Get brand editions for Berriman Eaton, Tettenhall

3 bedroom terraced house for sale

Plot 150, 12, Thelwell Drive, Codsall, Wolverhampton, WV8

Offers in Region of £165,000

Property Description

Full description

A new development of quality homes being built on behalf of Severn Homes in a sought after address just off Sandy Lane, Codsall. The properties will be sold on a SHARED OWNERSHIP BASIS providing a fine opportunity for buyers to purchase a superbly appointed house close to the heart of a sought after South Staffordshire village. This price is shown is a 75% share.

Location - Thelwell Drive stands in a superb position just off Sandy Lane in a popular South Staffordshire address. Both Bilbrook and the highly regarded village of Codsall provide a full complement of local facilities and amenities with a vibrant and active community. There is a comprehensive range of shopping facilities available within easy reach and the area is well served by schooling in both sectors. Bilbrook and Codsall are well located for easy communications and are situated within easy reach of the extensive amenities afforded by Wolverhampton City Centre, local rail services run from Codsall and Bilbrook stations with mainline connections at Wolverhampton and the M54 (Junction 2) is within easy reach.

Description - Each property will have a hall with a fitted kitchen/diner off with cooker, hob and extraction fan, guest cloakroom, lounge with door to the garden and stairs to the first floor with three bedrooms and a bathroom. The property will have flooring to the kitchen area, bathroom and down stair toilet floors only.

Outside - Each property will benefit from two allocated parking spaces and a pleasant garden to the rear.

Terms - The properties will be sold on a Shared Ownership basis to qualifying buyers subject to the conditions imposed. The shares will start from 35% to 75% on the first tranche depending upon your income. The shares sold are based 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 Severn Homes and in order to qualify for a shared ownership property the buyers must meet the following criteria:

-Be approved for Shared Ownership property by Orbit Help to Buy www.orbithelptobuy.co.uk
-Their household income is less than £80,000 per year
-They do not already own a property
-They must not be able to afford to buy a property outright on the open market

The purchasers 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 advisor must be told that the property is New Build Shared Ownership and this may require a deposit of anything from 5% up to 20% of the share price, depending on the lender and their financial situation.

The property will be sold from a 35% to a 75% share depending on affordability and the remaining share will be charged as rent at 2.75%.

Service Charge - There is a service charge payable which currently amount to approximately £21.22 Per calendar month. Prospective purchasers are recommended to verify these details with their solicitor.

Services - We are informed by the Vendors that all main services will be installed.
COUNCIL TAX BAND tbc - South Staffordshire DC.
POSSESSION Vacant possession will be given on completion.
VIEWING Please contact the Tettenhall office.

Example - On a shared ownership at 50% of £195,000 the purchaser would buy at £97,500 then pay rent on the remaining £97,500 at £223.44 pcm and service charge at £21.22 pcm. Contact Berriman Eaton at the TETTENHALL OFFICE for more information.

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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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
05 September 2018

Nearest stations

  • Bilbrook (0.6 mi)
  • Codsall (0.6 mi)
  • Albrighton (3.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Berriman Eaton, Tettenhall

15 High Street, Tettenhall, Wolverhampton, WV6 8QS

01902 910047 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Berriman Eaton, Tettenhall

15 High Street, Tettenhall, Wolverhampton, WV6 8QS

01902 910047 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bilbrook (0.6 mi)
  • Codsall (0.6 mi)
  • Albrighton (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Berriman Eaton, Tettenhall

15 High Street, Tettenhall, Wolverhampton, WV6 8QS

01902 910047 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 28169024. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Berriman Eaton, Tettenhall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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