Shared Ownership in Bedford, Bedfordshire 3 bedroom House

  • £330,000

    Equity share: 40% / £132,000

Great Britain, MK44 3, Bedford, Great Barford, 54 Woodpecker Close
For Sale Shared Ownership

Shared Ownership in Bedford, Bedfordshire 3 bedroom House

Great Britain, MK44 3, Bedford, Great Barford, 54 Woodpecker Close
  • £330,000

    Equity share: 40% / £132,000

Property Overview

  • House
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 3 bedroom House Shared Ownership. It is situated in Bedford, Bedfordshire and is available now.

54 Woodpecker Close, Great Barford

Stonewater Homes are marketing this shared ownership property on behalf of the vendor. This is a 3 Bedroom house that consists of an entrance hallway, lounge/kitchen diner and downstairs cloakroom. There are 3 bedrooms upstairs and family bathroom. There is a 40% share available for £132,000 with the ability to purchase additional shares of up to 100%. Service charges and rent at the property amount to £374.81. EPC rating is current ‘C’.

The property is built on a quiet and secluded estate, with a primary school and GP within a ten minute walk. Great Barford is a quiet village with the property being a three minute walk from river along with open farm land adjacent to the property. The A1 and A421 are within 0.5 miles of the property.

 

Viewings

The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Miss Louise Gould

Seller Contact Details: louise.gould@yahoo.com or 07392306897

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, 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, £28,293 and minimum deposit £7000 for this property.

If you make a successful offer to the seller after your viewing, they will let us know and we 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.

Please let us know if you need any further information and good luck with your viewing.

‘Please note, the majority of our shared ownership homes undergo a rent review in April 2024.  The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent.  We will confirm the exact changes to the rent for this property as part of the sales process.’

 

Property Address

Open on Google Maps
  • Address Great Britain, MK44 3, Bedford, Great Barford, 54 Woodpecker Close
  • City Bedford
  • County Bedfordshire
  • Postal Code MK44 3BG

Details

Updated on January 29, 2024 at 7:30 pm
  • Property ID: MS-118455
  • Rental Amount Per Month: £332/Month
  • Bedrooms: 3
  • Bathroom: 1
  • Property Type: House
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 69.82
  • Value Of The Equity Share: 40% / £132,000
  • Overall Property Value: £330,000
  • Tenure: Leasehold

Contact Stonewater Homes Resales about: Shared Ownership in Bedford, Bedfordshire 3 bedroom House

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