Merchant Avenue, Bury St Edmunds, IP32 6FD

A great chance to buy a spacious, shared-ownership family home. This recently-constructed and beautifully-presented property has a good-sized kitchen with sleek, grey units, a central cloakroom and a full-width rear reception room. Patio doors open onto an attractive, neatly-maintained and south-facing garden. On the first floor of the house is a main bedroom plus a second, comfortable, double bedroom. There is a smart, modern, naturally-lit bathroom and a third bedroom which is currently used as a dressing room and features a bank of fitted wardrobes. Well insulated walls, roof and floor, high performance glazing and gas central heating make for a very good energy-efficiency rating. The property comes with parking for two cars, easily accessible via the garden gate, and the town centre can also be reached by brief cycle ride.

SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £310,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/ujnp2cez]

(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: Clarion.
Tenure: Leasehold (125 years from 29/09/2019).
Minimum Share: 40% (£124,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £568.78 per month (subject to annual review).
Service Charge: £25.51 per month (subject to annual review).
Guideline Minimum Income: Dual - £39,900 | Single - £46,100 (based on minimum share and 10% deposit).
Council Tax: Band C, West Suffolk 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.