Wincombe Lane, Shaftesbury, SP7
£94,000

Guide price

Bedrooms: 2
SUMMARY

NEW TO MARKET - Shared Ownership 2 bedroom terraced home in the ever popular NIVEUS WALK development in Shaftesbury. Buy from 40% for just £94,000. Local connection to Dorset required.

DESCRIPTION

Plot 148 at Niveus Walk is a great starter or downsizer home available for sale with the Shared Ownership scheme.

This delightful red brick house comes with all flooring, parking, and enclosed rear garden. There is an integrated Oven, Hob and Extractor fan with space for further appliances in the kitchen and a full bathroom with shower over bath upstairs.

Your front entrance leads directly in to the full length open plan lounge, dining and kitchen area which has an understairs cupboard and a door leading out to the back door and downstairs WC.

Upstairs you will find two double bedrooms and a family bathroom.

This great home is available to purchase off plan for a minimum of 40% of the full market value of £235,000 - a great price for this area! The rent on the share you don't own will cost you £293.75 based on buying 40%, and your service charge will be in the region of £50 per month.

Approximate Dimensions:

Lounge, Kitchen, Dining Area: 4.5m x 8.6m (14'9" x 28' 2")

Bedroom 1: 4.5m x 3.5m (14' 9" x 11' 5")

Bedroom 2: 4.5m x 3.7m (14'9" x 12' 1")

(All measurements are approximate and should only be used as reference) Council Tax Band: Not currently available, please contact the branch Tenure: Unknown

What Is Shared Ownership?

Shared Ownership is a great scheme where, if you are unable to afford on the open market, you can purchase a part of the property, in this case from 50%, and pay rent at an affordable rate for the bit you don't own. It also means that you only need to find the deposit for the home on the share you are purchasing. Larger shares are available up to 75% as your first purchase and later you may be able to Staircase (buy more shares) all the way up to 100%. It is a great way to get on or stay on the housing ladder if buying outright is not an option for you at the moment. You can purchase a Shared Ownership home with the use of a mortgage or with cash such as savings or equity from the sale of your current home.

Eligibility

You must be able to prove you have a local connection to Dorset (Poole, Bournemouth and Christchurch will not qualify) contact us for full eligibility details.

" your household income is £80,000 or less

" you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

" you're a first-time buyer

" you used to own a home but cannot afford to buy one now

" you're forming a new household - for example, after a relationship breakdown

" you're an existing shared owner, and you want to move

" you own a home and want to move but cannot afford to buy a new home for your needs OFFICIAL

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Please Note

Please note that images used may be computer generated and/or from a show-home by the developer and are meant for guidance only. Images are general of the development and may not relate to your chosen Plot - clarification should be sought from our sales team.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. These particulars do not constitute part or all of an offer or contract.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Potential buyers are advised to recheck the measurements before committing to any expense.

5. Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6. Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

01747 228287

Connells - Shaftesbury

34 High Street, SHAFTESBURY, Dorset

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