An excellent opportunity to purchase this traditional three-bedroom home on an affordable part-buy, part-rent basis. Situated on the Bewdley side of town close to beautiful adjoining countryside.

• Shared ownership
• Affordable family home
• Popular location
• Close to countryside
• Good local amenities
• Through-lounge
• Garden
• Scope to create parking

This traditional property is being sold on a part-buy, part-rent basis with a 50% to 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 £198.25, 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 Home Choice Plus Housing Register.


How to apply
To apply for this property, you need to complete an application form and an income and expenditure statement. You will also need to provide documents to support your application, please use the checklist to ensure you have provided everything that is applicable.

All documents can be found here:
Application form – (communityhousing.co.uk/pdf/sales/Application.pdf)
Income and expenditure form - (communityhousing.co.uk/pdf/sales/IncomeAndExpenditure.pdf)
Application checklist – (communityhousing.co.uk/pdf/sales/ApplicationChecklist.pdf)

You also need to register on our housing register Home Choice Plus – (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 Home Choice Plus and Orbit, you can email the Application form, Income and expenditure form and supporting documents to the email on the bottom of the application form.

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

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


Description
17 Truro Drive is a traditional mid terraced home with spacious room sizes internally including a through lounge and a kitchen diner. To the rear is a sizeable garden and whilst the frontage is currently laid to lawn, there is scope to create off road parking, subject to securing a dropped kerb approved via the council.

The property is accessed via a composite door to the front, which leads to an entrance hallway, with stairs rising to the first floor and a door accessing the living room.

There is a spacious and light living room, which runs from the front to the back of the property and features dual aspect windows to the front and rear, wood laminate flooring and a fireplace. A door from here leads through to the adjoining kitchen.

The kitchen also runs from the front to back of the property and offers an opportunity for a dining or living area at one end. There are wall and base units with work surfaces incorporating an inset sink and drainer. The kitchen also includes space for various appliances, a window to the rear aspect and doors leading to the front and rear of the property.

First floor
The landing has a cupboard housing a contemporary Worcester boiler, a loft hatch accessing the roof space and doors to the bedrooms, bathroom and separate WC.

Bedroom one is a spacious and light double room, with a walk-in cupboard/wardrobe and a window to the front aspect.

Also situated to the front is bedroom two, which is another spacious double room, with a window to the front aspect.

The third bedroom is a good-sized single room, with a window overlooking the rear garden.

Situated to the rear is the bathroom comprising a pedestal washbasin, a low-level WC, a panelled bath with a shower above and a frosted window to the rear.

There is also a separate WC accessed from the landing, including a low-level WC and a frosted window to the rear.


Gardens and grounds
There is a substantial garden to the rear, which offers great potential to make for an excellent family-friendly outside space once tidied up. The garden includes a paved patio area and is enclosed by wooden panelled fencing, with side access from the front via a shared passageway.

The front of the property is currently laid to lawn but may offer scope to be made into a driveway as other homeowners in the road have done. This would be subject to securing permission from the council for a dropped kerb.


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.

In the instance the Seller withdraws from the sale the fee will be returned to the Buyer. The fee will be retained by Andrew Grant Sales Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than as a result of:

1. Any structural or material issues arising from any survey that has not previously been disclosed
2. A 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 levels are as follows:
an agreed offer under £500,000 will be £750 inclusive of vat
an agreed offer between £500,000 and £1,000,000 will be £2,000 inclusive of vat
all agreed offers over £1,000,000 will be £3,000 inclusive of vat

Any renegotiation of an accepted price post the issue of the Sales Memorandum for any reason not covered in points 1 to 3 above will lead to the reservation fee being retained and a further fee payable on any lower offer accepted by the vendor which will then be returned subject to the conditions that prevail for any reservation fee.