Semi-detached house for sale in Bluebell Road, Walton Cardiff, Tewkesbury GL20
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Property features
- 4 bed semi detached house
- 40% shared ownership
- Ensuite to master bedroom
- WC
- Driveway Parking
- Front & rear gardens
Property description
4 bed semi detached 40% shared ownership home is located on the ever popular residential area of Walton Cardiff, Tewkesbury.
The accommodation comprises of entrance hall, WC, kitchen, lounge/diner with window and door through to rear garden. On the first floor there are three bedrooms, bathroom with shower over bath and storage cupboard. On the second floor there is one bedroom with ensuite and built in wardrobes.
This property also benefits from gas central heating, double glazing, enclosed rear and front garden and driveway parking.
Shared Ownership Costs
Local connection to tewkesbury
Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.
Open Market Value: £360,000
40% Shared Ownership: £144,000
Rent: £432.55pcm
Buildings Insurance: £5.21pcm
These costs will increase each year with inflation in April
Ground Floor
Kitchen (2.6 x 3.0 (8'6" x 9'10"))
Doors leading to kitchen, WC and lounge. Stairs to first floor.
Lounge/Diner (4.7 x 4.4 (15'5" x 14'5"))
Storage cupboard. Window & door to rear garden
Wc (1.7 x 0.9 (5'6" x 2'11"))
White wash hand basin and low level WC
First Floor
Bedroom 2 (4.0 x 2.6 (13'1" x 8'6"))
Window to rear elevation
Bedroom 3 (4.5 x 2.2 (14'9" x 7'2"))
Window to front elevation
Bedroom 4 (2.4 x 2.2 (7'10" x 7'2"))
Window to front elevation
Bathroom (2.9 x 2.0 (9'6" x 6'6"))
White bathroom suite with shower over bath, low level WC and wash hand basin. Window to rear elevation
Second Floor
Sliding door to bedroom one
Bedroom 1 (4.6 x 3.3 (15'1" x 10'9"))
Velux windows to front and rear elevations. Door through to ensuite
Ensuite (2.3 x 1.4 (7'6" x 4'7"))
White wash hand basin and low level WC. Walk-in shower cubicle.
External
Enclosed front and rear gardens. Rear garden with side access. Driveway parking.
How Does Shared Ownership Work?
If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.
The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.
For legal reasons, while you are only buying a part-share of the property, you will have a leasehold interest of 990 years where the scheme allows. However, you may buy further shares. This is called ‘staircasing’, and may
eventually progress to outright ownership.
Two Rivers Housing
TwoCan Estate Agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of TwoCan and the Centigen brand.
Disclaimer
All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. Water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Property info
For more information about this property, please contact
TwoCan, GL18 on +44 1531 577977 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by TwoCan, and do not constitute property particulars. Please contact TwoCan for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.