- BRAND NEW 2 Double Bedroom Home
- Smart Contemporary Interior
- Innovative Design and Detail
- Parking for 2 Vehicles
- SHARED OWNERSHIP!
- Enclosed Rear Garden
- New Residential Development
- CHAIN FREE!
* BRAND NEW 2 Double Bedroom Home
* Smart Contemporary Interior
* Innovative Design and Detail
* Parking for 2 Vehicles
* SHARED OWNERSHIP!
* Enclosed Rear Garden
* New Residential Development
* CHAIN FREE!
PROPERTY DESCRIPTION This BRAND NEW TWO DOUBLE BEDROOM mid terraced home is situated on a very popular and highly sought after new residential development on the outskirts of Ryde town centre, and within close proximity to award winning sandy beaches and local parks. A short walk away is Elmfield village with its local convenience store, post office, and pub. Tesco superstore is only a 5 minute drive away. This very smart newly built home has been constructed to exacting standards of detail and specification, with contemporary flooring and décor throughout, comprising modern and fresh neutral tones. The property is complemented by a utility area, downstairs wc, an easily manageable and enclosed rear garden, and allocated parking for 2 vehicles. The house is presented in IMMACULATE order throughout and is ready for immediate occupation. CHAIN FREE!
SHARED OWNERSHIP This property is available to purchase with a 70% share (valued at £161,000 by an independent surveyor) with a 30% share retained by Capture Housing. Purchasers are allowed to buy additional shares (once they have moved in) and "staircase up" to full ownership which will in turn, make the property FREEHOLD. The shares can be purchased in increments of 5% or in its entirety, whichever you prefer.
The 30% share will be subject to a rent at 2.25% of the market value. The estimated rent for this property would be approx. £125 per calendar month in addition to your existing mortgage (mortgage only at the discounted price).
ENTRANCE Main entrance door leading to :
SITTING ROOM 14′ 7" x 12′ 9" (4.47m x 3.91m) A bright and comfortable sitting room with window to front elevation providing a huge source of natural light. Under stairs cupboard. Stairs to first floor.
KITCHEN 11′ 10" x 10′ 2" (3.62m x 3.12m) A very smart contemporary fitted kitchen with a range of white " high-gloss" floor and wall units and pan drawers, with matching work surfaces. Space for fridge/freezer. Integrated gas hob with electric oven, and extractor unit over. Double patio doors lead to the rear garden. Inset spot- lighting. Access to:
UTILITY AREA 5′ 6" x 4′ 3" (1.7m x 1.3m) Useful utility area with space and plumbing for washing machine, and space for tumble dryer. Fitted units housing " Vaillant" comb-boiler. Door to:
WC Separate downstairs wc and wash hand-basin.
FIRST FLOOR First floor landing. Storage cupboard. Doors to:
BEDROOM 1 14′ 7" x 9′ 10" (4.47m x 3m) Good size double bedroom with window to the front elevation.
BEDROOM 2 14′ 6" x 8′ 2" (4.43m x 2.5m) A further double bedroom with window to the rear elevation with views of the local allotments.
BATHROOM A modern family bathroom with panelled bath with shower over, wc and wash hand-basin
PARKING Allocated parking for two vehicles accessed to the rear of the property.
GARDEN An easily maintained and enclosed rear garden, mainly laid to lawn. Small paved patio area immediately adjacent to the Kitchen.
HEATING Gas central heating.
SERVICES All mains connected.
TENURE The property is your own home – Capture Housing (even though it owns a share)
cannot occupy your home or share it with you.
You will own the property on a leasehold basis and Capture Housing will use a
standard Homes England lease. Leasehold. 125 years from July 2021. (Subject to terms of shared ownership conditions). Upon acquiring the full property, the freehold will be automatically transferred to you.
COUNCIL TAX TBC: Anticipated band "B" or "C" subject to formal rating.
MAINTAINENCE CHARGE £272 per annum.
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