House For Sale price not specified
Plot 197 | 1 bedroom home DOMV | Wolsey Grange
Discount Open Market Value Scheme at Wolsey Grange
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Applications for the Discount Open Market Value Scheme at Wolsey Grange in Ipswich are processed by Babergh District Council who ensures that an eligibility criteria are met.
Buyers will own 100% of the property at 80% of the open market price.
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Below is some important information regarding our Discount Open Market properties:
- Buyers will own 100% of the property at 80% of the open market price
- Buyers are unable to 'staircase'
- When buyers wish to sell, they will sell at 80% of the current open market value. Allowing the successor to benefit from buying a 80% discounted open market home
- When buyers wish to sell they will give at least 8 weeks' notice in writing to the district council stating the price at which it is intended to dispose of that Discount market dwelling
- The discounted market sale restriction shall be registered at the land registry on the register of title to discount market dwelling
- The property is freehold
- Applications for the scheme are processed by Babergh District Council who ensures that an eligibility criterion is met
- There is no rent to pay
- There will be no second charge on the property
- Purchasers are responsible for the maintenance of the property and buildings insurance
- When opting to sell the home the purchaser will need to arrange an RCIS independent valuation at their own cost
Speak to a Sales Executive for more information.
Terms and conditions apply for the Discount Open Market Value Scheme.
This home is a Discount Open Market Value home- you can own 100% of this property at 80% of the price. Click here to find out more about the scheme and the eligibility criteria. Or alternatively, please speak to your Sales Executive for more information.
Inside, the kitchen/living/dining room is an excellent sociable space. There's also a downstairs cloakroom and useful storage cupboard. Upstairs, there's one double bedroom and bathroom.
Tenure: Freehold
Estate management fee: £163.30
Council Tax Band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property
