Semi-detached house for sale in Arlingham Place, Broomhall, Worcester WR5

A fantastic opportunity to purchase a brand-new home on the south side of Worcester bordering Kempsey village. Being sold on a part buy, part rent basis.

Description

The properties are being sold on a part-buy, part-rent basis with a 50% share available to purchase initially. The plot is available on this new site by St Modwen Homes, beautifully situated on the Malvern side of Worcester close to Kempsey village. To be eligible the successful candidate will need to meet the standard requirements of a shared ownership property along with a local connection criteria as well. The two plots require a connection to Worcester city.

This excellent and affordable housing scheme is provided by the Community Housing Group, ideal for first-time purchasers or those with a limited budget who want to get on the property ladder. The flexible scheme allows the owner to increase owned shares after one-year up to the full 100% ownership, with the rental amount payable diminishing pro-rata. On a 50% shared basis, the rental per calendar month is £397.89 which includes buildings insurance and administrative fees.

Total monthly rent:
• Rent £349.48
• Service Charge £25.05
• Building Ins £6.86
• Service charge Examination Fee £1.50
• S/O Fee £15.00

To be eligible for shared ownership you:
• Need to be over the age of 18
• Be unable to buy on the open market
• Not already own a property (unless in exceptional circumstances)
• Be able to raise a mortgage to cover the share you wish to purchase
• Be able to afford to pay the remaining rent and bills etc.
• Have enough saved to cover the mortgage and legal fees and any additional moving costs
• Do not earn in excess of £80,000 per household
• Be registered on Housing for You Housing Register. You can apply online at

Worcester City connection criteria:
6 Arlingham Place will be given to prospective purchasers who have a local connection to Worcester City only within the postcode area of WR1, WR2, WR3, WR4 and WR5. Please note if a postcode of WR2, WR5 and WR4 falls under Malvern Hill or Wychavon boundary, the applicant would not be eligible to apply – please check the boundary at My Local Area - Worcester City Council Applicants must meet the following criteria:

• Registered on Housing For you – You can register here: ()

• Lives in Worcester City (for at least 6-months out of the last 12-months or 3-years out of the last 5 years)

• Has Close family (mother, father, brother, sister, son or daughter) who have lived in Worcester City for at least 5 years

• Has Permanent employment in Worcester City.

How to apply
To apply for one of our properties you need to complete an application form and an income and expenditure statement. You can find them here:

Application.pdf ()
IncomeAndExpenditure.pdf ()

You need to provide documents to support your application, please use the checklist to ensure you have provided everything that is applicable:
ApplicationChecklist.pdf ()

You also need to register on our housing register Housing For You.

We will require a financial assessment to be undertaken by our nominated Mortgage Advisor

Once you have completed the application, gathered your evidence, and registered on Housing for you, you can email the application with the supporting documents and the Income & Expenditure to:

We will then assess your application. This normally takes around a week.

Please note: Applications are taken on a first come first served basis and incomplete applications cannot be accepted.

The kitchen
At the end of the hallway is the kitchen, which overlooks the rear garden. The kitchen’s thoughtful layout and high- quality finish create an inviting space, which flows seamlessly onto the garden and patio via the backdoor.

The living room
Adjacent to the entrance of the home is the main living area, which has a lovely outlook to the front of the property and is filled with natural light.

The first floor
Moving upstairs, the landing features a useful storage cupboard and grants access to the bedrooms and the main bathroom. All three bedrooms are bright and inviting with bedroom one and two spacious enough for a double bed.

The bathroom
The bathroom contains a bath with a built-in power shower, a washbasin and a WC, all completed to a high standard.

The garden
The property benefits from a rear private garden with both a lawn and paved patio. The garden is accessed by a side gate from the front of the property and a rear entrance through the kitchen.

Location

Pear Tree Fields is part of an ongoing development nicely located near St Peters to the south of Worcester and bordering Kempsey village. This location is incredibly convenient for accessing the thriving Cathedral City and the surrounding beautiful Worcestershire countryside, including the delightful River Severn and stunning Malvern Hills, which are only a short drive away.

Worcester City centre is around 3 miles away and offers lots to see and do, with the centre and accompanying riverside packed with shops, pubs and restaurants.

The properties are also ideally placed for the commuter and traveller, with the M5 Junction 7 just under 2-miles away and the Worcestershire Parkway Railway Station just over a 2-mile drive away.

Services

Mains gas, electricity and water are connected to the property

Fees

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.

The reservation fee, equivalent to 0.5% of the accepted offer unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and a positive completion of an assessment of the buyer’s financial status and ability to proceed.

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.