Sold Subject to Contract

Gloucester Road, Stonehouse - Shared ownership

£120,000

2 bed mid terrace 50% shared ownership, situated in Stonehouse, property comprising of kitchen, lounge/diner, WC, 2 bedroom, 1 with en-suite and bathroom, driveway parking and rear garden with shed and rear access.

Ground Floor

Entrance Hall

Doors to kitchen and WC.

WC (1.8 x 1.2)

Low level WC and wash hand basin

Kitchen (3.0 x 2.8)

Fitted kitchen with range of wall and base units, stainless steel sink, fridge/freezer and space for washing machine. Electric oven with gas hob with hood over. Window to front elevation

Lounge/Diner (6.3 x 4.1)

Patio doors to rear garden, under stair storage cupboard, Stairs to first floor.

First Floor

Landing, doors leading to 2 bedrooms and bathroom

Bedroom One (4.3 x 2.8)

Window to rear elevation, En-suite door and 2 storage cupboards

En-suite (2.2 x 1.9)

Low level WC and wash hand basin and shower cubicle. Window to rear elevation

Bathroom (2.2 x 1.9)

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

Bedroom Two (4.1 x 2.6)

Window to rear elevation, En-suite door and 2 storage cupboards

External

Enclosed rear garden with shed and rear access. Allocated parking for 2 cars.

Shared ownership information

Open Market Value: £240,000
50% Shared Ownership: £120,000
Rent per month: £288.82
Service Charges per month: £72.47
Buildings insurance £4.67pcm

These costs will increase each year with inflation

To be eligible for this property you must meet the below criteria;
- Local connection to Stroud District, work, live or have a connection to the District
- Have a mortgage in principle to prove affordability
- Be in housing need and unable to buy on the open market, ideal for first time buyers

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.

Buy Back Lease

In some rural areas properties must be always available for shared ownership. This means if you buy over 80% of the share of the property, the freeholder (or other Housing association) must buy your property back (at market value) if you wish to sell on.

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.

  • Shared Ownership
  • 2 bed mid terrace
  • En-suite to one bedroom
  • Allocated parking spaces
  • Private turfed Garden
  • Downstairs WC
  • Local connection to Stroud district required
EPC for Gloucester Road, Stonehouse - Shared ownership
Floor plan for Gloucester Road, Stonehouse - Shared ownership

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