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£141,750
Westward offer this 2-bedroom property in Totnes through Shared Ownership Resale
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 (Where applicable)
You are required to occupy the property as your sole and principal home until it is sold
A local connection is also required for these properties:
Having a local connection in this instance is defined as the Parishes of Totnes Town or Totnes or Bridgetown.
1) Has been resident in the parishes for 3 out of 5 years prior to the date of the nomination
2) Has permanent employment with a minimum contract of 16 hours per week which has continued for 3 months preceding the nomination without a break in employment of more than 3 months such employment to include self-employment
3) Is a member of the immediate family (compromising parent's siblings and non-dependent children) of a person who has lived in the parishes for 5 years prior to the date of the nomination
4) Has been resident in the parishes for 6 out of the 12 months preceding the nomination
5) Has been ordinarily resident in any of the parishes
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
Westward offer this Semi-Detached house in Totnes, with 2 spacious bedrooms. It has an open plan lounge diner with double doors to the garden. It also has a family bathroom and a separate WC.
Bedroom one has a built-in wardrobe and workspace looking out to the ancient oak tree and the second bedroom looks out to the garden. The property also benefits from plenty of storage and allocated parking.
This property is only a short walk to all local amenities, including local shops, train station, and bus routes
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £315,000 (Three Hundred & Fifteen Thousand Pounds)
- Share amount to be sold: 45%
- Share Value: £141,750 (One Hundred and Forty-One Thousand & Seven Hundred and Fifty Pounds)
- Monthly Rent: £393.27
- Monthly Service Charge: £35.00
- Monthly Building Insurance: £12.20
**** Please note the Length of Lease remaining is 116 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing