2 bedroom bungalow for sale

An attractive mid terrace two bedroom retirement bungalow with its own private garden and driveway, for the over 55s, available for sale on a 70% shared ownership basis with the remaining 30% retained by Home Group. Internally the accommodation includes a hall, a spacious lounge/dining area, rear porch, a kitchen, two bedrooms and a shower room/wc. This pleasant development is ideally placed for local amenities, shops and transport links, including major road connections. Benefits of the property include double glazed windows, gas central heating to radiators (where stated), low maintenance rear garden and a driveway to the front, providing off street parking. Viewing highly recommended.

Ground Floor - Access via UPVC door to

Entrance Hall - Sliding mirrored storage cupboard, radiator and doors to lounge.

Lounge - 3.90 x 3.71 (12'9" x 12'2") - Feature fireplace, radiator, UPVC double glazed door and a window to the rear porch. Open plan into the dining area.

Dining Area - 2.59 x 2.23 (8'5" x 7'3") - Double glazed window to the front and radiator.

Rear Porch - Double glazed UPVC sliding door to rear.

Kitchen - 2.48 x 2.95 (8'1" x 9'8") - Range of wall and base units with work surfaces over incorporating 1 1/2 bowl stainless steel sink and drainer unit with mixer tap. Integrated appliances include a oven and hob with an extractor hood. Space has been provided for the inclusion of a fridge freezer and a washing machine, double glazed window to the front and radiator.

Bedroom 1 - 3.90 x 2.98 (12'9" x 9'9" ) - Double glazed window to the rear, radiator and storage cupboard.

Bedroom 2 - 2.84 x 2.08 (9'3" x 6'9") - Double glazed window to the rear and radiator.

Shower Room - Low level WC, hand wash basin and walk in shower, chrome ladder style heated towel rail, built in storage and frosted window.

Outside - Low maintenance rear gardens with a driveway to the front providing off street parking. The grassed area to the front is maintained by Home Group.

Council Tax Band - The Council Tax Band is Band A.

Tenure Leasehold - We are advised by the Vendors that the property is Leasehold. We have been advised by the vendor the Lease Term is a surrender and regrant lease, the lease will renew to a full 99 years for each new owner. The Service charge is £1371.01 per annum. There is no ground rent.

Ground rent review period (year/month) - to be confirmed
Annual Ground rent increase % - to be confirmed

Any prospective purchaser should clarify this with their Solicitor.

Annual Payments To Landlord - The annual payment to the landlords includes:

Rent £0.00
Service charge £315.23
Estate charge £0.00
Buildings insurance £265.00
Management fee £325.78
Reserve fund payment £465.00
Warden services £0.00
List other monthly costs £0.00
(e.g. alarm)

Total annual Payment £1371.01
Charges are reviewed annually and will change in April

Eligibility - You can apply to buy the home if the following apply:

You are over 55 years old or over
Your household income is £80,000 or less
You cannot afford to buy a home that meets your needs using the funds you have (including a mortgage if you are able to take one out)

One of the following must be true:

You are a first time buyer
You used to own a home cut 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 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.
You must have a good credit record. Your application will involve an assessment of your finance by The Mortgage People

Share Purchase Price - Share Purchase Price
£95,000 (70% share)
The share purchase priced offered to you will be bases on an assessment of what you can afford.

Pets - Yes, permitted with a revocable pet licence will be required at a cost of £125 + VAT.

Subletting - You cannot sublet (rent out) your entire home unless you have your landlords’ s permission. They will only give you permission in exceptional circumstances. If they give permission, you must sublet your home to someone who meets the eligibility criteria.

If you’re a serving member of the armed forces, and you’re required to serve away from the area where you live for a fixed period, you may sublet the entire home subject to the landlord’s permission.

Important Notice - Peter Heron Ltd for themselves and for the vendors of this property whose agents they are, give notice that:-
The particulars are set out for general guidance only for the intending Purchasers and do not constitute part of an offer or contract. Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance which you feel may influence your decision to purchase, please contact the office and we will be pleased to check the information. Do so particularly, if contemplating travelling some distance to view the property.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, however any intending purchasers should not rely on them that statements are representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Independent property size verification is recommended.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. No person in the employment of Peter Heron Ltd has any authority to make or give any representation or warranty whatever in relation to this property or these particulars, nor to enter into any contract on behalf of Peter Heron Ltd, nor into any contract on behalf of the Vendor. The copyright of all details and photographs remain exclusive to Peter Heron Ltd.
Please note that in the event the purchaser uses the services of Peter Heron Conveyancing in the purchase of their home, Peter Heron Ltd will be paid a completion commission of £210.00 by Movewithus Ltd.

Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on[use Contact Agent Button] or book viewing online at peterheron.co.uk

Opening Times - Monday to Friday 9.00am - 5.00pm Saturday 9.00am - 12noon

Ombudsman - Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.