A brand-new detached home in the delightful village of Cookley, being sold on a part buy, part rent basis.

• Shared ownership
• New home
• Village location
• Spacious kitchen diner
• Newly landscaped garden
• Driveway parking

A rare and exciting opportunity to purchase a brand-new home 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 £362.68, which includes buildings insurance and administrative fees. Below is information pertaining to eligibility and how to apply.


Qualification eligibility criteria
Applicants are not eligible to join the Home Choice Plus housing register unless they met the qualifying criteria of a close association outlined below;

In determining whether the household has a close association we will agree a connection exists in the following circumstances;

- Where the local connection arises due to residency the applicant(s) must have lived in the partnership area (by choice) for a minimum period of two years.

- Where the applicant(s) meets any of the statutory homelessness definitions included in the allocations policy.

- Where the local connection arises due to employment and the applicant(s) have been in permanent, paid employment for a minimum period of six months, within one of the Local Authority areas included in the Partnership, immediately prior to the application (please see further information below).

- Where the applicant(s) has a close (immediate) family member living in the HC+ partnership area and has done so for a minimum period of five years, immediately prior to the application (please see further information below).

- Where the applicant has resided in the Partnership area for three out of the last five years at the point of application.


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



The property is approached via a block-paved driveway with a paved pathway leading to the covered porch and front door.


Entrance
As you enter the property you are greeted by a welcoming entrance hallway, with stairs rising to the first floor and a door leading to the living room.


Living room
The living room has a window to the front aspect.


Kitchen
Situated to the rear of the property is a spacious kitchen/diner, which is great for modern family living and flows nicely onto the rear garden via the French doors. The kitchen has natural coloured wall and base units, with granite effect worktops incorporating an inset sink and drainer. There is also a built-in oven and hob with an extractor above, space for further appliances, down lighters and a window to the rear aspect.

First floor
The landing has a storage cupboard and doors leading to the family bathroom and three bedrooms.


Bedrooms
Bedroom one is a spacious double bedroom, with a window to the front aspect. The remaining bedrooms two and three both overlook the rear garden.


Family bathroom
Completing the accommodation is a neatly styled family bathroom featuring a white suite comprising a panelled bath with a shower above, a pedestal washbasin and a low-level WC.


Outside
To the rear of the property is a newly landscaped garden, which is generous in size and smartly laid out. The garden comprises a paved patio, which gives way to a good-sized lawn. There is a wooden shed at the far end of the garden.

This private garden is enclosed by wooden panelled fencing and has gated access to the side.

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

Council tax band - to be confirmed.

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

The reservation fee is payable upon acceptance of an offer which itself is subject to an assessment of ability to proceed. Any renegotiation of an accepted price after 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. A further fee will be payable on any subsequent reduced offer accepted by the vendor. This will be returnable subject to the conditions that prevail for all reservation fees.