£110,250

A great chance to buy a spacious, shared-ownership family home. This recently-constructed, semi-detached property has a good-sized reception room at the front, a naturally-lit cloakroom/WC and an under-stairs storage cupboard in the middle and an attractive kitchen/dining room at the rear. Doors open onto a garden with patio, lawn and timber shed. On the first floor of the house is a full-width main bedroom with built-in wardrobe plus two further double bedrooms and a stylish bathroom. Demanding insulation standards and high performance glazing make for a very good energy-efficiency rating and heating is supplied by an air source heat pump. The property comes with two forecourt parking spaces and is located approximately five miles east of Plymouth city centre. Nearby Sherford Vale School & Nursery is Ofsted-rated 'Good' and there are several other well-thought-of primaries in the surrounding area.

SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £315,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/39ujbuxb]

(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 (990 years from 28/06/2024). Freehold transferred on 100% ownership.
Minimum Share: 35% (£110,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £491.92 per month (subject to annual review).
Service Charge: £61.58 per month (subject to annual review).
Guideline Minimum Income: Dual - £35,100 | Single - £41,300 (based on minimum share and 10% deposit).
Council Tax: Band C, South Hams District 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.