Finchers Corner
Cradley, Malvern
2
1
1
- Available with no onwards chain
- Peaceful location in Cradley offering a serene and tranquil lifestyle
- Shared ownership opportunity with a 25% share of the property
- Two spacious bedrooms with views of the beautiful Malvern Hills
- Light-filled modern kitchen with room for dining and integrated appliances
- Generous rear garden with patio perfect for outdoor dining and entertaining
- Private driveway offering secure parking for multiple vehicles
- Convenient downstairs WC providing added practicality for busy households
- Modern bathroom with a bright finish and an overhead shower for convenience
Guide price
864 sq. ft.
Tenant Info01905 734 734
Please quote reference number JOB240182
A delightful semi-detached home located in the peaceful location of Cradley, available on a part-buy, part-rent basis.
- Available with no onwards chain
- Peaceful location in Cradley offering a serene and tranquil lifestyle
- Shared ownership opportunity with a 25% share of the property
- Two spacious bedrooms with views of the beautiful Malvern Hills
- Light-filled modern kitchen with room for dining and integrated appliances
- Generous rear garden with patio perfect for outdoor dining and entertaining
- Private driveway offering secure parking for multiple vehicles
- Convenient downstairs WC providing added practicality for busy households
- Modern bathroom with a bright finish and an overhead shower for convenience
• Shared ownership for a 25% share of the property.
• Two well-proportioned bedrooms, one with splendid views of the Malvern Hills.
• Generous garden to the rear of the property with patio, ideal for al fresco dining and entertaining.
• Sizeable private driveway provides secure parking for multiple vehicles.
• Convenient downstairs WC and washbasin, enhancing the home’s functionality.
This excellent and affordable housing scheme, offered by Stonewater Homes, is perfect for first-time buyers or those on a limited budget looking to get onto the property ladder. With a 25% shared ownership, the monthly rent is £482.45, plus a service charge of £5.83. Below, you will find details on the eligibility criteria and how to apply.
Qualification & Eligibility Criteria
To be eligible for shared ownership you will need to evidence:
• Your household income is £80,000 a year or less (£90,000 a year or less in London).
• You cannot afford all of the deposit and mortgage payments for a home that meets your needs.
One of the following must also be true:
• You’re a first-time buyer.
• You used to own a home but cannot afford to buy one now.
• You’re forming a new household - for example, after a relationship breakdown.
• You’re an existing shared owner, and you want to move.
• You own a home and want to move but cannot afford a new home that meets your needs.
Please take note of the minimum income, (£32,415.00) which is based on the minimum deposit (£6,062.00) for this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.
Local Connection Criteria
The Affordable Housing Units must be allocated in accordance with the Herefordshire allocation policy as a sole residence to a person or persons who:
• In the event of there being no person having a local connection to the parish of Cradley, a person with a local connection to one of the following parishes: Mathon, Bosbury, Bishops Frome, Acton Beauchamp or Evesbatch.
• In the event of there being no person with a local connection to any of the parishes referred to in sub-paragraphs above, any other person ordinarily resident within the administrative area of the Council who is eligible under the allocations policies of the Registered Social Landlord. If the Registered Social Landlord can demonstrate to the Council that after 28 working days of any of the Affordable Housing Units becoming available for letting, the Registered Social Landlord, having made all reasonable efforts through the use of Home Point, have found no suitable candidate under sub-paragraphs above.
How to Apply
If you make a successful offer after your viewing, we will let Stonewater Homes know and they will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment, but you are not obliged to use them afterwards to arrange your mortgage but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.
Description
This nicely presented semi-detached house, located in peaceful Cradley, offers a balance of spacious interiors and outdoor space. The property features a light-filled kitchen with modern appliances, a generous reception room overlooking the garden, two generously sized bedrooms, a modern bathroom and a convenient downstairs WC. Externally, the property is surrounded by mature hedges, creating a perfect setting for relaxation and benefits from a large private driveway, enhancing its appeal as a practical and inviting home.
The kitchen
This bright and modern kitchen/dining room features wall and base units, a sink with drainer and integrated appliances such as an oven, hob and extractor hood. A wall-mounted boiler is neatly housed here, and there is room for a table and chairs. The large window allows the room to be flooded with light and overlooks the front of the property.
The living room
The light-filled living room features a large sliding door which creates a seamless transition to the garden, perfect for al fresco dining and entertaining. The room offers ample space for seating arrangements.
The cloakroom
At the end of the hallway, the convenient downstairs WC includes a glazed window to the side, a low-level WC, and a washbasin with tiling to splash-backs, offering both functionality and convenience.
The primary bedroom
Positioned at the front of the property, with splendid views, the primary bedroom is a light-filled double room, decorated in neutral tones to suit any style.
Bedroom two
This double room features a large rear-facing window that fills the space with natural light and has views over the garden, making it a peaceful room.
The bathroom
The modern bathroom comprises a white suite, including a low-level WC, washbasin, and a bath with an overhead shower. Tiling over the bath ensures a practical finish, and the room is decorated in light tones making it bright and airy.
The garden
Sliding glass doors from the living room open out onto the rear garden, which features a lawn bordered by mature hedges and a walled patio section, ideal for outdoor dining. Side access connects the rear garden to the generous front driveway, and a shed offers a practical place for storage.
Agent Note
The majority of Stonewater Homes shared ownership homes undergo a rent review in April 2025. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. Stonewater Homes will confirm the exact changes to the rent for this property as part of the sales process.
Applicants must be eligible for Shared Ownership - applicants income must not exceed £80,000 and must not have a legal interest in another home, unless the property is sold subjected to contract.
The property benefits from mains gas, electricity and water.
Council tax band C
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 will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and 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/or 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.
Tenant information
Permitted payments (inc vat)
- Rent
- Holding deposit equivalent to one weeks rent
- Security deposit equivelent to 5 weeks rent (6 if annual rent is £50,000+)
- Utilities
Default charges
- Replacement keys and other security devices - charged at cost of replacement(s)
- Rent arrears - 3% above the Bank of England base rate
Other possible charges
- Novation of contract (where a tenancy is ended in place of another one following a change of tenant) - £50
- Variation of contract (for example, change of rent date) - £50
- Change of sharer - £50 per tenant
- Surrender of tenancy - tenant liable to pay the rent for the whole period (within reason) as well as landlord costs of re-letting the property as detailed on our landlord fee schedule
Company Lets (Non Housing Act Tenancies)
- £250 per application to include referencing and legal paperwork
- Security deposit equivalent to 6 weeks rent
- Default charges, pet charges and other possible charges as listed above may apply
Tenant protection
Andrew Grant is a member of ARLA and The Property Ombudsman's (TPO) redress scheme. You can learn more by contacting us directly or visiting:
Accreditation
We commonly receive referral fees from specialist service partners an outline of these can be found here: and are reviewed annually in line with our financial year to identify any changes in average fee received. Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites. For properties to rent in England and Wales, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees. It is the agent's responsibility to ensure that all relevant information provided is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.