3 bed semi-detached house for sale

Myrtle Lane, Red Lodge IP28

Shared ownership from 60%! This property offers no onward chain and enjoys a sought after location, with excellent transport links.

Description

Shared Ownership! Shares available from 60% (£165,000).

This contemporary, three bedroom semi-detached home is located within a sought-after and modern residential development in the growing village of Red Lodge and offers excellent transport links to Newmarket, Cambridge and London as well as Thetford and Norwich in the other direction. The property is well presented throughout and includes an enclosed rear garden as well as driveway off street parking.

Upon entering the property you will find a welcoming central hallway, with stairs leading to the first floor landing, and a cloakroom W.C with wash hand basin.

The property boasts a modern kitchen/ dining room with an attractive bay window to the front and offers a range of wall and base level units, stainless steel sink and draining board, integrated appliances to include a fridge freezer, cooker and gas hob with an extractor hood fitted over, plus space for further appliances.

The downstairs accommodation is concluded by a generous sized lounge with a fitted media wall frame and French doors overlooking the rear garden.

Upstairs, the property offers three well-proportioned bedrooms and features an impressive primary bedroom with built in wardrobes and a modern en-suite shower room. The shower room comprises W.C, wash hand basin, chrome towel radiator and shower cubicle, whilst a separate, and spacious, family bathroom comprises W.C, wash hand basin, chrome towel radiator and a bath with shower attachment over.

This property is served by a gas fired central heating system, the wall mounted boiler is located in a useful cupboard above the stairs.

Outside, the property enjoys driveway off street parking in the form of a block paved driveway beside the house. The enclosed, rear garden concludes this fantastic home and comprises a useful storage shed, patio for seating and entertaining, and an artificial lawn which has been laid for ease of maintenance.

Measurements

Cloakroom W.C - 5'10" x 2'10"

Kitchen/ Dining Room - 13'11" max x 8'00" max

Lounge - 15'1" x 14'11"

Bedroom - 15'3" max x 8'1" max

En Suite - 7'00" max x 4'5" max

Bedroom - 11'9" max x 8'1" max

Bedroom - 11'8" x 6'7"

Family Bathroom - 6'7" x 6'4"

Shared Ownership

Leasehold

Shares available from 60%: £165,000
Full market value: £275,000
Years remaining on Lease: 119 Years of 125 Years

Rent on remaining share (at 60% ownership): £332.38 per month
Third Party management fees: £8.62 per month
Buildings insurance: £36.52 per month
Admin fee: £5.91 per month

The above charges are reviewed annually, details can be found in the lease agreement.

No staircasing restrictions apply.

Any prospective buyer must complete an affordability assessment with Censeo Financial before they can be approved to purchase, in line with Homes England requirements. This assessment is for affordability purposes only, and buyers are not required to use Censeo Financial for their mortgage.

Anti-Money Laundering & Identification

We are supervised by hmrc and, as such, have an obligation under anti-money laundering regulations to conduct anti-money laundering checks on all potential buyers and sellers. Our compliance partner, Coadjute, will securely manage these checks on our behalf.

Once an offer is accepted (subject to contract) Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £27+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.

These anti-money laundering checks must be completed before we can send a Memorandum of Sale to solicitors to confirm the sale. Please contact the office if you have any questions in relation to this.

Agents Note

This property is sold as seen. Flagship Homes are not responsible for repairs or maintenance. Buyers must complete their own inspections prior to exchange.

Council Tax Band - West Suffolk, C.

Molyneux Estate Agents has not tested any fixtures and fittings, services or appliances in this property and cannot guarantee that they are in working order.

Whilst we intend to make our particulars as accurate as possible, measurements and statements are provided as a general guidance, they are not factual and should not be relied upon. Before ordering any carpets or built in furniture please contact the agent to verify any specific measurements.

Floor plans are not to scale. They are provided for indication purposes and their accuracy should not be relied upon.

Items shown in photographs are not included unless they are detailed within the sales particulars. They may be available by separate negotiation. Please contact the agent with regards to this.

The Buyer is advised to obtain verification of the tenure from their Solicitor. The agent has not reviewed the title documents for this property.