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£89,250
Modern 2-Bedroom Semi-Detached Home | Shared Ownership | Garden & Parking for 2
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Modern 2-Bedroom Semi-Detached Home | Shared Ownership | Garden & Parking for 2
A well-presented two-bedroom semi-detached home available through the Shared Ownership resale scheme, offering an excellent opportunity for first-time buyers. Built in 2020 and extending to approximately 70 sq. m (c. 764 sq. ft), this modern home is finished to a high standard throughout and offered unfurnished.
The ground floor comprises a bright and spacious living room, perfect for both relaxing and entertaining, alongside a contemporary kitchen/dining room fitted with appliances including a fridge/freezer, washing machine, hob and oven. French doors open onto the private rear garden, creating a lovely space for indoor-outdoor living.
Upstairs, the property offers two generous double bedrooms, with the main bedroom benefitting from fitted storage. A modern family bathroom serves both rooms, complete with an over-bath shower and stylish fittings. Additional storage is available via built-in cupboards and a well-insulated loft, while gas central heating ensures comfort and efficiency.
Externally, the property features a small front entrance garden and a private rear garden, ideal for enjoying warmer months. The home also benefits from private parking with space for two cars.
Key Features
- Two-bedroom semi-detached house
- Available via Shared Ownership resale
- Built in 2020
- EPC Rating B
- Council Tax Band B
- Unfurnished
- Modern kitchen with fridge/freezer, washing machine, hob & oven
- Private rear garden plus small front entrance garden
- Private parking for 2 cars
Key Information
- Tenure: Shared Ownership
- Available Shares from: 35%
- Full Market Value: £255,000
- Share Value (initial purchase) from: £89,250
- Rent (on unsold equity): £497.86
- Service Charge: £89.99 per month
- Lease Length: 119 years
- Council Tax Band: B
- EPC Rating: B
Location
Located at Farthing Land in the popular village of Elmswell, this home enjoys a მშვიდ and well-connected setting. The property is within easy walking distance of the village centre and surrounding countryside, offering a balance of rural charm and everyday convenience.
Elmswell provides a variety of local amenities including a Co-op, cafés, pubs, a library, primary school and pre-school, as well as independent shops and services. The village railway station offers direct links to Bury St Edmunds, Ipswich, Cambridge and London, making it ideal for commuters.
Excellent road connections via the A14 allow easy access to surrounding towns, while nearby Bury St Edmunds offers a wider range of shopping, dining and leisure facilities. This is a welcoming and well-served village location, perfect for a range of buyers.
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.
Red Loft
