Scots Pine Grove, Wadhurst, TN5 6FR

A fantastic opportunity to purchase a 25% share of this shared ownership property, offered for sale under a shared ownership lease with Wealden District Council.

The property is a beautifully presented three bedroom semi-detached home with the benefit of two allocated parking spaces to the front of the property and generous accommodation entered via a smart and welcoming entrance hall with access to the useful downstairs WC and the spacious living room and impressive, well equipped kitchen/diner to the rear elevation, enjoying a rear garden view and access via French doors.

Three excellent sized bedrooms occupy the first floor along with the modern family bathroom.

The expansive rear garden is arranged with a paved patio seating area and lawn with a fenced surround with further benefits to include side gated access and outside power points.

Occupying a desirable position on the outskirts of the much sought-after market town of Wadhurst, which was named the UK’s best place to live by the Sunday Times in 2023, this modern development enjoys the particular advantage of a peaceful cul-de-sac setting, whilst remaining within easy reach of the town’s excellent range of everyday amenities.

Wadhurst is a charming and highly regarded town set within the beautiful High Weald National Landscape, surrounded by rolling countryside, woodland and farmland. The town combines the character and community feel of a traditional market town with excellent connections for commuters and convenient access to the larger centres of Tunbridge Wells and the surrounding Wealden countryside.

The centre of Wadhurst provides a good selection of independent shops and everyday amenities, including local food shops, butchers, delicatessens, cafés, restaurants and pubs, together with supermarkets and a Post Office. There is also a doctors' surgery, sports facilities and a strong range of community activities, making the town particularly appealing to families and those looking for a well-connected yet peaceful place to live.

TRANSPORT & COMMUTING

For commuters, Wadhurst benefits from its own mainline railway station. Services operate towards London, including Charing Cross, London Bridge and Cannon Street, making the area particularly attractive to those requiring access to the capital.

Road connections are also excellent, with the A21 accessible at nearby Lamberhurst, providing links towards the M25 and the wider motorway network, as well as Gatwick and the south coast.

TUNBRIDGE WELLS & THE SURROUNDING AREA

The popular spa town of Tunbridge Wells lies approximately 6–7 miles to the north, offering an extensive range of shopping, restaurants, cafés, leisure and cultural facilities. The historic Pantiles, theatres, independent boutiques and larger retail destinations add to the appeal, while the town also provides an excellent choice of schools and sporting facilities.

The surrounding countryside offers an enviable choice of recreational opportunities. Bewl Water, one of the South East's largest areas of open water, is nearby and provides opportunities for walking, cycling, sailing, canoeing and fishing, while the wider High Weald is renowned for its network of footpaths, bridleways and beautiful rural landscapes. Bedgebury Forest and Pinetum, Ashdown Forest and a number of well-regarded golf courses are also within easy reach.

The neighbouring villages and towns of Mayfield, Ticehurst, Lamberhurst, Cranbrook and Hawkhurst provide further opportunities for dining, shopping and leisure, while the coast is readily accessible via the A21.

Overall, the location offers an appealing combination of modern residential living, a peaceful cul-de-sac environment and easy access to the amenities of Wadhurst, whilst being ideally placed for Tunbridge Wells, London commuters and the outstanding countryside of the High Weald.

This property is suited for a first-time buyer or eligible returning shared ownership buyer.

25% Share – £131,250

The purchaser will acquire a 25% equity share in the property, with rent payable to Wealden District Council on the remaining unsold share.

Monthly Costs
Rent on the unsold share: £968.63 pcm
Managing agent charge: £46.50 pcm
Buildings insurance: £17.12 pcm 
Total rent and charges: £1,032.25 pcm

The purchaser will also need to arrange their own mortgage, where applicable, and should obtain independent financial advice to establish the level of borrowing and overall affordability.

Eligibility
The sale is subject to the shared ownership eligibility and affordability requirements of Wealden District Council.

Generally, applicants must:

Have a gross household income below £80,000 per annum;
Be a first-time buyer, or a returning buyer who is unable to afford a suitable home on the open market; and
Successfully pass an affordability assessment, demonstrating that the combined mortgage, rent and associated charges are affordable and that the proposed share is sustainable.
The Council requires the prospective purchaser, together with their mortgage/financial broker, to assess and confirm their eligibility, affordability and sustainability.

Important Information
This property is being sold as a 25% shared ownership interest under a shared ownership lease with Wealden District Council.

The assignment of the lease is subject to the Council's consent, which is not to be unreasonably withheld, and the purchaser must meet the Council's eligibility requirements and be an approved buyer.

Subletting is not permitted under the lease unless the leaseholder has staircased to 100% ownership. Any alterations to the property will also require the landlord's prior consent.

Prospective purchasers will be required to provide supporting documentation as part of the Council's eligibility process, which may include identification, payslips and an affordability assessment.

Interested applicants are advised to make an enquiry and provide further details so that their circumstances can be referred for an eligibility and affordability assessment before proceeding.

Please note that the purchaser will also be responsible for their own mortgage payments and any other costs associated with purchasing and owning the property.

Please contact us for further information regarding the 25% share price and  referral for eligibility requirements and the application process.

We are required by law to conduct anti-money laundering checks on all those buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £95(incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.