Property description
A brand new and very rare 3-bedroom shared ownership property in an acutely sought after village location - £79,000 for a 40% share plus £312.66 per calendar month inclusive of both a monthly rent and service charge which also covers buildings insurance. Reception hall, cloakroom/wc, fitted kitchen, rear lounge/dining room, 3 bedrooms, bathroom, ample off road parking, enclosed rear garden enjoying a high degree of privacy and shelter. Ready for immediate occupation. View quickly. Energy Rating: B
DESCRIPTION
34 Glendower Way is a brand new property built by Bloor Homes as part of the excellent Witley Gate Development and acquired by Stonewater giving important access to high quality affordable homes in this acutely sought after semi-rural location. A great position is enjoyed close to the centre of Great Witley ; a lovely small village between Stourport and Tenbury Wells within the catchment area for the well regarded Chantry High School at Martley.This excellent newly built 3-bedroom semi-detached house is offered for sale at £79,000 on a 40% shared ownership basis with the remaining 60% resting within the ownership of Stonewater; a Provider and Developer of affordable housing who manage and own more than 30,000 homes across England and plus also have one of the UK's largest development programmes to help meet the rising demand for housing. Stonewater was formed in January 2015 from the merger of Jephson and Raglan Housing Associations and now represents one of the UK's most significant social housing providers, both in terms of owned properties, and geographic spread.In addition to the 40% purchase element, a current monthly charge of £312.66 (being a rent per month plus also including monthly apportioned service charge payments and buildings insurance) is payable to Stonewater in order to reflect their continued 60% interest in the property. The current monthly breakdown is a rent of £271.56 then plus a service charge of £41.10. The rent and other charges are reviewed annually and the quoted figure of £312.66 is correct for April, 2015 up until April, 2016. In order to qualify for the opportunity to purchase this property there are certain, minimum, eligibility requirements and criteria to be taken in to account by Stonewater. In order to qualify for the scheme, under the option to purchase a 40% share, applicants must register with the Local \"Help To Buy Agent\", namely \"Worcester Home Choice Plus\" and meet the rules of the scheme. In addition you must also register for housing with your own Local Authority. The web address needed to begin this process is - www.homechoiceplus.org.uk. In so far as to eligibility requirements, applications are assessed on a case-by-case basis, taking in to account financial sustainability and then housing need. Generally speaking an applicant must demonstrate that they are moving from rented accommodation/social housing or are a first time buyer prior to being accepted on to the scheme.Housing Associations will only accept a current home owner in exceptional circumstances, e.g. matrimonial breakdown - however, we would suggest that any prospective purchaser should contact Stonewater direct to discuss any such circumstances in the first instance either by telephone on 01568 619640/02380 658858 or alternatively the by visiting their website:- www.stonewaterhomes.co.uk The general base criteria from Stonewater is as follows but crucially a prospective purchaser must also satisfy the 'local connection criteria' as well :- Base Criteria:* Maximum annual household income of £60,000 (sixty thousand pounds) * Unable to purchase a home suitable for your needsLocal Connection CriteriaThis means a connection ideally with the Local Parish itself but, otherwise, from within the Malvern Hills district which meets one of the following criteria (ranked in priority order):-1. Residence - the applicants principal residence was settled accommodation within the Parish at the date when the affordable Housing Vacancy was advertised on Home Choice Plus and for at least six months prior to that date.2. Work - the applicant was working (other than in casual or temporary work) in the Parish or Malvern Hills district at the date when the affordable housing vacancy was advertised on Home Choice Plus and for at least six months prior to that date.3. Previous residence - the applicants principal residence for at least three of the previous five years was settled accommodation within the Parish or Malvern Hills district.5. Giving or receiving care - the applicant has a demonstrable and clearly identified long term need to live in the Parish to care for, or to receive care, from close relatives, namely a grand-parent, parent or sibling or child who lives in the Parish. This ideal family home is only truly only fully appreciated by personal inspection and similar affordable newly built properties in this type of setting would be very difficult to find locally and so as such here is most rare and special opportunity :-
Access is gained via sealed unit double glazed composite entrance door to: -
RECEPTION HALL - 15' 3'' x 10' 3'' max including stairs and wc recess reducing to 6'9\" min (4.65m x 3.12m max including stairs and wc recess reducing to 2.05m min)
with two ceiling light points, central heating radiator, built-in under-stairs cupboard, separate built-in boiler cupboard housing 'Daikin' air source central heating boiler.
CLOAKROOM/WC - 6' 6'' x 5' 0'' (1.99m x 1.52m)
with ceiling light point, central heating radiator, low level flush wc, pedestal hand wash basin.
FITTED KITCHEN - 10' 2'' x 10' 0'' (3.09m x 3.05m)
with ceiling light point, central heating radiator, range of both wall and base mounted kitchen units with complementary roll top surface over, having inset stainless steel sink and inset 'Hotpoint' electric hob with stainless steel canopy cooker hood over, built-in 'Hotpoint' electric oven, plumbing and space for an automatic washing machine.
REAR LOUNGE / DINING ROOM - 17' 1'' x 12' 7'' (5.21m x 3.84m)
with ceiling light point, two central heating radiators, UPVC double glazed windows to rear and side elevations plus, also, a sealed unit double glazed door to rear elevation opening to the gardens.
From the reception Hall a staircase rises to: -
FIRST FLOOR LANDING
with ceiling light point, central heating radiator, access to loft space and doors to:
BEDROOM ONE - 13' 5'' x 9' 9'' (4.10m x 2.98m)
with ceiling light point, central heating radiator and UPVC double glazed window to rear elevation.
BEDROOM TWO - 14' 10'' x 8' 7'' (4.51m x 2.62m)
with ceiling light point, central heating radiator, UPVC double glazed window to front elevation.
BEDROOM THREE - 8' 3'' x 6' 6'' min excluding door recess (2.52m x 1.99m min excluding door recess)
with ceiling light point, central heating radiator, UPVC double glazed window to front elevation, built-in over-stairs cupboard with slatted shelving.
BATHROOM - 9' 1'' x 7' 0'' over bath (2.76m x 2.14m over bath)
with ceiling light point, central heating radiator, electric shaver socket, UPVC double glazed obscured window to rear elevation, low level flush wc, pedestal hand wash basin and bath with shower/mixer tap over, built-in airing cupboard.
OUTSIDE
The property stands back from the kerbside behind a neat pathway and complementary fore-garden flanked by a deep tarmacadammed driveway providing off road parking for at least three average sized cars in tandem.
WEST FACING REAR GARDEN
with patio area, lawn and garden shed.
Property Info: