Estover Close, Binley Woods

*40% SHARED OWNERSHIP* Situated in the heart of popular Binley Woods & constructed by Lioncourt Homes circa 2024 this beautifully presented Semi-Detached Home with PARKING FOR THREE CARS briefly comprises : Hallway opening into Kitchen & Lounge/Diner, Guest WC, TWO DOUBLE BEDROOMS, Bathroom, Front Garden, Parking for 3 cars at the side and a fully enclosed rear garden. Prospective Purchasers will need to be approved by the Housing Association prior to having any offer accepted.

Hallway - Composite front door with double glazed panel. Wood effect flooring. Door to WC. Opens through to Kitchen and Lounge/Diner. Stairs to first floor. Radiator.

Guest Wc - Double glazed window to the front aspect. Radiator. Low flush WC. Pedestal wash hand basin. Inset spotlights. Extractor.

Kitchen - Double glazed window to the front aspect. Range of base and eye level units with work surface over. One and half bowl stainless steel sink/drainer with mixer tap. Integrated oven with gas hob and extractor. Space for a fridge/freezer. Space and plumbing for washing machine. Cupboard housing combination boiler. Inset spotlights.

Lounge/Diner - Continuation of wood effect flooring. Two radiators. Under-stairs cupboard. Double glazed French Doors to the garden.

Landing - Doors off to both double bedrooms. Loft access hatch. Door to Bathroom.

Bedroom One - Double glazed window to the rear aspect. Radiator.

Bedroom Two - Two double glazed windows to the front aspect. Radiator. Over-stairs cupboard.

Bathroom - Double glazed window to the side aspect. Heated towel rail. Extractor. Shaver point. Panelled bath with shower over. Low flush WC. Pesestal wash hand basin. Inset spotlights.

Front Garden - Central pathway leading to canopy porch. Two small lawned sections with shrub border.

Parking - Located to the left of the property via block paving. Gate into rear garden. Parking spaces for 3 vehicles plus turning space.

Rear Garden - Enclosed by a mixture of timber fencing and brick wall. Side gate leading to parking area. Initial patio. Primarily laid to lawn.

Shared Ownership & Housing Assocation Information - This property is sold on the basis of 40% Shared Ownership with Citizen Housing Association.
Prospective buyers will need to be approved by Citizen Housing Association prior to any offer being accepted and before the property can be removed from the open market.
This application process will include completion of the relavent forms plus affordability checks. There is also a stipulation to undergo eligibility and affordability checks via Citizens recommended Financial Advisor.
Please note that any offers above or below the 40% price cannot be accepted.

The Lease Term is 125 years (from 2024)
The current 40% rent is £480 per month.
The current service charge is £20 per month

Please be advised this property has a protected area lease which means you can staircase to 100% but if you staircase more than 80% and wish to sell the property, there is a buy back clause where the property must be sold to Citizen Housing at RICS value only.

Money Laundering Regulations - Should a purchaser(s) have an offer accepted on a property marketed by Ellis Brooke Estate Agents, they will need to undertake an identification check and be asked to provide information on the source and proof of funds. This is done to meet our obligations under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your information. The cost of these checks is £25 (inc VAT) which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.