Fixed price
£121,500
3 bed end terrace house for sale
Morgan Sweet, Cranbrook, Exeter EX5Leasehold
3 beds
1 bath
1 reception
EPC Rating: B
Key information
Tenure
Leasehold (116 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
45%
Shared ownership rent
£331 per month
About this property
45% Shared Ownership Property
Allocated Parking Directly Outside
Close To Countryside Walks
Modern Three Bedroom House
Private and Enclosed Garden
Walking Distance To The Train Station
Description
***45% Shared Ownership House***
Located in the heart of Cranbrook, with plenty of amenities just a short walk away, is this wonderful family home.
Greeted by a welcoming hallway, leading to a stylish kitchen/breakfast room.
To the rear, is a very spacious, open plan living/dining room, which is the full width of the property and offers access via a rear door leading to the garden.
Three good sized bedrooms can be found on the first floor, along with a modern family bathroom.
The rear garden is mainly lawn with footpath leading to the rear access and an off road parking space.
Who Can Apply? - In order to be considered for shared ownership, you will need to:
1. Be unable to buy a similar property for your needs on the open market.
2. Have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal and moving costs
3. In most cases you will need to have a local connection to the area where you would like to buy. This condition may form part of a local planning agreement. We can help you check this if you are unsure
4. Have a gross household income of less than £80,000 per year
5. Not currently own or have an interest in another property (although you may apply once you have a buyer for your property)
Local Connection Criteria - An eligible person means a person who is in need of Affordable Housing and who has a strong location connection with the administrative area of East Devon District Council or Exeter City Council (priority will be given to applicants with a local connection to the East Devon District) and who satisfies one or more of the following criteria .
* The person is currently resident in the area
* The person is currently employed in the area
* The person needs to live in the area to take up firmly committed employment
* The person has close family living in the area (i.e. Mother, father, daughter, son, sister, brother).
* The person has been resident in the area for at least five of the last ten years.
This information has been taken from the Section 106 Agreement which is a planning condition.
Council Tax Band: C
Tenure: Leasehold (116 years)
Shared Ownership: 45% being sold, £330.62 per month rental payments
125 years from and including 1 July 2015
Service charge per month £7.99
Buildings insurance per month £13.89
Entrance Hall
With front door to front aspect with double glazed panel window, floor to ceiling obscure double glazed window, radiator, stairs leading to first floor, understairs storage cupboard.
Cloakroom
Modern low level WC, pedestal basin, radiator.
Kitchen/Diner
A range of matching wall and base units with roll top work surfaces, integrated electric oven, electric hob, extractor fan over, space and plumbing for washing machine, space and plumbing for dishwasher, front double glazed window. The dining area has space for dining room table and chairs, radiator.
Living Room
Radiator, rear double glazed window and rear double glazed patio doors leading to the rear garden.
Landing
Airing cupboard, access to the loft via loft hatch.
Master Bedroom
Generous double bedroom, radiator, front double glazed window.
Bedroom 2
Generous double bedroom, radiator, rear double glazed window.
Bedroom 3
Large single bedroom, fitted half height storage cupboard, radiator, front double glazed window.
Bathroom
Matching three piece suite, panel bath with shower over, low level WC, pedestal basin, heated chrome towel rail, frosted obscure double glazed window.
Front Garden
To the front of the property there is an allocated parking space. A landscaped garden with extended patio area, raised decking area and a timber framed shed.
Rear Garden
A landscaped garden with extended patio area, raised decking area and a timber framed shed.
More information
Listed by
Butt Estates
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