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2 bedroom end of terrace house for sale

19 Dodds Field, Off Hall End Lane, Pattingham, Wolverhampton, South Staffordshire, WV6

Sold STC £162,500

Property Description

Full description

****LAST ONE REMAINING!****
A selection of five properties that are being sold on behalf of the South Staffordshire Housing Association on a shared ownership basis providing a fine opportunity for qualifying buyers to purchase a superbly appointed house close to the heart of a sought after South Staffordshire village

Location - Dodds Field stands at the end of Hall End Lane in a fine, semi-rural location on the fringes of the centre of a particularly sought after South Staffordshire village.

Pattingham provides a full complement of local facilities and amenities with a vibrant and active community. The shopping parade benefits from a convenience store with post office facilities, hairdressers, florists and gentleman's outfitters, there are public houses with eating facilities in the village, a highly regarded doctors surgery and a highly regarded primary school.

The village is well located for easy communications and is situated within easy reach of the extensive amenities afforded by Wolverhampton City Centre, the historic market town of Bridgnorth and the nearby villages of Albrighton, Codsall and Tettenhall.

Description - The properties available at Dodds Field form part of a larger new build development and comprise a parcel of one semi-detached house providing three bedroom accommodation, three semi-detached houses and one end-of-terrace house, each providing two bedroom accommodation.

The properties benefit from a superb level of appointment throughout with double glazed windows, gas fired central heating, well appointed kitchens with four-ring gas hobs, stainless steel ovens and extraction fans and superb bathrooms together with a fully turfed rear garden with paved patio and a garden shed, turfed front lawns and tarmac laid driveways. There are also compost bins, water butts and rotary dryers to the rear gardens.

Terms - The properties will be sold on a Shared Ownership basis to qualifying buyers subject to the conditions imposed on a Rural Exception site. The shares will start from 25% (with a maximum tranche for the initial sale of 75%). All shares sold are based on the condition of Proof of Residence or connection in South Staffordshire and on qualifying criteria with relation to income and individual circumstances, with the aim of maximising the share but ensuring that the property is sustainable in the long term.

All applicants will be assessed by SSHA and in order to qualify for a shared ownership property the buyers must meet the following criteria:

1.This property has a local connection criteria, which will require buyers to prove residence or connection to South Staffordshire
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2.Buyers must be approved for Shared Ownership property by Orbit Help to Buy: www.orbithelptobuy.co.uk
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3.Orbit will approve them as long as:
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-Their household income is less than £60,000 per year, they do not already own a property, they have not been made Bankrupt, and they cannot afford to buy a property outright on the open market
-The property is not being purchased as an investment
-They do not already own a property
-They must not be able to afford to buy on the open market
-Their household income must not exceed £60,000
-They have a good credit history (ie. Have never been declared bankrupt)
-They must be approved by SSHA (as a part owner) who have the right to refuse if this criteria is not met
-The allocation for a Shared Ownership property is:- One Bedroom more than the person's needs. I.e. (a Three Bedroom property needs to be sold to a couple with one or more children, or a single person with one or more children)
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4.The buyers will need to speak to a financial advisor if they haven't already done so, to confirm affordability and deposit required by the lender if they need a mortgage and the advisors must be told that the property is Shared Ownership with a Rural Restrictive Lease and a Local Connection Criteria.
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5.The property will be sold from a 25% - 75% Share depending on affordability the remaining share that SSHA hold will be charged as rent at 2.5%.

SERVICES We are informed by the Vendors that all main services are installed.

COUNCIL TAX BAND C - South Staffordshire DC.

POSSESSION Vacant possession will be given on completion.

NB

IMPORTANT NOTICE: Every care has been taken with the preparation of these Particulars but they are for general guidance only and complete accuracy cannot be guaranteed. Areas, measurements and distances are approximate and the text, photographs and plans are for guidance only. If there is any point which is of particular importance please contact us to discuss the matter and seek professional verification prior to exchange of contracts.

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Listing History

Added on Rightmove:
15 October 2015

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