Shared Ownership in Ludlow, Shropshire 2 bedroom Flat

  • £107,500

    Equity share: 25% / £26,875

6 Townsend Close, Ludlow
For Sale Shared Ownership

Shared Ownership in Ludlow, Shropshire 2 bedroom Flat

6 Townsend Close, Ludlow
  • £107,500

    Equity share: 25% / £26,875

Property Overview

  • Flat
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

**PLEASE NOTE, AS PER THE TERMS OF THE SHARED OWNERSHIP LEASE, A RENT REVIEW WILL TAKE PLACE IN APRIL 2023.  THIS MEANS THE CURRENT ADVERTISED RENT AND SERVICE CHARGE IS SUBJECT TO CHANGE**

 

Flat 6, Townsend Close, Ludlow

 

·A Spacious Loft

·Storage Cupboard outside Front Door

·Off-Road Parking – Designated

·Close to Town Centre (5 Minute Walk)

·Quiet and Friendly Neighbourhood

·Range of Ages Living in Flat

·Electronic Gate to the Estate

·Electronic Code to Access Main Door

 

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: Emily and Tom Moseley

Seller Contact Details: 07814961960 or emmydee3838@aol.com

As a shared ownership home, you will need to be eligible for Shared Ownership and be registered with Help to Buy. For further information on registering with Help to Buy, please visit https://www.helptobuy.gov.uk/shared-ownership/ and follow the link to your local agent. Please take note of the minimum income, £20,585 and minimum deposit £3844 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 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 6 Townsend Close, Ludlow
  • City Ludlow
  • County Shropshire
  • Postal Code SY8 1UN

Details

Updated on January 29, 2024 at 8:42 pm
  • Property ID: MS-32401
  • Rental Amount Per Month: £290/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 126.60
  • Value Of The Equity Share: 25% / £26,875
  • Overall Property Value: £107,500
  • Tenure: Leasehold

Contact Stonewater Homes Resales about: Shared Ownership in Ludlow, Shropshire 2 bedroom Flat

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