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2 Falcon Row, Merlin Gate, Newent 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

  • New Build
  • 2 Good sized bedrooms
  • Private garden
  • 2 Allocated parking Spaces
  • Downstairs WC
  • 10 Year New Build warranty
  • Fitted flooring throughout
  • Shared ownership from 50% share
  • Modern Open Plan Living space

Description

50% Shared ownership 2 bed house. Situated on the outskirts of Newent Town Centre. Comprising of open plan living space, WC, storage cupboard, 2 bedrooms, bathroom and storage to the first floor, this property also benefits from parking, garden, GCH and DG.

Shared Ownership Info - 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.

Open Market Value: £220,000
50% Share: £110,000
Rent per month: £276.12
Service Charges per month: £4.42
Buildings insurance per month: £17.31

These costs will increase each year with inflation

First Floor - 8.4 x 2.8 (27'6" x 9'2") - Front door leading too open plan lounge, kitchen/diner and stairs leading to upstairs. Window to Front elevation.

Living Room - 5.2 x 3.4 (17'0" x 11'1" ) - Open Plan Kitchen living area, under the stairs cupboard

Kitchen - Stainless steel sink with mixer tap. Space for Fridge freezer & Washing machine. Integrated Dishwasher. Electric oven, gas hob & Extractor fan hood. Window to rear elevation.

Wc - 1.0 x 1.5 (3'3" x 4'11") - White low level WC and hand wash basin.

First Floor - Landing area with doors leading to Bedroom 1, bedroom 2 & bathroom

Bedroom 1 - 3.6 x 4.6 (11'9" x 15'1") - Double bedroom, storage cupboard, double window to rear elevation.

Bathroom - 2.1 x 1.8 (6'10" x 5'10") - White bathroom suite with shower over bath, low level WC and hand wash basin.

Bedroom 2 - 3.4 x 3.4 (11'1" x 11'1") - Window to rear elevation. Storage cupboard.

Outside - Enclosed rear garden with access from the back. 2 parking spaces to the right of the property.

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.

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.

Help To Buy Agent - All applicants will need to successfully register with the Help to Buy agent prior to any offer being accepted

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.

Brochures

2 Falcon Row, Merlin Gate, Newent 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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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

2 Falcon Row, Merlin Gate, Newent SHARED OWNERSHIP

Approximate location

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Affordability

Monthly repayments£552
Property: £ 110,000
Deposit: £ 11,000
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.
Recently sold & under offer
See similar nearby properties

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 34833650. 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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