Sold STC

Goldthorn Road

Kidderminster

  • 3

  • 1

  • 1

  • Newly refurbished family home
  • Shared ownership
  • Refitted kitchen and bathroom
  • Private rear garden
  • Two double bedrooms
  • Driveway parking
  • Scope for personalisation
  • Excellent location

Fixed price

706 sq. ft.

Tenant Info
Email the team

01384 370 232

Please quote reference number JHE230263

An excellent opportunity to purchase a newly refurbished traditional home being sold on a part buy, part rent basis. Complete with driveway, large west facing garden, three bedrooms, refitted kitchen and bathroom.
  • Newly refurbished family home
  • Shared ownership
  • Refitted kitchen and bathroom
  • Private rear garden
  • Two double bedrooms
  • Driveway parking
  • Scope for personalisation
  • Excellent location

This property is being sold on a part-buy, part-rent basis, with purchasers having the option at this stage to purchase anywhere from 50-75% shares and the option to buy more later. 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 £204.33 which includes buildings insurance and administrative fees. Below is information pertaining to eligibility and how to apply.

How to apply
To apply for this property, you need to complete an application form and an income and expenditure statement.

You need to provide documents to support your application, please use the checklist to ensure you have provided everything that is applicable.

Be registered on HomeChoice plus Housing Register. You can apply online at https://www.homechoiceplus.org.uk/HouseholdRegistrationForm

Once the above is completed, email your supporting documents to: sales@communityhousing.co.uk

The Community Housing Group 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. You do not need to provide a homechoiceplus or orbit reference number.

Also, a financial assessment will need to be undertaken by Louise Grant at The Financial Advice Centre before an application can be made.



Description
An excellent opportunity to purchase an affordable shared ownership property conveniently located on the Bewdley side of town. The property has been newly refurbished throughout and features a driveway and large rear garden.

The property is approached via a gated garden with steps and a paved pathway leading to the front door. Adjacent to the garden is a driveway with space for one car.

Hallway
Once inside this newly refurbished home one is greeted by a welcoming light and airy hallway with stairs rising to the first floor and doors leading to the living room and kitchen.

Living room
The spacious living room runs front to back, and has dual aspect windows and cupboard housing the meters, fuse board and 'Ideal' boiler.

Kitchen
The newly refitted kitchen overlooks the rear garden and has matching wall and base units, work surfaces with inset sink drainer, space for appliances and door leading outside.


First floor
The first floor landing has a loft hatch providing access to the roof space and doors leading to the bedrooms and bathroom.

Bedroom one is a good-sized double room overlooking the rear garden and with radiator and airing cupboard.

Bedroom two is another double and has radiator and double-glazed window to the rear aspect.

Bedroom three is a single room and has radiator and double-glazed window to front aspect.

Family bathroom
The newly refurbished bathroom radiator, frosted double-glazed window and white suite comprising panelled bath with shower above, pedestal wash basin and low level WC.


Gardens
To the rear is an extensive west facing garden, providing fantastic family-friendly outside space which is not overlooked. This two tier garden is enclosed by wooden panelled fencing and comprises a gravelled seating area and a large lawn.

Mains gas, water, electricity and drainage.

Council tax band B

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
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 and not 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 upon acceptance by the vendor of an offer from a buyer and a positive completion of an assessment of the buyer’s financial status and ability to proceed.
Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.