Semi-detached house for sale in Sandlin Close, Toddington, Cheltenham GL54
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Utilities and more details
Property features
- 2 bed semi detached house
- 75% Shared Ownership
- Side access to rear garden
- 3 allocated parking spaces
- WC
- Bathroom with shower over bath
Property description
2 bed semi detached 75% shared ownership home is located in the desirable area of Toddington.
The accommodation comprises of entrance hall, WC, kitchen/diner, lounge with door through to rear garden and rear access. On the first floor there are two bedrooms, bathroom with shower over bath and storage.
This property also benefits from gas central heating, double glazing, enclosed rear garden, driveway parking for 3 cars.
Shared Ownership
Local connection to toddington/tewkesbury
Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.
Open Market Value: £325,000
75% Shared Ownership: £243,750
Rent, Service charge & Insurance: £216.67pcm
These costs will increase each year with inflation in April
Ground Floor
Entrance Hall (3.1 x 1.1 (10'2" x 3'7"))
Doors leading to WC, kitchen/diner and stairs to first floor
Wc (1.7 x 0.8 (5'6" x 2'7"))
White wash hand basin and low level WC. Window to front elevation.
Kitchen/Diner (5.0 x 3.6 (16'4" x 11'9"))
Open-plan kitchen/diner, Fitted kitchen with range of wall and base units, stainless steel sink with mixer tap, space for washing machine and fridge/freezer. Electric oven with gas hob with hood over. Window to front and side elevation. Storage cupboard.
Lounge (4.6 x 3.4 (15'1" x 11'1"))
Patio doors and window to rear elevation.
First Floor
Landing with doors to two bedrooms and bathroom. Access to loft space.
Bedroom 1 (4.6 x 3.2 (15'1" x 10'5"))
Window to front elevation
Bathroom (2.1 x 1.7 (6'10" x 5'6"))
White bathroom suite with shower over bath, Low level WC and wash hand basin. Window to side elvation.
Bedroom 2 (4.6 x 2.9 (15'1" x 9'6"))
Window to rear elevation
External
Enclosed rear garden with rear access with shed in situ. Driveway parking to the front of the property for 3 cars.
How Does Shared Ownership Work?
If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.
The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.
For legal reasons, while you are only buying a part-share of the property, you will have a leasehold interest of 990 years where the scheme allows. However, you may buy further shares. This is called ‘staircasing’, and may
eventually progress to outright ownership.
Two Rivers Housing
TwoCan Estate Agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of TwoCan and the Centigen brand.
Disclaimer
All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. Water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Property info
Screenshot_2024-06-05-18-52-31-27_E2d5B3F32B79De1d View original
2 Bed Floor Plan.pdf View original
View Floorplan 2(Opens in a new window)
For more information about this property, please contact
TwoCan, GL18 on +44 1531 577977 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by TwoCan, and do not constitute property particulars. Please contact TwoCan for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.