A lovely ground floor apartment situated within a period building in the heart of the picturesque village of Chaddesley Corbett, now available with no local connection requirements and being sold on a part buy, part rent basis.

• Now available with no local connection requirements
• Shared ownership
• Affordable home
• Desirable village setting
• Period building
• Good local amenities
• Communal Gardens
• Residents Parking

Now available with no local connection requirements. This property is being sold on a part-buy, part-rent basis, with a 50% 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 £181.42, 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 meet the qualifying criteria outlined below;

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

Please note: A financial assessment will need to be undertaken by Louise Grant at The Financial Advice Centre before an application can be made. Applications are taken on a first come, first served basis and incomplete applications cannot be accepted.


Entrance
The property is approached from the rear and accessed via a porch leading to the entrance door, with a useful covered area and a storage cupboard.

As you enter the apartment you are greeted by a welcoming hallway, with doors accessing the accommodation and three good-sized storage cupboards.


Living room
Situated to the left side of the property is a light and airy living room featuring windows to the rear and side elevations.


Kitchen
Adjacent to the lounge is the kitchen, which has fitted wall and base units, with work surfaces incorporating a sink, tiling to the splashbacks and a window to the front aspect. There is also space for a slot-in cooker and a further appliance under counter.


Bedroom
The bedroom is an excellent-sized double room, with a window to the rear aspect.


Shower room
Completing the accommodation is a shower room comprising a WC, a washbasin, a walk-in wet room style shower, tiling to the splashbacks and walls around the shower and an obscure-glazed window to the rear aspect.


Garden
There is a communal garden at the rear comprising paved patios ideal for the enjoyment of the outside, with a lawned area beyond. There is also residents parking situated at the rear of the property, accessed from the communal gardens or Hemming Way via car.

Mains electricity, water and drainage.

Council tax band A

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 or doesn't Exchange within 6 months of the fee being received other than as a result of:

1. Any significant material issues highlighted in a survey that were not evident or disclosed prior to the Memorandum of Sale being issued and where no compensatory terms are offered.
2. Serious and material defect in the seller’s legal title.?
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared unless in the public domain.
4. The vendor withdrawing the property from sale.

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 only upon acceptance of an offer and a successful 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 4 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.