2 BED House For sale

Nason Way, Shipston-On-Stour, CV36

£159,500

2 1

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01608 661666

Property details

Modern 2-bed home (built 2022) on 55% shared ownership. Bright living room, spacious kitchen, garden, 2 parking spaces. Option to buy 100%. Lease: 121 years left.

This is a fantastic opportunity to acquire a beautifully presented 2-bedroom home available for sale on a 55% shared ownership basis, with the option to staircase to 100% ownership over time.

Built by Taylor Wimpey in 2022, the property welcomes you through a small hallway into a bright sitting room featuring a large front window that lets in plenty of light. At the rear, you will find a spacious kitchen and dining room, complete with ample units, a built-in fridge freezer, an electric oven with a gas hob, and an integrated washer/dryer. Double doors lead out to the garden. Additionally, there is a large storage cupboard, as well as a sizable WC.

Upstairs, there are two double bedrooms, with one bedroom featuring a fitted double wardrobe and further storage cupboard. The bathroom includes a shower over the bath. There is a further storage cupboard off the landing.

Outside, the beautifully landscaped garden is accessible from the kitchen/dining room and features 2 patio areas ideal for outdoor dining, a lawn with pretty borders and a shed. To the side of the house, there are three parking spaces along with a paved path leading to the railed front garden and entrance door.

The rent payable to Orbit Homes for the 45% share is currently £376.32 per month, which covers service charges and building insurance. The lease began on 15th August 2022 and has 121 years remaining.

NB. The purchaser will be required to complete an Orbit application form, and Orbit will also require satisfactory evidence from their Independent Financial Advisor that they have seen and approved their proof of ID, payslips, savings and Mortgage Certificate. As part of Orbit’s approval process, they will have to be satisfied that the purchaser complies to the Homes England affordability assessment. Based on the share price, we estimate a minimum household income of £40,650.00 is required to purchase the share and meet the rent obligations of this particular home. Ask the agent for more details and the buying criteria.


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