4 bedroom house for sale
Ashton Crescent, Pamington, Tewkesbury, GL20 8WH
Share percentage 50%, full price £450,000, £22,500 Min Deposit.
Share percentage 50%, full price £450,000, £22,500 Min Deposit.
Monthly Cost: £1,812
Rent £612,
Service charge £64,
Mortgage £1,136*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Four Bedroom House on a Shared Ownership Basis
Description
A rare chance to buy a four-bedroom, share-ownership family home. This detached, recently-constructed property has a central entrance hall leading to a ground-floor cloakroom as well as to the two principle rooms. On one side a twenty-foot, dual-aspect reception room; on the other a spacious and stylish kitchen/dining room with sleek, dark grey units, integrated appliances and patio doors that open onto the garden. Upstairs there is a bedroom with en-suite shower room, two more double bedrooms and a naturally-lit bathroom while the top floor is devoted to a main bedroom that stretches the full width of the house and includes an additional shower room, a bank of wardrobes plus extensive eaves storage space. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system have resulted in a very good energy-efficiency rating. To the rear of the property is a garage and two-car driveway, easily accessible from the utility room. The nearby A46 offers a direct connection to the M5 and Tewkesbury's attractive town centre is only a few minutes further away.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £450,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/yu8r3k63]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Heylo. Heylo Housing requires that all applicants must have permanent rights to reside in the UK.
Tenure: Leasehold (125 years from 06/08/2021).
Minimum Share: 50% (£225,000).
Shared Ownership Rent: £612.42 per month (subject to annual review).
Service Charge: £63.98 per month (subject to annual review).
Guideline Minimum Income: Dual - £66,500 | Single - £76,700 (based on minimum share and 10% deposit).
Council Tax: Band F, Tewkesbury Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £22,500
- Guide Min Income Dual £66.5k | Single £76.7k
- Three Storey, Four Bedroom, Detached House
- Approx. 1648 Sqft Gross Internal Area
- Very Good Energy-Efficiency Rating
- Bathroom + 2 Shower Rooms + Cloakroom
- Side Garden
- Garage plus Driveway
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: F
Property Downloads
Floor Plan BrochureMap
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 £450,000, £22,500 Min Deposit. Calculated using a representative rate of 4.59%