Available

£132,750

Ripon Way, Houlton, Rugby, CV23 1BW
Share 45% / Full price £295,000 / Min deposit £13,275

House
3 bedrooms
2 bathrooms

Urban Moves
01748329132
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Summary

A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis

Description

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.

Description

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Key Information Document Floor plan Brochure
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£132,750 Shared Ownership Resale Full price £295,000
Estimated monthly cost £1,160
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