***FANTASTIC SPACIOUS GROUND FLOOR PROPERTY WITH PRIVATE GARDEN***SHARED OWNERSHIP*** Situated in the much sought after village of Wedmore and built by reputable local developers, Strongvox, this spacious ground floor two bedroom apartment is the final plot available on a shared ownership basis. The well proportioned property offers a private entrance, open plan lounge and modern fitted kitchen with appliances, two bedrooms and a bathroom. The property further benefits from its own private area of garden and allocated parking.
The village of Wedmore is well known for its wonderful architecture, bustling pubs, niche clothing, jewellery and food shops, and is also located within the Cheddar Valley School catchment area. This exclusive development of properties is under construction by Strongvox Homes in association with South Western Housing Society.
All Sizes Are Approximate The Accommodation Comprises: -
Canopy entrance porch with front door giving access to:
Entrance Hall -
Doors to all rooms.
Open Plan Lounge/Dining and Kitchen Area -
With double glazed windows with TV and telephone points. The kitchen area is fitted with a matching range of 'Howdens' wall and base level units. Inset single drainer stainless steel sink unit with adjacent laminate work surfaces. Built in 'Zanussi' ceramic hob and 'Zanussi' electric oven and 'Zanussi' recirculating cooker hood over. Space and plumbing for automatic washing machine (picture of washing machine is for illustrative purposes only). Space for upright fridge/freezer.
Bedroom One -
With rear aspect windows.
Bedroom Two -
With front aspect window.
Family Bathroom -
Housing matching white ideal standard three piece suite comprising: panel enclosed bath with fitted chrome mixer tap and fitted 'Mira' electric shower unit over with shower curtain and rail. Pedestal wash hand basin. Low level WC. Part tiled walls and vinyl floor covering.
Open plan front garden with private turfed rear garden, enclosed by timber close boarded fence panels and driveway to side.
Agents Note: -
Management charges estimated to be in the region of £315.00 per annum.
Apportioned rent: £268.75 approx PCM.
Our appraisal for this site was based on 2.5% of unsold equity per property per annum.
Shared ownership eligibility:
There are some general eligibility requirements that anyone wishing to buy a shared ownership home must meet. The general eligibility criteria for shared ownership is as follows:-
1) You must be at least 18 years old
2) Your annual household income must be less
than £80,000 per annum
3) You should be registered with Help to Buy
4) You should be registered with Homefinder
5) You should generally be a first time buyer i.e.
you do not already own a home. If you do
already own a home, you must be in the
process of selling that property.
6) You should not be able to afford to buy a
home suitable for your housing needs on the
7) You must show that you are not in mortgage
or rent arrears.
8) You must be able to demonstrate that you
have a good credit history (No bad debts or
country court judgements) and can afford
the regular payments and costs involved in
buying a home.
You should have savings or be able to easily access at least £4000.00 to cover the cost of buying a home. This is a guide line figure - the actual amount you need will depend on the help to buy option you choose.
In most cases you will also need to have enough savings to be able to easily access a minimum 5% of the equity share you are buying as a deposit.