2 bedroom house for sale
32 Wand Road, BA5 1WD
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Monthly Cost: £1,000
Rent £369,
Service charge £41,
Mortgage £590*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Stunning 2-bed home in Wells, Somerset available for shared ownership sale. With 2 spacious bedrooms, private garden and allocated parking.
Description
ABOUT THE HOME
As you walk into the property, the stair case (which has useful under stairs storage) is on the left hand side with the kitchen on the right hand side. The kitchen has a range of wall and base units, a stainless steel sink and drainer, gas hob, electric oven, extraction fan and laminate flooring.
As you move up the hallway there is a downstairs WC with the living/dining area at the rear of the home with doors leading to a private garden. The living room benefits from carpet flooring, a TV aerial point and UPVC windows.
The upstairs has two good sized bedrooms as well as a family bathroom with a roomy bath/shower as well as white units. Both bedrooms have carpet flooring, making those frosty mornings a little easier on the toes!
The outside of the property has 1 allocated parking space as well as the garden having a useful storage shed.
OTHER BITS TO NOTE
Private rear garden laid with lawn and patio area, garden shed.
1 allocated parking space.
Council Tax Banding - TBC
Remaining Lease Term: 116 Years
Please note a local connection to Somerset is required when applying for this home.
**While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.**
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Brochure Energy CertificateMap
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 40%, full price £265,000, £5,300 Min Deposit. Calculated using a representative rate of 5.03%
