TENURE: To be advised
SHARED OWNERSHIP Two bedroom semi detached house available to purchase from a 30% share. Price shown represents a 30% share at 69,000 with a deposit of 3,450. Full market value 230,000.
This semi-detached house is situated in a cul-de-sac on a stunning new development in Upton-Upon-Severn. The property offers a driveway to the front, downstairs: a 13ft lounge to the front, and a kitchen diner to the rear of the property with French doors opening onto the south facing garden. For convenience there is a downstairs WC. Upstairs offers two 16ft double bedrooms to the front and rear with a family bathroom off the landing.
"Brand new home just released
"10 Year NHBC warranty
"Kitchen Diner leading to south facing garden
"Cul de Sac Location
"Off street parking
Being positioned on the New Barley Meadows development there is plenty to offer for everybody in Upton-Upon-Severn. From local primary and secondary schools (Hanley Swan St Gabriels, St Mary's COE Primary & Hanley Castle High School) to boutique independent shops and this is before we consider the area of outstanding natural beauty that is Malvern Hills and the picturesque village of Great Malvern.
The development is within 1 mile of Upton-Upon-Severn and is also close to Malvern (7 miles), Worcester (10 miles) and Cheltenham (17 miles). J1 of the M50 just 5 miles away which connects to the M5 at J8.
Train links to London and Birmingham are strong with the routes being direct from Malvern & Worcester.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 30% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to up to 80% maximum. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder
Full market value: 230,000
30% share value: 69,000
5% deposit: 3,450
Rent on un-owned share (70%) at 2.75% : 367 pcm
Note: Maximum Staircase Purchase on this scheme is 80%
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these houses for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
You may be eligible for this property if:
"You have a gross household income of no more than 80,000 per annum.
"You are unable to purchase a suitable home to meet your housing needs on the open market.
"You do not already own a home or you will have sold your current home before you purchase.
"You should be registered with the local Help to Buy Agent
"Applicants must have a local connection, to live and/or work in Parishes of Upton:
Hatt Tech Range Contemporary units
Worktops with matching upstand
In built stainless steel oven, hob and cooker hob with splashback
Laminate effect vinyl to floor
Vitra Milton suite in white
Full height tiling to all sides of bath
Laminate effect vinyl to floor
UPVC double glazing
Ideal Condensing combi boiler
Composite front door
Rear garden turfed with shed
Carpets to lounge, hall, stairs & bedrooms
In curtilage parking (two spaces)