The Chestnuts, Winscombe, Somerset, BS25

***SHARED OWNERSHIP- 40% SHARE***

A modern three bedroom semi-detached house situated in the popular village of Winscombe, offering well-presented accommodation throughout, a rear garden and parking for two cars.

The ground floor comprises a welcoming living room with space for a dining table, a modern fitted kitchen and a convenient downstairs WC.

Upstairs, there are three well-proportioned bedrooms, alongside a sleek modern family bathroom featuring a shower over the bath.

Outside, the property benefits from a rear garden with a patio area and a large shed, providing useful storage space. To the front is a small lawned area, while the side of the property provides parking for two vehicles.

The property is situated in Winscombe, which offers a good range of local shops, pubs and everyday amenities, while also providing convenient access towards Bristol and the surrounding areas.

Shared Ownership: The property is being offered for sale as a 40% shared ownership share.

The share purchase price is calculated using the full market value and the percentage share purchased.
If you buy a 40% share, the share purchase price will be £140,000 and the rent will be £406.62 a month.

Your annual rent is calculated as 2.32% of the remaining share of the full market value owned by the landlord.
Please note that the rent is only calculated as a percentage of the retained equity when the lease is granted. All resales properties will have been subject to annual rent increases, which mean that the rent no longer represents a percentage of the retained equity. Further details of the rent review periods and calculations are contained within this document.

All figures are subject to change.

*Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.