House For Sale £94,500
A rare opportunity to buy on the popular Shared Ownership scheme in St Ives. This well presented semi detached home has lots to offer and briefly comprises, two double bedrooms both with built in storage, lounge, modern kitchen/breakfast room, cloakroom and first floor family bathroom. Outside the property benefits from off road parking for two cars and an enclosed southerly facing rear garden. Asking Price based on a 35% share.
Ground Floor
Entrance Hall
Lounge
4.62m (15'2") x 3.63m (11'11") max
Kitchen/Breakfast Room
3.56m (11'8") max x 3.21m (10'6")
Hall
Cloakroom
First Floor
Landing
Bedroom 1
4.72m (15'6") max x 3.34m (10'11")
Bedroom 2
3.99m (13'1") x 2.52m (8'3")
Bathroom
Outside
The property offers off road parking for two cars to the front. Gated side access leads to the enclosed southerly facing rear garden which benefits from a lawn area, patio seating area and a raised decked seating area with pergola over. The garden also includes a garden shed with power.
Shared Ownership
Full Market Price: £270,000
Minimum Share: 35% - a greater percentage can also be purchased including a full 100%
Share Value: £94,500
Monthly Rent: £368.56
Service Charge PCM: £39.93 - includes buildings insurance
Total Monthly Charge: £408.49
Next Rent Increase Due: April 2024
Eligibility
Eligibility for the shared ownership scheme can be found on the government Some key criteria includes:
1.You can buy a home through shared ownership if both of the following are true:
.your household income is £80,000 a year or less.
.you cannot afford all of the deposit and mortgage payments for a home that meets your needs
2.One of the following must also be true:
.you're a first-time buyer
.you used to own a home but cannot afford to buy one now
.you're forming a new household - for example, after a relationship breakdown
.you're an existing shared owner, and you want to move
.you own a home and want to move but cannot afford a new home that meets your needs
Further Information
EPC Rating: C
Council Tax Band: C
Ground Floor
Entrance Hall
Lounge
4.62m (15'2") x 3.63m (11'11") max
Kitchen/Breakfast Room
3.56m (11'8") max x 3.21m (10'6")
Hall
Cloakroom
First Floor
Landing
Bedroom 1
4.72m (15'6") max x 3.34m (10'11")
Bedroom 2
3.99m (13'1") x 2.52m (8'3")
Bathroom
Outside
The property offers off road parking for two cars to the front. Gated side access leads to the enclosed southerly facing rear garden which benefits from a lawn area, patio seating area and a raised decked seating area with pergola over. The garden also includes a garden shed with power.
Shared Ownership
Full Market Price: £270,000
Minimum Share: 35% - a greater percentage can also be purchased including a full 100%
Share Value: £94,500
Monthly Rent: £368.56
Service Charge PCM: £39.93 - includes buildings insurance
Total Monthly Charge: £408.49
Next Rent Increase Due: April 2024
Eligibility
Eligibility for the shared ownership scheme can be found on the government Some key criteria includes:
1.You can buy a home through shared ownership if both of the following are true:
.your household income is £80,000 a year or less.
.you cannot afford all of the deposit and mortgage payments for a home that meets your needs
2.One of the following must also be true:
.you're a first-time buyer
.you used to own a home but cannot afford to buy one now
.you're forming a new household - for example, after a relationship breakdown
.you're an existing shared owner, and you want to move
.you own a home and want to move but cannot afford a new home that meets your needs
Further Information
EPC Rating: C
Council Tax Band: C
