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Dayleston Park, Alderton Shared ownership

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Brand New
  • 25% Shared Ownership
  • 2 Bed House with 2 allocated parking spaces
  • Private garden
  • Flooring fitted throughout
  • EPC A
  • Air Source Heating

Description

Welcome to this charming mid-terrace house located in the delightful Dayleston Park, Alderton. The house features a well-designed layout, comprising one inviting reception room that serves as the perfect space for relaxation or entertaining guests. With two comfortable bedrooms, this home is ideal for small families, couples, or individuals seeking extra space. The property also includes a contemporary bathroom, ensuring convenience and comfort for all residents.

Situated in a picturesque village, residents will appreciate the nearby pub restaurant, perfect for socialising and enjoying local cuisine. The property benefits from good road links to Cheltenham, making it easy to access the amenities and attractions of this vibrant town.

This home is designed with affordability in mind, allowing you to share ownership based on your financial situation. If you are looking for a modern, well-located property in a friendly community, this mid-terrace house in Dayleston Park is certainly worth considering. Don't miss the chance to make this lovely house your new home.

Shared Ownership Information - Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.

OMV - £360000
25% Share £90000 - The Share you buy is based on your individual affordability
Rent on remaining share - £618.75pcm (please note the rent element of this payment will increase every April)
Management Fee - £28.75pcm
Buildings Insurance - £17.31pcm

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.

Ground Floor - Hallway to kitchen, lounge and WC

Kitchen - 287 x 421, includes fitted oven, hob and hood
Lounge - 397 x 345 max, double doors through to garden
W/C - 91/206

Fitted flooring throughout

First Floor - Hallway with airing cupboard, leading to

Bedroom 1 - 287cm x 411 cm
Bedroom 2 516max x 355
Bathroom - 220cm x 207 white suite with shower over bath.

Flooring fitted throughout

External - Allocated parking for 2 cars. Enclosed rear garden with side access

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.

Disclaimer - All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Two Rivers Housing - TwoCan estate agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of Twocan and the Centigen brand.

Bedroom 2 -

Brochures

Dayleston Park, Alderton Shared ownershipBrochure
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.
Off street
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.
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About Twocan Estate Agents, Newent

Rivers Meet Cleeve Mill Lane, Newent, GL18 1DS
Industry affiliations:Industry affiliation logo 0

TwoCan starts from a position of strong values and ethical working practices.

We are firmly committed to achieving results for our customers but, as an agency which is wholly owned by a housing charity, we also believe in working with honesty, integrity and transparency, and doing things in the right way.

Our agents have many years? experience of working in sales and lettings, with particular expertise in Shared Ownership ? guiding potential purchasers through the process to achieve their dream home.

Every penny TwoCan makes in profit goes to its parent charity, Two Rivers Housing, to invest in building quality homes which are available for low-cost, ?affordable? rent, helping to put roofs over the heads of those who cannot afford to buy.

Affordability

Monthly repayments£452
Property: £ 90,000
Deposit: £ 9,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34644535. 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.
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