Dorado Street, Sherford, Plymouth

A beautifully presented two bedroom home in the sought-after new community of Sherford, available to purchase under the Shared Ownership scheme at 40%.

The accommodation comprises an entrance hallway, a convenient WC/utility room, and a stylish modern kitchen/dining room. To the rear of the property is a bright and spacious lounge with double doors opening onto the garden, creating an ideal space for both relaxing and entertaining.

On the first floor, there are two generous double bedrooms and a contemporary family bathroom.

Outside, the property benefits from an enclosed rear garden featuring a patio seating area, steps leading down to a lawned garden, and a useful garden shed. There is also an allocated parking space.

Sherford is one of the South West’s most exciting new communities, offering a range of local amenities including shops, cafés, a primary school, parks and open green spaces. Ideally located between Plymouth and the South Hams coastline, it provides excellent transport links to the A38 and easy access to beautiful beaches and countryside walks.

This is a fantastic opportunity to step onto the property ladder and enjoy modern living in a vibrant and growing community.

Available on a shared ownership basis, this home offers a 40% share, providing an accessible route onto the property ladder for first-time buyers. The monthly costs for the remaining 60% rent are £329.02pcm, with a service charge of £32.36pcm,  buildings insurance at £14.97pcm and reserve fund payment of £7.55 pcm.

To be eligible for Shared Ownership, applicants must have a household income below £80,000 per year, be unable to purchase a suitable home on the open market, and have sufficient savings or access to funds for a deposit and associated buying costs. Applicants must not currently own another property, unless sold subject to contract.

MATERIAL INFORMATION

To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document. 

Council Tax Band: C

Tenure: Leasehold

Full Market Value: £225,000

Share: 40% Shared Ownership

Lease Term: 116 Years Remaining

Rent: £329.02 pcm

Service Charge: £32.36 pcm

Buildings Insurance: £14.97 pcm

Reserve Fund Payment: £7.55 pcm

Property Type: Terraced Property

Energy Performance Rating: B

Electricity Supply: Mains Supply

Water Supply: Mains Supply

Sewerage: Mains Supply

Heating: Mains Gas

Mobile Coverage: O2 - Excellent,  Vodafone - Excellent, Three - Good,  EE - Good

Broadband: Cable

Parking: Allocated Parking

Restrictions: You cannot sublet your entire home unless you own 100% share or you have your landlord's permission which will only be given in exceptional circumstances

DIRECTIONS

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