Orchid Close, Hereford, Herefordshire

An immaculately presented two-bedroom property offered for sale at 12% shared ownership | Modern open plan living | Downstairs W.C & family bathroom | Allocated parking and private rear garden | Sold with no onward chain | 987 year lease

Elgar Place is a modern development located on the northern fringes of Hereford, and benefits from the convenient amenities of the City as well easy access to the neighbouring countryside and rural walks.
Nearby there is a public house, supermarket and convenience store. Additional shops, services and a secondary school are also a short walk away in nearby Whitecross. Hereford City Centre is also walkable or a short drive or bus journey away.

Situated on a modern new-build estate on the northern outskirts of Hereford, this immaculately presented two-bedroom end terrace property is offered for sale on a 12% shared ownership basis through Connexus, providing an affordable route onto the property ladder.

The property benefits from allocated parking to the front and offers stylish, contemporary accommodation throughout. The entrance hall provides access to a convenient downstairs W.C. and a generous storage cupboard with plumbing for a washing machine. A further door leads into the open-plan kitchen and living area, creating a bright and sociable space ideal for modern living.

The kitchen is fitted with contemporary wall and base units, an integrated oven and hob, space for a freestanding fridge freezer, and a useful breakfast bar. The living area offers ample space for lounge furniture, with double doors opening directly onto the rear patio and garden.

Upstairs, there are two double bedrooms, both benefiting from built-in storage, alongside a modern family bathroom.

The property is beautifully maintained throughout and neutrally decorated, allowing prospective purchasers to move straight in. To the rear, the enclosed garden is designed for easy maintenance, featuring a paved patio area, a small lawn and convenient side gate access.

MONTHLY PAYMENTS:
Rent £603.63
Grounds Maintenance £20.83
Buildings insurance £26.45
Management fee £7.09

SHARED OWNERSHIP:
The housing provider will assess whether you meet the eligibility criteria for the scheme. This will be based on the eligibility criteria for the shared ownership scheme and the housing provider’s specific policies. These include:

You can apply to buy the home if both of the following apply:
• your household income is £80,000 or less
• you cannot afford all of the deposit and mortgage payments to
buy a home that meets your needs

One of the following must also be true:
• you're a first-time buyer
• you used to own a home but cannot afford to buy one now
• you're forming a new household - for example, after a
relationship breakdown
• you're an existing shared owner, and you want to move
• you own a home and want to move but cannot afford to buy a
new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase. As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments. Also, you must have a local connection to Herefordshire either through residency, work or family.

Agents Note:
You can staircase up to 100% ownership, but the home will always remain a leasehold property and the freehold cannot be transferred. If you decide to sell your home and own a high percentage (or 100%), the landlord (Connexus) is under a contractual obligation to repurchase (buy back) the property or your share to keep it affordable for future local buyers