2 bedroom house for sale
7 Pepper Plock Ley, HR4 8FF
Share percentage 50%, full price £230,000, £11,500 Min Deposit.
Share percentage 50%, full price £230,000, £11,500 Min Deposit.
Monthly Cost: £849
Rent £225,
Service charge £40,
Mortgage £584*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
The property requires a local connection to the County of Herefordshire.
Summary
50% shared ownership opportunity in Weobley
Description
50% shared ownership opportunity in popular Weobley with countryside views as well as parking and gardens. An excellent opportunity to purchase in a sought after location. There is a monthly rent and a monthly service charge payable. A prospective purchaser is required to meet certain criteria with regards to affordable housing and to submit a satisfactory application to Sanctuary Housing who own the remaining 50% share. Further details available upon request.
Key Features
Property description:
A light and spacious entrance hallway with WC. The impressive kitchen is fitted with a range of modern units and cooker. The lounge offers family living space with doors opening out to the garden. Upstairs, there are two well-proportioned bedrooms and a family bathroom fitted with a three piece suite comprising bath with shower over, wash hand basin and a wc.
Garden and parking:
To the rear of the property is a good size lawned garden with a shed and a gate leading to driveway parking at the rear for two cars.
Services:
Mains electricity, water, drainage and air source heat pump central heating. Council Tax Band B
Location:
The renowned black and white village of Weobley is one of the most sought after and picturesque villages in Herefordshire. The village has a thriving community and is especially popular with tourists and walkers in the summer months. Weobley has a wealth of local amenities including shops, post office, butchers, restaurants and pubs also benefitting from primary and secondary schooling. The village is located approximately 9 miles from the market town of Leominster and 11 miles from Hereford where a variety of additional shopping, recreational and educational facilities can be found.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £230,000, £11,500 Min Deposit. Calculated using a representative rate of 4.64%
