Property description
If you are a first time buyer struggling to get on the property ladder, or was a home owner but sold and cannot get back on, have you considered Help to Buy´s shared ownership scheme? If you earn less than £60,000 per year, this two bed semi detached property on Hammersmith Way could be for you. With just a £4,000 deposit, you could get moving*.
The property comprises two double bedrooms, modern fitted kitchen with space for washer dryer and fridge freezer, and lounge/diner with uPVC french doors to an enclosed rear garden with lawn, patio and shed. There is also a downstairs WC, and upstairs a family bathroom. The property boasts gas central heating, uPVC double glazing one off road allocated parking space.
The current owners have made it cosy home, but are looking to move as they are expanding their family and looking to up-size. Please note, £75,000 is a fixed price and will provide you with 50% share of ownership of the property through Orbit Housing. You will need a minimum income of between £23,056 and £25,586 to ensure you can afford the mortgage, rent and service charge. Any personal loans or other regular payments may be taken into account for affordability purposes.
You will be able to staircase up every year (if required) in 25% chunks until you own the property outright. As the property is being sold under the shared ownership scheme, it cannot be sublet and must be your primary residence. To view this must-see property, please contact Leaders in Ipswich today.
*Subject to eligibility via Orbit Housing
Tiled floor, radiator
uPVC French doors to rear garden, carpet, radiators x 2, understairs storage cupboard, thermostat
Vinyl flooring, space for fridge freezer, space for washer dryer, tiled splash backs, roll edge worktops, range of base and wall mounted units, gas hob, Zanussi electric oven and extractor fan, uPVC window to front aspect, boiler
Frosted uPVC window to front aspect, radiator, pedestal wash basin, low level WC, tiled flooring
Carpet, radiator, uPVC window to rear aspect
Carpet, uPVC to front aspect, radiator
Low level WC, panelled bath and overhead shower, tiled splash backs, pedestal wash basin, vinyl flooring, extractor fan
Enclosed rear garden, patio, lawn, shed and off road parking space to side aspect
IP1 4DN
These particulars do not form part of a contract to purchase. Their contents should be confirmed by the vendors solicitor prior to any exchange of contracts. We have not been able to test the appliances and recommend that prospective purchasers arrange for the checks to be carried out before entering into any commitment.
A monthly service charge of £36.87 will apply which covers maintenance of the communal gardens, a communal underground pumping system and buildings insurance. You will be required to pay rent on the remaining 50% of the property to Orbit Housing, this is roughly £161.29 per month. You will also the cost of your own mortgage. To speak to Leaders´ mortgage advisor, please contact the team today.
Property Features :
- TWO double bedrooms
- Semi detached house
- ALLOCATED parking space
- uPVC double glazing and GCH
- 50% shared ownership scheme
- Small deposit required
- Maximum and minimum income eligibility applies
- FIXED PRICE £75,000
Property Info: