£132,750
A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis
A great chance to buy a shared-ownership family home. This deceptively spacious property forms one end of a recently-constructed terrace and has a good-sized reception at the front, a central cloakroom/WC and a full-width kitchen/dining room at the rear. a door leads out to a south-east-facing garden with patio, lawn, decked seating area and timber shed. The garden can also be accessed via a side gate. On the first floor of the house is an attractive main bedroom plus a second, comfortable, double bedroom, a smaller third bedroom and a simple, modern and naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. The property comes with two forecourt parking spaces and Rugby town centre is only a ten minute drive away (Google Maps estimate). Junction 18 of the M1 is also within easy reach if travelling further afield. The proposed Rugby Parkway Train Station would be just a brief walk from Ripon Way and Warwickshire County Council are currently aiming for this to open in 2029 although full funding has not yet been secured. The nearby primary school and secondary school are both Ofsted-rated 'Good'.
SHARED OWNERSHIP (Advertised price represents 45% share. Full market value £295,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/k2yerzs3]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 21/12/2021). Freehold transferred on 100% ownership.
Minimum Share: 45% (£132,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £481.47 per month (subject to annual review).
Service Charge: £20.45 per month (subject to annual review).
Guideline Minimum Income: Dual - £38,200 | Single - £44,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Rugby Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.