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The Homend, Ledbury

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

765 sq ft

71 sq m

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

  • 50 % shared ownership
  • Country cottage kitchen
  • Top floor flat
  • Spacious room
  • Beautifully presented
  • 1 parking space
  • Close to shops and super markets
  • 2 bedroom

Description

Nestled in the charming town of Ledbury, The Homend presents a delightful opportunity to acquire a beautifully decorated flat conversion. This older-style property, restored in 2009, making it an ideal choice for those seeking comfort and character.

Upon entering, you will be greeted by a large entrance hall, leading onto a lounge reception room with a quaint fireplace focal point, perfect for relaxation or entertaining guests. The flat features two well-proportioned bedrooms, providing ample space for rest and privacy. The bathroom is thoughtfully designed, ensuring convenience for daily routines.

The cottage kitchen is a standout feature, exuding warmth and charm, and is well-equipped for culinary enthusiasts. The tasteful decor throughout the flat enhances its inviting atmosphere, making it feel like home from the moment you step inside.

Additionally, this property benefits from parking for one vehicle, a valuable asset in this desirable location. The Homend is ideally situated, allowing easy access to the local amenities and the picturesque surroundings that Ledbury has to offer.

This flat conversion is a perfect blend of modern living and traditional charm, making it an excellent choice for first-time buyers, couples, or those looking to downsize. Do not miss the chance to view this lovely property and experience all it has to offer.

Shared Ownership Information - Shared ownership is a part buy part rent property from a registered landlord

Costs based on the Share of: 50 %

Open Market Value: £178,000
Rent per month: £365.12
Service Charges per month: £28.37
Buildings insurance per month: £17.31

The more you buy the lower your rent will be. These costs will increase each year with inflation.

Flat - Top floor flat accessable by stairs only.

Entrance Hall - Doors leading to kitchen, bedrooms bathroom and Lounge.

Kitchen - 3.67 x 1.70 (12'0" x 5'6") - Beautifully presented cottage kitchen. Floor and wall units. Sky window to rear of property.

Bedroom 1 - 3.49 x 4.51 (11'5" x 14'9") - Large bedroom with window to front of property.

Bedroom 2 Or Dining Area - 3.50 x 3.59 (11'5" x 11'9") - Currently used as a dining snug area. 1 window to side of property.

Lounge - 3.91 x 4.34 (12'9" x 14'2") - Lounge with dual aspect windows to front and side of property. Cosy fireplace.

Bathroom - 1.96 x 2.93 (6'5" x 9'7") - White bathroom suite with over bath shower, pedestal hand wash basin and WC. Partly tiled walls. window to front of property.

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

You will also be required to complete an application form and an affordability calculation.

Services - All mains services are connected.

How Does Shared Ownership Work? - Shared Ownership is a government scheme that offers you the chance to buy a share of a property from a housing association, a non-profit-making body that provides homes. Because you only own a part of the property, you can buy it with a smaller deposit and mortgage.

A smaller mortgage means smaller repayments but you’ll also need to pay:

- rent on the share of the property you do not yet own
- monthly service charges
Shared Ownership homes can be new builds, existing properties, houses or flats. All Shared Ownership properties are leasehold, even houses.

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.

Additional Information - Allocated parking for 1 car
New boiler - Gas Central Heating
NO ONWARD CHAIN

Brochures

The Homend, LedburyBrochure
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.
Ask agent
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.
Ask agent
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

The Homend, Ledbury

Approximate location

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Affordability

Monthly repayments£447
Property: £ 89,000
Deposit: £ 8,900
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.
Recently sold & under offer
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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.

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Disclaimer - Property reference 34819499. 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.

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