Austin Close, Badwell Ash, Bury St. Edmunds, Suffolk, IP31

SHARED OWNERSHIP PROPERTY
Large detached shared ownership 3 bedroom bungalow with garaging and parking, which is tucked away in a quiet cul de sac, within this well thought of and well served village. Offered for sale with a lease of approximately 117 years remaining with between 31.58% and 80% shares available to buy. (see important notes)

1 Austin Close
From the entrance hall there are doorways leading to all the principal rooms, including the sitting room, which benefits from glazed doors opening out onto a ceramic tiled floor conservatory with radiator, from which there are French doors which open out onto the rear garden. The kitchen/breakfast room benefits from a range of wall, base and drawer units, with stainless steel sink unit and splashback tiling, plus electric hob with oven under and extractor hood over, as well as plumbing for washing machine and dishwasher. Other features of note include ceramic tiled flooring and separate cupboard housing a wall mounted oil fired boiler. Of the three bedrooms the principal benefits from its own en suite shower room and comprises concealed low flush cistern wc, vanity wash handbasin and shower cubicle, plus heated towel rail. Whilst the family shower room benefits from tiled shower cubicle, pedestal wash handbasin and low flush wc, plus ceramic tiled floor.

Outside
To the front of the property there is a driveway providing ample parking, as well as leading to the detached garage, which benefits from up and over door to front, as well as light and power. Whilst the rear garden can be gained via a gated access on either side, immediately to the rear of which is a paved patio area and beyond which can be found the further lawned garden with mainly fence surround.

Location
Austin Close is situated on a small development in the popular village of Badwell Ash, located between the market towns of Bury St Edmunds and Stowmarket which has a main line link to London. There is a village store, a public house as well as a fish and chip takeaway. The nearby village of Walsham le Willows has a butcher's shop, builders' and garden products merchant and two village pubs. There is also a Primary School.

The historic market town of Bury St Edmunds is home to a Cathedral as well as the impressive abbey ruins and adjoining Gardens and houses the historic Theatre Royal which is a wonderful example of a regency playhouse. The town offers a large amount of recreational and shopping amenities and has the Arc Shopping Centre. The Apex, an award-winning venue, hosts many music and comedy acts throughout the year.

Important Notes
1) The minimum share available to purchase is 31.58% or £118,425 this is based on a full market value of £375,000.
2) The maximum share available to purchase is 80% or £300,000, this is based on a full market value of £375,000.
3) The price is non negotiable
4) A successful applicant will require a local connection. A local connection is classified as someone living or working in the area or who have close family living there (parents, siblings, children).
5) Eligible purchasers for the shared ownership scheme will need to complete application forms to determine relevant affordability and local connection further information can be found on the government website.
6) The monthly rent is £691.91 and the monthly service charge including insurance is £37.09.

Services
Mains water, electricity and drainage. Oil fired central heating.

Local Authority
Mid Suffolk District Council - Council Tax Band D.

Tenure
Leasehold Approx 117 years remaining.

Broadband Speed
Superfast Predicted speeds of 80Mbps (source Ofcom).

Mobile Coverage
Limited (source Ofcom).

Directions
From Stowmarket continue out towards Tothill, continuing along until reaching Haughley New Street where you will take the turning off to the right onto Stowmarket Road. Continue through the village of Wetherden and on into the village of Elmswell, where you will take the turning right into New Road, continue along this road, passing over the trainline and continue along here for approximately 3 miles, passing through the village of Great Ashfield. On reaching a T Junction take the turning right onto Hunston Road and continue along here for approximately quarter of a mile where the turning for Austin Close will be found on the right hand side.

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