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2 bed Terraced in Attleborough £138,750

Available

Description

Property Ref: 6068
For viewing arrangement, please use 99home online viewing system.

Property Ref: 6068

75% shared ownership with NO rent to pay

Here is an opportunity to buy a 3 year old two-bedroom Taylor Whimpey house, show home standard with various upgrades made throughout. Low maintenance garden and parking with a new primary school a few minutes' walks away...

Shared Ownership details

The full market value of the property is £185,000 however you would be buying 75% at £138,750 (Leasehold)

The lease will be sold on with 122 years left

The remainder is owned by Breckland Council and managed by Orbit housing

The house is on a peppercorn scheme meaning there’s no rent to pay on the 25%

A purchaser will need to meet the Housing Association eligibility requirements:
Your household earns £60,000 a year or less
You’re a first-time buyer
You used to own a home, but cannot afford to buy one now
You’re an existing shared owner

To be excepted by Breckland council you need to have one of the following:
one of the following:

3yrs residence in the breckland area continuously or 3yrs out of the last 5yrs

Permanent employment in the breckland area

Close relative has to have resided for 3yrs in the breckland area

DESCRIPTION

Entrance Hall
Entrance door to the front to the open plan kitchen and living space
Laundry cupboard with washing machine and tumble dryer

Cloakroom
WC, washbasin, spotlights, and radiator

Lounge/Dining Area 13’1” x 8’ 10” max (3.98 m x 2.70m max)
Double glazed window to the front, radiator, and door to garden. Bar added to the back of the kitchen to make a place for eating and working.

Kitchen 8’10" max x 6' 12" (2.80m max x 2.08m)
Fitted with a range of wall and base units with work surfaces over, newly fitted black composite sink, tiled surrounds, and tiled flooring. Large walk-in the cupboard under the stairs and spotlights.

Bedroom One 10’9" x 8’7" (3.28m x 2.61m)
Double glazed windows, radiator and built-in wardrobe. Pictures shown have a super king bed.

Bedroom Two 13’1" x 6’9" (3.98m x 2.041m)
Double glazed window and radiator.

Bathroom
WC, washbasin, bath with shower over and tiled surrounds, spotlights.

Garden
Enclosed and astro-turfed rear garden with paved patio and pathway to back gate which leads to an alleyway given you another access point to the house. Garden shed at the back on the garden.

Front
Back from the road with private parking

What is Shared Ownership?
Shared Ownership gives first-time buyers and those that do not currently own a home, or perhaps think they cannot afford a home, the opportunity to purchase a share in a new build or resales property, The purchaser pays a mortgage on the share they own, and pays rent to a housing association on the remaining share. Because the purchaser only needs a mortgage for the share they are purchasing, the amount of money required for a deposit is a lot lower when compared to the amount that would be required when purchasing outright. Shared ownership is a government-backed scheme.

The purchaser has the option to increase his share during their time in the property via a process known as 'stair casing', and in most cases can staircase all the way to 100%, thereby owning the property outright. shared ownership properties are always leasehold.
How shared ownership works
With shared ownership, you buy between a quarter and three-quarters of a property. You have the option to buy a bigger share in the property at a later date. These schemes are aimed at people who don't earn enough to buy a home outright. Most of the homes available are newly built, but some are properties being re-sold by housing associations.

Please call make Home99 to organise a viewing with the vendor.

Property Ref: 6068

  • 2 Bedroom(s)
  • 1 Bathroom(s)
  • 1 Living Room(s)

Address: Tortoiseshell Drive, , Attleborough, NR17 1GU.

Shared ownership: £138,750

For more details and to book an appointment,  Call our dedicated sales team now.

Disclaimer : 99home.co.uk is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate

Property Floorplans

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Property Location

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Key Features

Property Details

Property Type: Terraced

Bedroom(s): 2

Bathroom(s): 1

Living Room(s): 1

Address: Tortoiseshell Drive, , Attleborough, NR17 1GU

Lease Hold property options

Remaining Lease in years: 122

Yearly Ground rent cost: 0.00

Yearly management cost: 0.00

Status Available

Features

Chain Free

Prime Location

Close to School

Double Glazed

Parking

Allocated

Off-street

Outside Space

Enclosed Garden

Patio

Heating

Gas Central Heating


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