2 bedroom semi-detached house

Price From £52,250

ATTENTION FIRST TIME BUYERS, DOWN SIZERS AND FRESH STARTERS - A PERFECT CHANCE TO PURCHASE THIS MODERN TWO BEDROOM SEMI DETACHED PROPERTY WHICH IS PART OF A SHARED OWNERSHIP SCHEME. ON MARKET VALUE £95,000 (55% SHARE = £52,250)

Summary

The buyer can purchase a percentage of the property and pay a reduced rent on the remaining percentage with the option to buy further shares when in a position to do so, 55% option available. The accommodation briefly comprises entrance hall, lounge, fitted kitchen, ground floor w.c., two double bedrooms and house bathroom. Off road parking and garden to the rear.

Location

The property is conveniently positioned for local shops, schools and public transportation and is a short driving distance from Holderness Road shopping centre. Leisure facilities are available at Hull East Park and Woodford Leisure Centre.

Accommodation

The property is arranged on two floors and briefly comprises as follows:

Entrance Hall

Understairs storage cupboard. Leading to the …

Ground Floor WC

Low flush w.c. and hand wash basin. Window to the rear.

Lounge

Windows to the front and rear.

Kitchen

Range of wall, floor and drawer units with preparation surfaces over, stainless steel sink and inset, oven, hob and hood, fridge freezer recess, window to the front and French doors to the rear.

First Floor

Bedroom 1

Window to the rear, Juliet balcony and French doors to the front.

Bedroom 2

Window to the front.

Bathroom

Panelled bath with shower over and tiled surround, low flush w.c. and hand wash basin.

Outside

Gated off road parking to the side and lawned garden to the rear.

Agents Note

This is the chance to purchase 55% ownership with a reduced rent paid on the remaining 45% administered through a shared housing scheme.

Tenure

The property is leasehold:

Rent: 2.72% of the remaining share of the full market value owned by the landlord.

Total Monthly Payment Excluding Rent: £9.20

Length of Lease (Number of yrs remaining): 125 years approx.

Under a shared ownership lease, you pay for a percentage share of the market value of a home. You enter into a lease agreement with the landlord and agree to pay rent to the landlord on the remaining share.

Option to purchase 100% ownership is available - at 100% ownership, the freehold will transfer to you.

Central Heating

The property has the benefit of gas central heating.

Double Glazing

The property has the benefit of UPVC double glazing.

Council Tax

Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A .*

Fixtures & Fittings

Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer

*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings

Strictly by appointment with the sole agents.

Site Plan Disclaimer

The site plan is for guidance only to show how the property sits within the plot and is not to scale.

Mortgages

We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Holderness Road Office on[use Contact Agent Button]. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Valuation/Market Appraisal

Thinking of selling or struggling to sell your house? More people choose beercocks in this region than any other agent. Book your free valuation now!

Note: We are informed the property is non standard construction.

*Price is Based on 55% shared ownership, 100% ownership can be bought please [use Contact Agent Button]