2 bedroom house for sale
Gains Park Way, Bicton Heath, SY3 5HT
Share percentage 10.00%, full price £250,000, £1,250 Deposit.
Share percentage 10.00%, full price £250,000, £1,250 Deposit
Monthly Cost: £508
Rent £345,
Service charge £24,
Mortgage £139*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this plot if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home, or you will have sold your current home before you purchase.
- You pass the initial financial assessment with a financial advisor to show what share is available for you to purchase.
- A financial assessment is required for cash buyers or for those requiring a mortgage to show what share you can apply for.
This plot has not been funded by Homes England. Therefore, no application will be given priority and applications will be considered on a first come, first serve basis.
Please also visit our website https://www.severnhomes.co.uk/shared-ownerships/
Summary
Five Oaks, Gains Park- Plot 101, 2-bed, Mid-terrace. Apply now!
Description
Buying shares that are affordable.
Before you can apply to buy a shared ownership home with Severn Homes part of Homes Plus, you will need to undertake a no-obligation, initial financial assessment with a financial advisor to ascertain the maximum share you can afford.
Shares advertised are a guide, having a financial assessment will show what share you can afford and will need to apply for.
Maximum staircasing to 80% on this plot. For more information about staircasing please look at https://www.gov.uk/shared-ownership-scheme/buying-more-shares-staircasing.
Initial Financial Assessment- Are you eligibe?
- We work closely with ‘The Mortgage People’ (TMP) they will help you complete the initial financial assessment.
- You can ‘Get an Assessment' by visiting- tmpmortgages.co.uk/assessment/or by calling 0800 4880 814.
- They are open, Monday to Friday 9am-5pm or via “Live Chat” until 8pm weekdays and between 10am-4pm on a Saturday.
- TMP will email us the outcome of your initial financial assessment based on your preferred development and plot.
- A member of our sales team will then contact you to confirm the outcome of the initial assessment and advise you of the next steps.
Note: This free initial financial assessment is essential whether you're applying for a mortgage or purchasing your shares outright with cash. This will show you what shares you can afford to apply for and is free. There may be a charge when you proceed to apply for a mortgage.
First Come, First Served.
Properties are sold on a first come, first served basis. Therefore, to avoid missing out, don’t delay, apply today.
The plots we are offering on this development have not been funded by Homes England. No application will be given priority, and all applications will be considered on a first come, first serve basis.
Some plots are sold ‘off plan’ and viewings may not be available straight away or until the initial financial assessment has been passed.
If there is anything else we can help with, please do not hesitate to contact our sales team Monday to Friday 8.30-5pm via Sales@SevernHomes.co.uk Or call Luke on 07485 393 813. (Monday-Thursday, 9am-5pm, Fridays 9am-4pm)
Note:
- Additional information is available in the Key Information Document 1 & 3, Key Information Document 2 will be issued before the reservation fee is paid.
- A financial assessment is required for those requiring a mortgage and cash purchasers.
- Plot's are sold off plan. The anticipated build completion date of February/March 2025 is a guide and should not be relied upon until a fixed date has been given.
- This plot is offered for sale on a New Build development. Planning Ref: 22/03543/FUL
- Properties have been built by Anwyl Homes.
- For future planning and further information on and around this development please look at the council planning portal at-https://pa.shropshire.gov.uk/online-applications/
- The tenure of any development is subject to change over time.
- Pictures used are for illustration purposes only and may not show the exact property.
- Floor plans–for left/right-handed plots the layout may mirror the image.
- Correct at the time of advertising January 2025.
Predicted Council Tax Band is C-D (subject to confirmation by the Valuation Office Agency (VOA) post-completion). You can get further information on council tax by visiting Shropshire Council at https://next.shropshire.gov.uk/council-tax/charges-and-billing/current-council-tax-band-charges/
Remember, failure to pay your rent, service charge, or mortgage could mean your home is at risk of repossession.
Severn Homes is part of the Homes Plus Group.
More information about shared ownership can be found at https://www.gov.uk/shared-ownership-scheme.
Key Features
Discover Five Oaks, an exclusive development by Anwyl Homes nestled in Gains Park, Shrewsbury. Perfectly positioned to combine natural beauty with convenient amenities, Five Oaks is just moments away from Shrewsbury’s historic town centre, renowned for its unique blend of heritage, shops, and vibrant community. The development is surrounded by scenic parks, excellent school and offers easy access to transportation links, making it ideal for both families and professionals. Embrace a lifestyle where comfort meets charm in one of Shropshire’s most desirable settings
Property features.
- 2-bedrooms.
- Modern Kitchen.
- Lounge/diner.
- Built-in oven, hob and extractor hood.
- Flooring to kitchen area, downstairs WC and family bathroom.
- Convenient separate downstairs WC.
- Family bathroom.
- Private turfed and fenced garden.
- 2 off-road parking spaces.
- 1 Stand-alone car charging point.
- NHBC new build warranty.
- Approx. Gross Internal Floor Area-70.6 sqm.
- EPC B rating.
- 990 years lease.
- Leasehold.
- Property construction-Timber frame construction with brick externals and pitched tile roof.
- Predicted Council Tax Band is B-D (subject to confirmation by the Valuation Office Agency (VOA) post-completion). For further information on council tax with Shropshire Council see https://www.shropshire.gov.uk/council-tax/charges-and-billing/current-council-tax-band-charges/
- Floor plans–for left/right-handed plots the layout may mirror the image.
Important Information.
- Rights & Easements: None that we are aware of at the time of publishing.
- Restrictions for Shared Ownership Properties, this is by no means an exhaustive list.
- No Extensions: Extensions to the property are not permitted within the first 5 years. Following this time you will require your landlords permission prior to considering any extension.
- Rotary Airer Restrictions: Rotary airers are not allowed at the front of the properties.
- Vehicle and Parking Restrictions: No parking of heavy goods vehicles, caravans, boat trailers, or similar vehicles. Private motor vehicles/cycles over 3000kg or exceeding 2 metres in height are not permitted.
- Animal Restrictions: Keeping poultry, pigeons, or birds of prey is not allowed.
- Landscaping Restrictions: Trees or shrubs included in the landscaping scheme must not be removed.
- Machinery Restrictions: Only domestic machinery is allowed; no other types of machinery should be kept on the property.
- Satellite Dish Restrictions: Satellite dishes must not be erected at the front of the property.
- Not to leave a dustbin or other refuse container: On the property so as to be visible from the road, other than on the night before or day of collection.
Flood Risk: Flood Risk Zone 1
Flood Risk Zone 1: This is the lowest risk, indicating a less than 0.1% annual probability of flooding. We are not aware that the development is within an area which has been affected by flooding.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms: 6
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2025
Unit size: 70.6 sqm
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Double Glazing, Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 10%, full price £250,000, £1,250 Min Deposit. Calculated using a representative rate of 5.03%
