1/13
£75,000
To be eligible for Shared Ownership, you have to be:
Over the age of 18
Not currently own your property
And
Not earn more than £80000 (Total Household Income)
Meet the S106 Local Connection requirements
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
Please note there is a S106 local connection requirement to Torbay on this property:
1) Person who have been ordinarily resident in the Locality for the last three years or for a continuous period of five years at some time in the past
2) Persons not resident within the Locality but employed in the Locality on a permanent basis for the last three years and who need to live close to their employment
3) persons who can demonstrate a close family connection to the Locality in that the persons mother father son or daughter has been ordinarily resident in the Locality for the past five years and where a caring dependency relationship can be established
Westward offer this 2-bedroom property in Torquay through Shared Ownership.
A 2-bedroom mid terraced maisonette, which comprises of an Ensuite bathroom with a shower in the main bedroom and a separate family bathroom which also has an electric over the bath shower facility.
The property also has a spacious lounge/diner leading to the balcony at the front of the property.
There is a fitted kitchen with a gas hob and electric oven.
The property also benefits allocated parking and a Garage in the courtyard
The property is close to all amenities, including the local train station and bus routes and approx. 20 mins to the beach.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £150,000 (One Hundred and Fifty Thousand Pounds)
- Share being sold: 50%
- Share Value: £75,000 (Seventy-Five Thousand Pounds)
- Monthly Rent: £315.87
- Monthly Service Charge: £70.00
- Buildings Insurance (which forms part of the Service Charge element) £10.47
**** Please note the Length of Lease remaining is 81 Years – you will need to notify your Mortgage lender of this ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
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