About this property

TENURE: To be advised

SHARED OWNERSHIP Three bedroom semi detached house available to purchase from a 30% share. Price shown represents a 30% share at 79,500 with a deposit of 3,975. Full market value 265,000. Book your viewing today, move in by Christmas.

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 a 16ft double bedroom to the front and two single bedrooms to the rear with a family bathroom off the landing.

"Brand new home just released

"10 Year NHBC warranty

"Kitchen Diner leading to south facing garden

"Integrated Appliances

"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

Financial Breakdown:

Full market value: 265,000

30% share value: 79,500

5% deposit: 3,975

Rent on un-owned share (70%) - charged at 2.75% : 425 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.

Eligibility

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:

-Welland

-Hanley Castle

-Longden

-Holdfast

-Ripple

-Earls Croome

Specification

Kitchen:

o

Hatt Tech Range Contemporary units

o

Worktops with matching upstand

o

In built stainless steel oven, hob and cooker hob with splashback

o

Laminate effect vinyl to floor

Bathroom:

o

Vitra Milton suite in white

o

Full height tiling to all sides of bath

o

Thermostatic shower

o

Laminate effect vinyl to floor

General:

o

UPVC double glazing

o

Ideal Condensing combi boiler

o

Composite front door

o

Chrome ironmongery

o

Rear garden turfed with shed

o

Carpets to lounge, hall, stairs & bedrooms

o

In curtilage parking (two spaces)

Agent details

R. A. Bennett & Partners Worcester

  • 65 Foregate Street
  • Worcester
  • Worcestershire
  • WR1 1DX
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