION
Wellington is a popular market town boasting an assortment of both independently run shops and larger national stores to include the well renowned Waitrose whilst also benefitting from a range of educational and leisure facilities a Sport Centre, cinema and The Cleve Hotel & Spa. The landmark Wellington Monument showcases extensive views across the Blackdown Hills which is an Area of Outstanding Natural Beauty.There is also a regular bus service to outlying villages and to the County Town of Taunton which is approximately 7 miles distant with its main line railway station. The M5 Motorway can be accessed via Junction 26 just outside Wellington.
DIRECTIONS
From the central traffic lights in Wellington town centre, proceed down South Street passing Wellington School, and bearing left at the mini-roundabout into Pyles Thorne Road. Continue to the very end, turning left onto the A38. Follow this road to the roundabout taking the first exit into the entrance of Jurston Fields. Turn left at the sales office and then right where the property will be seen further along on the left hand side.
Council Tax Band: B
Tenure: Leasehold
