Property details
***LOW-COST MODERN HOME WITH SHARE OF FREEHOLD***A wonderful opportunity to purchase this delightful two bedroom low-cost modern ground floor apartment (offering 30% discount off the open market value) situated on a popular estate, overlooking open greenspace.
Built in 2019, the modern property benefits from a cosy, light and airy interior. There is spacious open-plan living/dining area, a modern fitted kitchen, two double bedrooms, including the principle bedroom with storage cupboard, main bathroom comprising a panelled bath with shower over.
Externally, there is an allocated parking space, and garden mainly laid to lawn with patio area.
Other benefits include mains gas central heating and double glazing throughout.
Low Cost Home Information
This property is available on the Wychavon Discount Market Sales Scheme at 70% purchase price of the open market valuation and is subject to qualifying criteria. The maximum purchase price is £132,650 based on an open market value of £189,500.
As this is a Discount Market Sale (DMS) property, there are a set of eligibility and local connection criteria which any prospective purchaser/s must meet prior to putting an application forward to the council for review. Please see below:
- Prospective purchasers should be 18 years or older
- A combined annual income (if purchasing in joint names, then this refers to all purchasers) cannot exceed £80,000 in the tax year immediately preceding the year of purchase
- Evidence that they are unable to purchase this property at the open market valuation price
- This is to be their sole residence
- If they currently own/jointly own a home, that this is SSTC and they are in a proceedable position
A person/s that the council is satisfied (acting reasonably) would not be able to purchase the property at the open market value and who has a local connection to the area.
- The S106 Legal Agreement details a local connection as meeting one of the following criteria:
· Lived in the parish by choice for 6 out of the last 12 months or 3 out of the last 5 years
· Have close family (mother, father, sibling, adult son or adult daughter) living in the parish by choice for at least the previous five years
· Be in permanent paid employment in the parish
Or a local connection to the district as a result of special circumstances (subject to approval by the Housing Services Manager)
Additional Information
Tenure: We understand that the property is for sale Share of Freehold.
Charges: Estate service charges apply
Local Authority: Wychavon District Council
Council Tax Band: We understand that the Council Tax Band for the property is Band B.
EPC Rating: B
Agents Note
(i) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending buyers should not rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
(ii) Floorplans shown are for general guidance only. Whilst every attempt has been made to ensure that the floorplan measurements are as accurate as possible, they are for illustrative purposes only.
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Property location
Property Floorplan
