3 bedroom house for sale
22 Cyril Cowley Close, Great Oldbury, GL10 3WL
Share percentage 50%, full price £375,000, £9,375 Min Deposit.
Share percentage 50%, full price £375,000, £9,375 Min Deposit.
Monthly Cost: £1,498
Rent £454,
Mortgage £1,044*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
A lovely family home in available in Stroud, Gloucestershire
Description
This home is perfect for a family, offering ample space, modern amenities, and a large garden for children to play. It’s a must-see property that combines convenience, comfort, and a connection to nature.
Situated just a mile from Junction 13 of the M5, this home offers easy access to Bristol, South Wales, Gloucester, and Cheltenham. The nearby A419 connects to the A38 and Severn Valley, making Cirencester and other destinations easily accessible.
Enjoy lovely country walks and beautiful wildlife just minutes from the property. Spot swans nesting and various birds, making it a nature lover’s paradise.Enhancing its appeal, the property combines its scenic locationwith close proximity to local shops and amenities, offering the best of both worlds.
In the GL10 area, you'll find a range of primary and secondary schools, including Eastington Primary School, Slimbridge Primary School, Archway School, Stroud High School, and specialised institutions like The Shrubberies School and Longridge School, offering diverse educational options to meet students' needs.
Stonehouse and Stroud train stations provide regular services to London Paddington, Gloucester, Cheltenham, Bristol, Swindon, and Reading. A well-connected bus network serves the surrounding areas. Bristol and Birmingham airports are easily reachable via the M5.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- Modern Kitchen
- Large Utility Rook
- Enhanced Interiors
- Engineered Oak Flooring
- Spacious Garden
- Two Parking Spaces
- Tenure:Leasehold (999 years from 30/06/2022)
- Share Available:50%(£175,000)
- Shared Ownership Rent:£453.73 per month (subject to annual review)
- Lease Management Fee:£23.52 per month (subject to annual review)
- Buildings Insurance:£17.87 per month (subject to annual review)
- Council Tax:Band B, Stroud District Council
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: B
Property Downloads
Key Information Document Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £375,000, £9,375 Min Deposit. Calculated using a representative rate of 5.03%
