Share Price £62,500 (from 50% Min. Share)
Full Value £125,000 | £3,125 Min. Deposit
Scheme: Shared Ownership Resales
check_circle Available now1 bedroom apartment in Ilminster - Somerset
place 14 Muchelney House, Abbots Close, TA19 0EF
Over 55s apartment now available
Eligibility
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- You must be at least 55 years old
Description
>One bedroom, ground floor apartment
>Available on Shared Ownership resale
>Deposits starting at £3,125*
>Minimum household income: £29,959 per annum
Your new home
Featuring an open-plan living / dining room, with a private entrance to the property. There is a separate kitchen with fitted units. The bedroom is a spacious double, with a built-in wardrobe. The bathroom is fitted with a white, three-piece suite, including a bath.
Additional information
This property is available with extra care, as part of our Over 55s scheme.Please note, staircasing is capped at 80% for this property.
0800 telephone numbers are free of charge from BT landlines. Non-BT customers and mobile phone users should contact their service providers for information about the cost of calls.
Images may be computer generated and are for illustrative purposes only, so may not be representative of exact plots. Images may be of a different model of home. Individual specification, fittings and features such as windows, brick, carpets, paint and other material colours may vary. Any furnishings are not included in any sale, but are for guidance only.
*Affordability and eligibility criteria apply. All figures are illustrative based upon buying a minimum share. Purchase share values will be determined based upon applicant’s individual financial circumstances, in line with Homes England guidelines. Applicants will be referred to a nominated mortgage advisor for a financial assessment and will be expected to maximise the percentage of share they purchase.
Key Features
- Lease term remaining: 95 years
- Extra care property
- Open-plan living / dining room
- White sanitaryware to bathroom
- Built-in storage