Flat for sale in Reaseheath Way, Henhull, Nantwich CW5

Shared ownership (Advertised price represents 50% share. Full market value £165,000). This first-floor flat has a spacious, 'L-shaped' reception room with Juliette balcony and open-plan kitchen featuring integrated appliances. There is a large main bedroom with en-suite shower room plus a second comfortable double bedroom, a simple, modern bathroom and a fitted storage/utility cupboard in the entrance hallway. The energy-efficiency rating is very good, thanks to well insulated walls, high performance glazing and gas central heating. The block has a communal cycle store, a parking area which includes a space for this flat, Nantwich's attractive town centre is only a short walk away and the railway station is within easy reach. The three nearest schools (two primaries and a secondary) are all Ofsted-rated 'Good'.

Interested parties are required to complete the shared ownership common application form

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(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Heylo. Heylo Housing requires that all applicants must have Permanent rights to reside in the UK.
Tenure: Leasehold (125 years from 2020).
Minimum Share: 50% (£82,500).
Shared Ownership Rent: £212.38 per month (subject to annual review).
Combined Service Charge and Management Fee: £177.32 per month (subject to annual review).
Guideline Minimum Income: Dual £24,500 Single £28,400 (based on minimum share and 10% deposit).
Council Tax: Band B, Cheshire East Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

What is shared ownership ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.

Is shared ownership for you ?

The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.

First Floor

Entrance Hall

Reception
19' 4" max. X 17' 6" max. (5.89m x 5.33m)

Kitchen
included in reception measurement

Bedroom 1
17' 7" max. X 9' 7" max. (5.36m x 2.92m)

En-Suite Shower Room

Bedroom 2
11' 0" x 9' 4" (3.35m x 2.84m)

Bathroom