2 bed semi-detached house for sale

Melvin Way, Woolpit IP30

** Offered For Sale Under The Discount Open Market Value Scheme **

Located in the popular village of Woolpit, is this modern two bedroom semi detached home

The property features a spacious lounge/diner with French doors opening onto the rear garden, a modern fitted kitchen is situated to the front, plus a ground floor cloakroom off the hall. Upstairs are two double bedrooms and a stylish bathroom.

Outside there is a driveway to the side for two cars, with a gate to the enclosed rear garden.

Ideal for first-time buyers, this well presented home offers modern accommodation in a popular location.

To qualify, the purchaser must:

Have a qualifying connection to Mid Suffolk

Meet at least one of the following:

Currently have their only or principal home in the District of Mid Suffolk; or Have a parent, adult child, brother or sister whose only or principal home has been in Mid Suffolk for at least 2 years; or Be employed in Mid Suffolk at the date of purchase and have been continuously employed there for at least 2 years; or Have previously been resident in Mid Suffolk for either: 6 of the previous 12 months, or 3 of the previous 5 years.

Meet all of the following additional requirements.

Household income does not exceed £80,000 per year (or the adjusted equivalent specified in the deed).
Has no legal or beneficial interest in any other property, including through a trust.

Can provide evidence from an Independent Financial Adviser showing they cannot afford a suitable market-priced property in the Mid Suffolk area. Affordability is assessed using:

Gross income × 4 for a single applicant, or Gross income × 3.5 for joint applicants, Plus any deposit, and the result must be less than the open market value of the discounted property (or a suitable alternative property in the area).

Does not have a deposit exceeding 65% of the discounted purchase price (unless otherwise agreed in writing by the District Council).