Property Description

Shared ownership information

Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.

Open Market Value: £275,000
25% Share: £68,750
Rent PCM: £472.66
Service Charge PCM: £22.92
Building Insurance PCM: £6.50

Costs of different shares are as follows;

ShareMonthly rent
10% £567.19
20% £504.17
30% £441.15
40% £378.13
50% £315.10
60% £252.08
70% £189.06
75% £157.55

The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment.

Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

These costs will increase each year with inflation

Entrance hall

Doors leading to kitchen, WC, lounge and stairs to first floor

Kitchen

Fully fitted kitchen with range of fitted wall and base units, worktops, sink unit with mixer tap, window to front elevation

WC

White low level WC and wash hand basin

Lounge

Door to rear elevation

First Floor

Bedroom One

Window to front elevation, door to ensuite

Ensuite

Window to front elevation, White low level WC and wash hand basin and shower cubicle

Bedroom Two

Bedroom Three

Bathroom

White bathroom suite, low level WC, wash hand basin and bath with shower over.

External

Rear Garden with rear access, allocated parking for 2 cars

Two Rivers Housing

TwoCan estate agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of Twocan and the Centigen brand.

Artists Impressions

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale.

Disclaimer

All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

These particulars have been prepared in good faith to give a fair overall view of the property; they do not constitute an offer and will not form part of any contract. We make no representation about the conditions of the property nor that any services or appliances are in good working order; this should be checked by your surveyor. Furthermore, you should not assume that any items or features referred to in these particulars or shown in the photographs are included in the sale price. Your solicitor should check this as part of the normal conveyancing process.

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