Raven Street

Stourport-On-Severn

  • 3

  • 1

  • 1

  • Shared ownership
  • Affordable family home
  • Corner plot
  • Through-lounge
  • Downstairs WC
  • Garden
  • Off-street parking
  • Garage

Fixed price

1107 sq. ft.

Tenant Info
Email the team

01384 370 232

Please quote reference number JHE220276

About the property

An incredibly rare opportunity to purchase this three-bedroom home, which enjoys a highly desirable location just yards away from the town centre and the delightful riverside meadows. Being sold on a part-buy, part-rent basis.
  • Shared ownership
  • Affordable family home
  • Corner plot
  • Through-lounge
  • Downstairs WC
  • Garden
  • Off-street parking
  • Garage
Property Snapshot

This semi-detached property is being sold on a part-buy, part-rent basis with a 50% - 75% share available to purchase initially. This excellent and affordable housing scheme is provided by the Community Housing Group, ideal for first-time purchasers or those with a limited budget who want to get on the property ladder. The flexible scheme allows the owner to increase owned shares after one year up to the full 100% ownership, with the rental amount payable diminishing pro-rata. On a 50% shared basis the rental per calendar month is £251.32, which includes buildings insurance and administrative fees. Below is information pertaining to eligibility and how to apply.


Eligibility
To be eligible for shared ownership you:-
- Need to be over the age of 18
- Be unable to buy on the open market
- Not already own a property (unless in exceptional circumstances)
- Be able to raise a mortgage to cover the share you wish to purchase
- Be able to afford to pay the remaining rent and bills etc.
- Have enough saved to cover the mortgage and legal fees and any additional moving costs
- Have no more than £15,000 unsecured debt
- Be registered on HomeChoice plus Housing Register. You can apply online at https://www.homechoiceplus.org.uk/HouseholdRegistrationForm


How to apply
To apply for this property, you need to complete an application form and an income and expenditure statement. You can find them here:

Application.pdf (communityhousing.co.uk)
IncomeAndExpenditure.pdf (communityhousing.co.uk)

You need to provide documents to support your application, please use the checklist to ensure you have provided everything that is applicable:
ApplicationChecklist.pdf (communityhousing.co.uk)

You also need to register on our housing register Home Choice Plus – www.homechoiceplus.org.uk

Once your Home Choice Plus application has been approved you will be advised of a reference number which you will need to state as part of your application.

Once you have completed the application, gathered your evidence, and registered on Homechoice Plus and Orbit, you can email the application with the supporting documents and the Income & Expenditure to: sales@communityhousing.co.uk

We will then assess your application. This normally takes around a week.

Please note: Applications are taken on a first come first served basis and incomplete applications cannot be accepted.


Description
The property is a well maintained three-bedroom home occupying a corner position at the end of Raven Street. The property boasts a generous plot, which is very private with gardens that wrap around the front, side and rear of the house. There is also a spacious garage at the rear of the property and parking for one vehicle to the front, a huge benefit which cannot be overstated considering how close the property is to the town centre. The interior is well maintained and offers an excellent amount of space, including a pleasant through lounge and three good sized bedrooms.

Set well back from the road behind a long front garden, which comprises a lawn with mature hedging and a pathway leading to the canopy porch and the front door.

Once inside the property you are greeted by a spacious and welcoming hallway featuring an under stairs cupboard and doors to the living room and the kitchen.

The spacious lounge runs from the front to the back of the property and has windows to the front and rear and a door leading to the kitchen.

There is a kitchen, which is a fair size and has matching wall and base units with work surfaces incorporating an inset sink and drainer. The kitchen also has space for various appliances, a useful larder/pantry, a window to the rear aspect and double doors accessing a porch to the rear.

The rear porch is ideal for storing coats and boots, with a door leading to the rear garden and an internal door accessing a downstairs WC.


First floor
The first-floor landing has an airing cupboard, a loft hatch accessing the roof space and doors leading to the bedrooms and bathroom.

Bedroom one is a double room, with a window to rear aspect. The second bedroom is another double room featuring a window with views over nearby woodland. Bedroom three is a good-sized single room, with a window to the rear aspect and a built-in wardrobe/storage.

The bathroom comprises a panelled bath with shower above, a pedestal washbasin, a low-level WC and a frosted window.


Gardens and grounds
In addition to the large frontage, the property also benefits from neatly maintained gardens to the side and rear, which are very private. At the side is a lawn enclosed by mature conifer hedging with a gate leading to the rear garden. The rear is well-maintained and not overlooked and comprises a lawn with mature borders, a wooden shed and a gate to the rear accessing the parking and garage.

There is space for one vehicle in front of the garage, which is a good size and has an up and over door, power, lighting and a pedestrian door providing access from the garden.


Services
The property has mains gas, mains electricity and mains water.

Council tax band - B.


Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, will be payable by the Buyer to Andrew Grant Sales Limited prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract. This fee will be reimbursed upon Exchange of contracts. The fee will be retained by Andrew Grant Sales Ltd to cover costs in the event the Buyer withdraws from the purchase other than as a result of:

1. Any structural issues arising from any survey
2. Serious defect in the seller’s legal title
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown

The reservation fee will depend on the level of your agreed offer for the property:

an agreed offer under £500,000 will be £500 inclusive of vat
an agreed offer between £500,000 and £1,000,000 will be £1,000 inclusive of vat
all agreed offers over £1,000,000 will be £1,500 inclusive of vat