2 bedroom terraced house for sale
Stable Close, Alderton, Tewkesbury Shared Ownership

- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- 2 bed shared ownership home
- Electric Car charging point
- PV pannels
- EPC A
- 2 car parking spaces
- Private rear garden
- Local connection required
Description
The house features a well-designed layout, comprising one inviting reception room that serves as a perfect space for relaxation or entertaining guests. With two comfortable bedrooms, this home is ideal for small families, couples, or individuals looking for extra space. The property also includes a contemporary bathroom, designed with modern fixtures to meet your everyday needs.
One of the standout features of this property is the ample parking available for two vehicles, ensuring convenience for you and your guests. The new build status means you can enjoy the benefits of modern construction, including energy efficiency and low maintenance.
Situated in a quiet cul-de-sac, this home offers a sense of community while being just a short distance from local amenities and the picturesque surroundings of Tewkesbury. Whether you are a first-time buyer or looking to downsize, this shared ownership opportunity presents an excellent chance to secure a lovely home in a sought-after area.
Do not miss the chance to make this delightful property your own. Embrace the comfort and convenience of modern living in Stable Close, Alderton.
How Does Shared Ownership Work? - If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.
The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.
For legal reasons, while you are only buying a part-share of the property, you will have a leasehold interest. However, you may buy further shares. This is called ‘staircasing’, and may
eventually progress to outright ownership.
Eligibility Criteria - To be eligible for Shared Ownership you need to:
- be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can’t afford to buy now
- be over 18 years old
- have an annual household income of less than £80,000 (£90,000 in London).
If you wish to buy one of these properties we need to assess your eligibility for shared ownership. For this we need to see:
•Proof of ID
•Proof of address
•Mortgage in principle
•Proof of deposit
•Full details for each buyer
You will also be required to complete an application form and an affordability calculation.
Shared Ownership Information New Ahp - Shared ownership is a part buy part rent property from a registered landlord
You purchase a share with the help of a mortgage based on your affordability.
Example of costs based on a Share of: 25%
Open Market Value: £300,000
25% Shared Ownership - £75,000
Rent per month: £515.63
Service Charges per month: £47.21
Buildings insurance per month: £17.22
The more you buy the lower your rent will be. Rent is calculated at 2.75% of the unowned share. These costs will increase each year with inflation.
Ground Floor -
Living Room - 4.125 x 4.134 (13'6" x 13'6") - front door into living room area. staircase to upstairs. leading through to kitchen/dining area
Downstairs Wc - 1.8 x 1.024 (5'10" x 3'4") - White wash hand basin and low level WC.
Kitchen/Dining Area - 4.124 x 3.1 (13'6" x 10'2" ) - large kitchen/dining area. Door to rear garden
fitted oven hob and hood
access to under stairs store cupboard and WC
First Floor - Hallway leading to rooms with storage cupboard under the stairs
Bedroom 1 - 4.125 max x 3.257 (13'6" max x 10'8" ) - Double bedroom with two windows to the front elevation. Access to store cupboard.
Family Bathroom - 1.9 x 2.15 (6'2" x 7'0" ) - White bathroom suite with shower over bath, Low level WC and wash hand basin.
Bedroom 2 - 4.125 x 2.852 (13'6" x 9'4") - Double bedroom with window to rear elevation.
Two Rivers Housing - TwoCan estate agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of Twocan
Artists Impressions - All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale.
Buy Back Lease - In some rural areas properties must be always available for shared ownership. This means if you buy over 80% of the share of the property, the freeholder (or other Housing association) must buy your property back (at market value) if you wish to sell on.
Brochures
Stable Close, Alderton, Tewkesbury Shared OwnershiBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Communal
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Stable Close, Alderton, Tewkesbury Shared Ownership
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Visit our security centre to find out moreDisclaimer - Property reference 34411904. 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 Twocan Estate Agents, Newent. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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