Rivers Meet, Cleeve Mill Lane
Newent
Gloucestershire
GL18 1DS
Gloucester Road, Stonehouse - Shared ownership
50% Shared ownership £139,950
2 Bedroom House
- Shared Ownership
- 2 Good sized bedrooms
- En Suite bathroom
- Allocated parking spaces
- Private turfed Garden
- Fitted oven, hob and hood
- Local connection to Stroud required
2 bed end terrace 50% shared ownership, situated in Stonehouse, property comprising of kitchen/diner, lounge and down stairs WC, 2 bedroom and bathroom, driveway parking and rear garden.
Eligibility Criteria
To be eligible for Shared Ownership you need to:
- be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can’t afford to buy now
- be over 18 years old
- have an annual household income of less than £80,000 (£90,000 in London).
If you wish to buy one of these properties we need to assess your eligibility for shared ownership. For this we need to see:
•Proof of ID
•Proof of address
•Mortgage in principle
•Proof of deposit
•Full details for each buyer
You will also be required to complete an application form and an affordability calculation.
Shared Ownership
50% Share:
OMV: £279900
50% Share: £139950
Monthly rent of £333.48
Service charge £62.84 pcm
Buildings insurance £9.87pcm
Room Dimensions
Ground Floor:
Hallway leading to
Downstairs W/C,
Kitchen / Diner 422 x 267 max
Lounge 422 x 638 max double doors leading to private garden.
First floor
Stairs leading to hallway,
Bedroom 1 + En-suite with shower, W/C and basin 300 x 300 max
Family bathroom
Bedroom 2 - 420 x 400 max
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.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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