2 bedroom house for sale
12 Chaffinch Crescent, GL15 5GB
Share percentage 75%, full price £230,000, £8,625 Min Deposit.
Share percentage 75%, full price £230,000, £8,625 Min Deposit
Monthly Cost: £1,151
Rent £132,
Service charge £58,
Mortgage £961*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A new build two bedroom home close to the River Severn in the Forest of Dean, available on Shared Ownership.
Description
A brand new two bedroom terraced house available on shared ownership
About the Development
New homes for sale in in the outskirts of the delightful town of Lydney, nestled in scenic Gloucestershire, a location perfect for all things local as well as featuring excellent transport links for commuters, along with all the amenities of this historic little town
About the Area
With the River Severn nearby, along with the Forest of Dean and the Wye Valley Area of Outstanding Natural Beauty on your doorstep, you will have no shortage of opportunities for scenic walks and cycle rides with the family. The area is also perfect for getting about, with Gloucester and the M5, and Chepstow with its link to the M4 at Newport for South Wales or Bristol, as well as Bishops Mead railway station.
About the home
Entering the home, you will find a well laid out fitted kitchen beside the hallway, with an integrated oven, hob and extractor along with plumbing for a washing machine. There is also a downstairs WC at the bottom of the stairs, just the thing for those busy mornings. To the rear of the property is a spacious lounge diner with a handy built in storage space and double doors out to the garden patio. To the first floor, you will find a pair of double bedrooms and a family bathroom along with a second built in storage cupboard. The bathroom comprises of a contemporary three-piece suite of pedestal wash basin, WC and bath with shower above.
Wareham Style Terraced Home
Ground Floor
Living room: 15' 8" x 14' 11" (4.78m x 4.55m)
Kitchen/Dining room: 8' 11" x 11' 9" (2.61m x 3.58m)
First Floor
Bedroom One: 15' 9" x 12' 1" (4.87m x 3.7m)
Bedroom Two: 8' 4" x 14' 6" (2.55m x 4.44m)
Getting about by Car
Lydney Park - Approximately 9 minutes
Gloucester – Approximately 41 minutes
Bristol – Approximately 48 minutes
Newport – Approximately 51 minutes
Cardiff – Approximately 1 hour and 8 minutes
Lydney Train Station – Approximately 8 minutes by car or 20 minutes by foot
Take the Train from Lydney Station
Gloucester – Approximately 21 minutes
Bristol – Approximately 1 hour and 12 minutes
Newport – Approximately 32 minutes
Cardiff – Approximately 38 minutes
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Disclaimers
Agent's Note
Please note that all particulars and images are for marketing and illustrative purposes only. Advertising images may include upgrades as home specifications can vary.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise.
Please see Key Information Document for further information and costs
Key Features
· Two double bedrooms
· Integrated oven hob & extractor
· Garden
· Ground Floor WC
· Ample storage
· Two car parking spaces
· New build Shared Ownership
Particulars
Tenure: Leasehold
Lease Length: 999 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:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 75%, full price £230,000, £8,625 Min Deposit. Calculated using a representative rate of 5.03%