Shared Ownership in Cheddar, Somerset

2 bedroom Semi-Detached House

£ 213,000

Equity share:40% / £ 85,200

Shared Ownership available in Cheddar, Somerset – 2 bed shared ownership house available for £85,200 for 40% share

Key features of this Shared Ownership property

Stonewater Homes are marketing this lovely shared ownership property on behalf of the vendor. This is a 2 Bedroom, Semi-Detached that consists of an entrance hallway, downstairs cloakroom, kitchen, living room, 2 bedrooms and family bathroom. There is a 40% share available for £85,200.00 with the ability to purchase additional shares of up to 100%. Service charges and rent at the property amount to £301.37. EPC rating is current ‘B’ with Gas central heating.

Externally you will find a enclosed rear garden with a mix of patio and stones, and allocated parking for 2 cars.

The property is located with a play park at the end of the road and in walking distance of village amenities. Also within close proximity of the property you will find a reservoir, Strawberry line, and Cheddar Gorge.

Eligibility

Shared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.
  • You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
  • You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
  • The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
  • In addition you be required to pay a reduced rent as well as a mortgage.
Are you interested in this shared ownership property? Please fill in the form and we will get back in touch. Thank you.

Property listed on MovingSoon.co.uk by Stonewater Homes Resales.

Please make sure you include a contact number and email address as well as quoting Property ID (#91701) when submitting your enquiry.

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Longmead, Cheddar BS27 3FQ, BS27 3FQ

Overall Property Price
£ 213,000
Shared Ownership Amount From
40% / £ 85,200
Rental Price
£ 292.88 per month / 67.64 per week
Estimated Monthly Service Charge
£ 28
ID
91701
Type
Semi-Detached House
Contract
Shared Ownership
Tenure
Leasehold
Location
Somerset / Cheddar
Bathrooms
1
Bedrooms
2
Energy Rating
Unknown
Date Listed
Estimated Available From Date
Now
Property Views
1217

Stonewater Homes Resales

Suite C Lancaster House Grange Business Park, Enderby Road, Whetstone, Leicester, LE8 6EP
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Shared Ownership in Cheddar, Somerset

2 bedroom Semi-Detached House

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