A larger than average two-bedroom end-terraced home with a long garden and parking for two-cars, being sold on a part buy, part rent basis. With 50-75% available to purchase right away.

• Shared ownership
• Affordable home
• One owner from new
• Cloakroom
• Two double bedrooms
• Private and long rear garden
• Parking for two-cars
• 94 years remaining on the lease

This is a fantastic opportunity to purchase a modern home, which is only five-years old and has had just one owner from new, being sold on a part buy, part rent basis. Initially the new owner can purchase a 50-75% share with the option to buy more after one year.

The 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% at which point the property then becomes freehold. As the owned percentage increases the rental amount payable diminishes pro rata. On a 50% shared basis, the rental per calendar month for this property is £196.29, which includes buildings insurance and administrative fees. The new purchaser will inherit a long lease of 99 years starting from 2018 when the house was built. 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.
- Buyers must be already living in the Wyre Forest


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
6 Shrewsbury Road is an excellent end-terraced home, which is much larger than your average modern two-bedroom property and comes complete with a fantastic long garden that is not overlooked.

The property is approached via a two-car driveway, which is neatly laid to block paving. A paved pathway from here leads to the composite front door.

Once inside, you are greeted by a light and airy living room, which is spacious enough to accommodate a dining area if required. This lovely room features a window to the front aspect, a staircase rising to the first floor and a door accessing a useful lobby and the kitchen beyond.

The interconnecting lobby divides the kitchen from the living room and is useful for storage and has a door providing access to the cloakroom.

Situated to the rear of the property is a well-appointed kitchen. The kitchen is large enough to accommodate a table and chairs and flows nicely on to the rear garden. There are matching wall and base units with work surfaces incorporating an inset sink with drainer. Integrated appliances include a built-in oven and hob with an extractor above. There is space and plumbing for a washing machine, a window to rear aspect and a door to the garden.


First floor
The first-floor accommodation includes two bedrooms and a bathroom accessed from the landing.

Both the bedrooms are spacious and light double rooms, with the main bedroom featuring fitted wardrobe/storage space and two windows to the front aspect.

The rear bedroom has two windows providing pleasant views over the garden.

Completing the accommodation is a well-presented family bathroom comprising a panelled bath with shower and shower screen, a low-level WC and a pedestal washbasin. There is also tiling to the splashbacks and a frosted window to the side aspect.


Gardens and grounds
The property enjoys an excellent rear garden, which is much larger than one would normally expect with a modern home. The garden benefits from being extremely private and not overlooked. This quality outside space is family-friendly and neatly maintained. The garden includes a paved section of patio situated outside the kitchen door, with a long lawned area beyond enclosed by wooden panelled fencing. There is also a shed included and gated access to the side.

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

Council tax band - B.

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

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.