End terrace house for sale in Swifts Green Road, Luton LU2

Shared ownership (Advertised price represents 30% share. Full market value £315,000). A generously-sized, end-of-terrace house in the Putteridge suburb of Luton. The smartly-presented property features a spacious kitchen with tiled floor, sleek, handle-less units and integrated appliances. At the rear, a glazed door leads from the reception/dining room out to a neatly-kept, sixty-five-foot, west/south-west-facing garden with patio and lawn. There are two bedrooms, both large doubles, plus a stylish bathroom and a ground-floor cloakroom. Useful, built-in storage cupboards have been provided and the well insulated walls, roof and floor, high performance glazing and gas central heating make for a very good energy-efficiency rating. The house comes with parking for two cars and is only a short drive from the town centre, railway station, airport and the M1. The local primary school and secondary school are both Ofsted-rated 'Good' and there are several other well-thought-of schools in the surrounding area. The Sundon Hills Country Park and Barton Hills National Nature Reserve offer many acres of beautiful, outside space to explore.

Interested parties are required to complete the shared ownership common application form [ ]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/10/2018).
Minimum Share: 30% (£94,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £589.71 per month (subject to annual review).
Service Charge: £16.58 per month (subject to annual review).
Guideline Minimum Income: Dual - £33,500 Single - £39,800 (based on minimum share and 10% deposit).
Council Tax: Band C, Luton Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

What is shared ownership ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.

Is shared ownership for you ?

The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.

Ground Floor

Entrance Hall
14' 6" x 7' 5" (4.42m x 2.26m)

Kitchen
12' 0" x 8' 7" (3.66m x 2.62m)

Cloakroom
7' 0" x 4' 9" (2.13m x 1.45m)

Sitting / Dining Room
16' 2" x 14' 7" (4.93m x 4.45m)

Garden
approximately 65' 0" x 24' 0" (19.81m x 7.32m)

First Floor

Landing

Bedroom 1
14' 6" x 14' 1" into bay (4.42m x 4.29m)

Bathroom
7' 0" x 7' 0" (2.13m x 2.13m)

Bedroom 2
14' 7" x 9' 8" (4.45m x 2.95m)