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Severn Road, Stourport-on-Severn, Worcestershire, DY13
£110,000 | 3 bedrooms

Property features

• Get straight on the ladder in a brand-new home with a 40% share, at £110,000.
• Brilliant, shared ownership opportunity in association with the Bromsgrove Housing District Trust.
• Available to view and reserve immediately.
• £1,000 paid toward your legal fees.
• Carpets included.
• Two car parking, plus private E.V charging point.
• Turfed garden with patio, shed, and gated pedestrian rear access.
• Part of the ‘Folliotts Manor’ development by Barratt Homes, right beside Stouport town centre.
• Please visit our own website to see and print the full details, containing lots more information.

A perfect opportunity to get on the ladder with this brand-new home, right beside Stourport town centre, and within 500m of the picturesque banks of the River Severn! An excellent 3-bedroom end-terrace home, available with immediate vacant possession on a part-buy, part-rent basis with between 40% - 75% available initially. Also, with £1,000 pounds toward your legal costs. Carpets included throughout. Available immediately. Highly efficient to EPC Rating: B.

£110,000 based upon 40% shared ownership.

Eligibility Criteria
There are certain criteria you have to meet in order to qualify for a shared ownership property which are as follows:• You have a household income of less than £80,000 per year.• You are a first time buyer i.e. you don't already own a home OR you are currently a homeowner, however the property is not suited to your current needs and you cannot afford to purchase a suitable property.• You are at least 18 years of age.• You have a deposit and are able to secure a mortgage. Typically, you will require a deposit of at least 5% of the purchase price.• You will need to be financially qualified to confirm you can obtain a mortgage and BDHT can offer you that service.• You will then need to register with Home Choice Plus at www.homechoiceplus.org.uk - Once your Home Choice Plus application has been approved you will be advised of a reference number which you will need to state as part of your application.Financial Information100% sales price £275,00040% share £110,000Monthly rent £378.13Monthly service charge £40.41

Description
This excellent home forms part of the brand new Folliotts Manor development by Barratt Homes. It is in the market to be sold straight-away and priced to attract immediate interest from able buyers on a part-buy, part-rent basis with a 40% - 75% share available to purchase initially. This opportunity comes by way of an affordable housing scheme provided by Bromsgrove District Housing Trust (BDHT) and is ideal for first time purchasers, or those with a limited budget, who want to get on the property ladder. The flexible scheme allows the new owner to increase owned shares in the future, up to the full 100% ownership, with the rental amount payable diminishing pro rata. Taking the example of a 40% shared ownership basis, the rental figure per calendar month would be £418.65, to include service charge fees, which also includes buildings insurance.LOCATIONHere is the epitome of perfect town living sitting right beside the town centre and, therefore, just seconds from a wealth of town amenities.The property is set within the historic Georgian riverside of Stourport-on-Severn, which is surrounded by glorious North Worcestershire Countryside, and yet also enjoys a supreme geographical location between the two important cities of Worcester and Birmingham offering a wealth of both cultural and employment opportunities. The Cathedral City of Worcester is 12 miles to the south also providing access to the M5 Motorway, and the incredible 'Second City' of Birmingham is 21 miles north-east. Stourport itself is a medium sized town in the district of Wyre Forest with a population of about 20,000 and owes its development to the canal system as, during its industrial past, it was one of the key distributing centres for goods to and from the West Midlands. Present day Stourport is packed with plentiful local amenities and over just the last few years there has been substantial investment in the town's housing, Supermarkets and, indeed, the good local pubs and restaurants! Equally, the town centre position also gives quick access to the picturesque banks of the River Severn and regenerated basin area, together with the amusements, and adjoining meadow and parkland, all drawing visitors from miles around. All in all, an excellent, and ultra convenient, place to live!Excellent brand-new accommodation is afforded to comprise:-Access is gained via composite entrance door to:

Reception Hall
2.14m x 1.60m (7'0" x 5'3")
with doors to:

Cloakroom/WC
with central heating radiator, low level flush wc and corner hand wash basin.

Dining Kitchen
4.34m x 3.60m (14'3" x 11'10")
[max] with central heating radiator, UPVC double glazed windows to side and rear elevations, door to rear elevation opening to outside, range of both wall and base mounted kitchen units with complementary roll top surface over having inset stainless steel sink and inset gas hob, built-in electric oven, 'Ideal Logic' combination boiler being neatly concealed via wall unit.

Living Room
4.34m x 3.04m (14'3" x 10')
with central heating radiator, UPVC double glazed windows to front and side elevations.

First Floor Landing
with doors to:

Bedroom One
4.33m x 3.54m (14'2" x 11'7")
[max in to door recess] with central heating radiator, UPVC double glazed windows to front and side elevations.

Bedroom Two
3.83m x 2.27m (12'7" x 7'5")
with central heating radiator, UPVC double glazed windows to side and rear elevations.

Bedroom Three
2.88m x 1.99m (9'5" x 6'6")
with central heating radiator and UPVC double glazed window to rear elevation.

Bathroom
with ladder style towel radiator, UPVC double glazed obscured window to side elevation, low level flush wc, hand wash basin and bath with mixer shower over.

Outside
Corner position with front and side gardens.

Two Car Parking and EV Charging point


South East Facing Rear Gardens
with patio area, lawn, shed and gated pedestrian rear access.

 

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