An exciting 25% shared ownership opportunity with Broadacres Housing Association to cosmetically update and improve a 3 bedroom end of terrace property built in 2015 by Mulgrave Properties.
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Shared Ownership Overview - Subject to meeting a specific occupancy criteria, shared ownership allows you to part buy and part rent a property from a housing association and in this particular instance you can buy a 25% share and rent the remaining 75% from Broadacres Housing Association. The greater the share you own, the lower amount of rent is payable as illustrated below:
25% Ownership = £62,500 plus Weekly Rent = £123.39 and Weekly Estate Charge = £1.62
Please note that the above rental figure includes Buildings Insurance and Management Fees.
Important Information - To buy this property you must be an "Eligible Occupier" and have a "Local Connection" to the area formerly known as the Hambleton District Council.
The criteria required is as follows: he/she
- has immediately prior to such allocation been ordinarily resident within the Parishes for a period of at least 12 months; or - has within the last 10 years prior to such allocation been ordinarily resident in the Parishes for a period of at least five years; or - has immediately prior to such allocation a mother, father, son or daughter or some other close relative or carer approved in writing by the District Council's Housing Manager and who has been ordinarily resident in the Parish for a period of at least 12 months; or - is immediately prior to such allocation permanently employed in the Parish for at least 6 out of the last 12 months; or - is taking up permanent employment in the Parishes
For confirmation of your eligibility to buy this property please contact Broadacres Housing Association on 01609 767900 or go to www.broadacres.org.uk where you will also be able to download an Application Form.
Inside - A reception hall with cloakroom/wc and storage cupboard leads off into a triple aspect living room and a dining kitchen which is now in need of cosmetic improvement and redecoration following a leak in the bathroom above. The kitchen currently offers a range of base and wall storage cupboards, stainless steel sink unit, freestanding appliance space and double doors opening out into the rear garden.
The first floor landing leads off into 3 bedrooms and a spacious bathroom which is also now in need of cosmetic improvement and redecoration.
Other internal features of note include gas fired central heating to radiators and double glazing.
Outside - At the front of the property there are 2 parking spaces and the enclosed rear garden is mainly laid to lawn with a generous paved seating area.
Services - We have been advised by the vendor that all main services are connected to the property.
Energy Efficiency - This property's current energy rating is B(84) and has the potential to be improved to an EPC of A (96).
Council Tax & Postcode - This property sits within North Yorkshire Council and is in the tax band of C. The postcode for the property is YO61 3JN.
Tenure - We have been informed by the vendor that the property is leasehold.
