* Leasehold
* Guideline Minimum Deposit £19, 500
* Guideline Income £53. 3k (dual) £61. 1k (single)
* Two Storey, Three Bedroom, Detached House
* Approx. 1118 Sqft Gross Internal Area
* High Performance Glazing
* Bathroom, Shower Room and Cloakroom
* Side Garden
* Garage plus Driveway
Shared ownership (Advertised price represents 50% share. Full market value
£390, 000). A great chance to buy a spacious, recently - built, family home. The
detached, double - fronted property provides more than eleven hundred square
foot of accommodation arranged over two floors. The entrance hall leads to a
ground - floor cloakroom, a triple aspect reception room with bay window and to
an attractive kitchen/dining room with patio doors, breakfast bar and utility
room. Upstairs is a main bedroom also benefits from windows on three sides and
features a fitted wardrobe and en - suite shower room. There is a generously -
sized second bedroom with fitted wardrobe, a smaller third double bedroom and
a simple yet stylish, naturally - lit bathroom. Well insulated walls, roof and
floor, high performance glazing and a modern gas central heating system make
for a very good energy - efficiency rating. To the side of the house is a garden
and, beyond that, a garage and two - car driveway. The centre of Wells, with its
picture - book market place and impressive, historic buildings is only a few
minutes drive away and can also be reached via brief bus or bike ride. Wookey
Hole Caves, Ebbor Gorge National Nature Reserve and the Mendip Hills Area of
Outstanding Natural Beauty lie just to the north.
**Interested parties are required to complete the shared ownership common
application form
**
**[]**
(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: _ Heylo. Heylo Housing requires that all applicants must
have permanent rights to reside in the UK.
_Tenure: _ Leasehold (125 years from 2021).
_Minimum Share: _ 50% (£195, 000).
_Shared Ownership Rent: _ £477. 06 per month (subject to annual review).
_Service Charge: _ £41. 08 per month (subject to annual review).
_Guideline Minimum Income: _ Dual - £53, 300 Single - £61, 100 (based on minimum
share and 10% deposit).
_Council Tax: _ Band E, Somerset 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.
_What is shared ownership ?_
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
_Is shared ownership for you ?_
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
Ground Floor
Entrance Hall
8' 1" x 6' 3" (2. 46m x 1. 91m)
Cloakroom
Kitchen / Dining Room
18' 1" x 10' 10" (5. 51m x 3. 30m)
Utility Room
6' 6" x 5' 4" (1. 98m x 1. 63m)
Sitting Room
18' 0" x 13' 4" into bay (5. 49m x 4. 06m)
First Floor
Landing
Bedroom 1
18' 0" max. X 11' 0" max. (5. 49m x 3. 35m)
En - Suite Shower Room
Bedroom 2
11' 9" x 10' 4" (3. 58m x 3. 15m)
Bedroom 3
11' 10" max. X 7' 4" (3. 61m x 2. 24m)
Bathroom

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