25% SHARED OWNERSHIP. A SPACIOUS traditional terrace home requiring MODERNISATION and refurbishment throughout in a HIGHLY DESIRABLE location within BOURNVILLE. Offered exclusvely for those who are not in ownership of another property (such as first time buyers) and parties who would qualify under HELP TO BUY scheme, the property briefly comprises; front fore court, vestibule, hallway, through lounge, spacious kitchen diner, integrated outbuilding incorporating W.C., three good bedrooms, first floor bathroom and rear garden. Benefiting from gas central heating and NO UPWARD CHAIN. EPC Rating: E(48)
The property is approached via front fore garden with paved path leading to steps in turn to obscured leaded wooden glazed entry door leading into...
- Inner Vestibule
With minton tiled floor, electricity meter, electricity fuse box and obscured glazed wooden door leading into...
With central heating radiator, stairs leading to first floor landing and paneled wooden door leading into reception rooms.
- Reception Room One10' 9'' into chimney breast recess x 15' 6'' into bay (3.28m x 4.73m)
With a central heating radiator, feature gas fire, uPVC double glazed window to front, picture rail, cornice to ceiling and obscured glazed double wooden sliding doors leading into...
- Reception Room Two11' 2'' into chimney breast recess x 14' 8'' (3.41m x 4.47m)
With a central heating radiator, gas fire, wooden glazed door leading into rear garden and paneled wooden door leading into...
- Kitchen Diner17' 8'' x 8' 6'' (5.39m x 2.58m)
With three glazed windows, glazed wooden door leading into rear garden, central heating radiator, Vaillant combination central heating boiler, wall and base units, sink and drainer, paneled wooden door accessing under stairs storage and door leading into...
- Enclosed Outbuilding
With storage space and accommodating high flush W.C with glazed windows to side and rear.
- First Floor Landing
With paneled wooden door accessing over stairs storage cupboard, loft access point and paneled wooden doors leading into the following accommodation;
- Bedroom One16' 2'' x 13' 3'' (4.94m x 4.03m)
With a central heating radiator, wooden glazed window to front and built in wardrobes.
- Bedroom Two14' 2'' x 10' 7'' into chimney breast recess (4.33m x 3.23m)
With central heating radiator, glazed window to rear and built in wardrobe.
- Bedroom Three8' 6'' x 10' 9'' (2.58m x 3.28m)
With a central heating radiator, glazed window to rear and built in wardrobe.
- Bathroom6' 8'' x 5' 5'' (2.02m x 1.66m)
With a central heating radiator, W.C, wash basin, bath, tiling to splash backs, electric shower over bath and obscured glazed window to side.
- Rear Garden
With wooden fencing to boundaries, mature with various shrubs and trees and space to rear to accommodate garden shed.
- Shared Ownership Rent & Buildings Insurance
The remaining share is owned by Bromford Housing Association (0330 123 4034). The rent payable is currently £455.10pcm. Buildings insurance is £15.06pcm.
- Lease Information
The current lease is 125 years from 25th March 1996. We understand that once the property has been owned for a period of time additional shares may be purchased in the property (known as 'staircasing'). Once 100% ownership has been obtained, the Freehold title will be transferred owner. Formal confirmation of this will be required via the appropriate conveyancers.
- Propsective Purchaser Qualification
Shared ownership is a government funded scheme. Any purchaser must register online with Help to Buy who will assess eligibility for shared ownership. Help to buy can be found at helptobuymidlands.co.uk
To qualify for shared ownership a purchaser must have a household income under £80,000 per annum and no be in ownership of another property.
When a sale is agreed, Bromford will carry out a more detailed assessment of a purchaser..