2 Bedroom Detached House

A well-presented two-bedroom semi-detached house offered for sale with a 40% shared ownership interest, providing an excellent opportunity for eligible buyers looking to step onto the property ladder.

The property briefly comprises an entrance hallway with useful utility cupboard and downstairs cloakroom, leading through to a spacious open-plan lounge, kitchen and dining area, creating a sociable and versatile living space.

To the first floor are two double bedrooms and a shower room.

Externally, the property benefits from an enclosed rear garden, ideal for outdoor seating and entertaining, together with allocated parking.

Shared Ownership

A 40% share of the property is offered for sale under a shared ownership scheme.

To be eligible for Shared Ownership, applicants must have a household income below £80,000 per year, be unable to purchase a suitable home on the open market, and have sufficient savings or access to funds for a deposit and associated buying costs. Applicants must not currently own another property, unless sold subject to contract.

Section 106 Local Occupancy Restriction

The property is subject to a local occupancy restriction. Eligible purchasers must be unable to secure suitable open-market accommodation in South Hams and meet the relevant local connection criteria, such as residence, family connection or qualifying employment within Plymouth and the South Hams.

Purchasers should confirm their eligibility under the Section 106 Agreement and South Hams Local Allocation Policy.

MATERIAL INFORMATION

Verified Material Information

·         Council Tax Band: B

·         Tenure: Leasehold

·         Lease Length: 125 years from and including 12/03/2015

·         Shared Ownership: 40% Share

·         Rent: £399.73 pcm

·         Service Charge: £30 pcm

·         Property Type: Semi Detached House

·         Energy Performance Rating: C

·         Electricity Supply: Mains Supply

·         Solar Panels: No

·         Water Supply: Mains Water Supply

·         Sewerage: Mains Supply

·         Heating: Gas Central Heating

·         Mobile Coverage: O2 - Excellent, Vodafone – Excellent, Three - Good, EE – Excellent

·         Broadband: Cable

·         Parking: Allocated Parking 

To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.

DIRECTIONS

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