2 bedroom semi-detached bungalow for sale
bungalow
bedrooms
Property photos
+7
Property description
An exciting affordable housing opportunity, exclusively for the Over 55's, to buy a 35% share of a fabulous 2023 built 2 bedroom semi-detached bungalow with off road parking and an enclosed rear garden.
* NO ONWARD CHAIN *
Inside - A surprisingly spacious reception hall leads off into a living room with double doors opening out into the rear garden and stylish dining kitchen providing a range of base and wall storage cupboards, freestanding appliance space, integrated 4 ring gas hob and a built-in fan assisted oven and grill.
The bungalow also features 2 double bedrooms and a bathroom with heated towel rail and a shower above the bath.
Other internal features of note include a gas fired central heating system, double glazing and the residue of a 10 year structural warranty.
Outside - A tarmac hardstanding at the front of the property provides off road parking and the enclosed rear garden is mainly laid to lawn and features a small paved seating area.
How Does Shared Ownership Work - Shared Ownership allows you to part buy and part rent a property from a housing association. In this particular instance you can buy as little as a 35% share and rent the remaining 65% from Together Housing. The greater the share you own the lower amount of rent is payable as illustrated below:
35% Ownership = £85,750 plus Monthly Rent = £363.62
The information below shows further examples for the Share, Purchase Price & Monthly Rent
40% - £98,000 - £335.65
50% - £122,500 - £279.71
60% - £147,000 - £223.77
70% - £171,500 - £167.83
80% - £196,000 - £111.88
90% - £220,500 - £55.94
Subject to affordability and Together Housings approval there could be the option to purchase 100% share of the property which at this point the freehold will transfer to you.
Please note that there is a additional £17.63 per month for Buildings Insurance, Estate Charge and Management Fees. For further information on purchasing this property and for confirmation of your eligibility to buy please contact Together Housing on[use Contact Agent Button] or go to where you will also be able to download an Application Form.
Eligibility Criteria - • You must be over 55 years of age
• your household income is £80,000 or less
• you cannot afford all of the deposit and mortgage
payments to buy a home that meets your needs
Plus one of the following must also be met:
• you are a first-time buyer
• you used to own a home but cannot afford to buy
one now
• you are forming a new household - for example, after
a relationship breakdown
• you are an existing shared ownership property owner and you want to
move
• you own a home and want to move but cannot
afford to buy a new home for your needs
Also, you must have a local connection to Easingwold ( YO61 ) either through residency, work or family.
Services - We have been advised by the vendor that all main services are connected to the property.
Energy Efficiency - This property's current energy rating is B (84) and has the potential to be improved to an EPC of A (97).
Council Tax & Postcode - This property sits within North Yorkshire Council and is in the tax band of C. The postcode for the property is YO61 3SB .
Tenure - We have been informed by the vendor that the property is leasehold.
* NO ONWARD CHAIN *
Inside - A surprisingly spacious reception hall leads off into a living room with double doors opening out into the rear garden and stylish dining kitchen providing a range of base and wall storage cupboards, freestanding appliance space, integrated 4 ring gas hob and a built-in fan assisted oven and grill.
The bungalow also features 2 double bedrooms and a bathroom with heated towel rail and a shower above the bath.
Other internal features of note include a gas fired central heating system, double glazing and the residue of a 10 year structural warranty.
Outside - A tarmac hardstanding at the front of the property provides off road parking and the enclosed rear garden is mainly laid to lawn and features a small paved seating area.
How Does Shared Ownership Work - Shared Ownership allows you to part buy and part rent a property from a housing association. In this particular instance you can buy as little as a 35% share and rent the remaining 65% from Together Housing. The greater the share you own the lower amount of rent is payable as illustrated below:
35% Ownership = £85,750 plus Monthly Rent = £363.62
The information below shows further examples for the Share, Purchase Price & Monthly Rent
40% - £98,000 - £335.65
50% - £122,500 - £279.71
60% - £147,000 - £223.77
70% - £171,500 - £167.83
80% - £196,000 - £111.88
90% - £220,500 - £55.94
Subject to affordability and Together Housings approval there could be the option to purchase 100% share of the property which at this point the freehold will transfer to you.
Please note that there is a additional £17.63 per month for Buildings Insurance, Estate Charge and Management Fees. For further information on purchasing this property and for confirmation of your eligibility to buy please contact Together Housing on[use Contact Agent Button] or go to where you will also be able to download an Application Form.
Eligibility Criteria - • You must be over 55 years of age
• your household income is £80,000 or less
• you cannot afford all of the deposit and mortgage
payments to buy a home that meets your needs
Plus one of the following must also be met:
• you are a first-time buyer
• you used to own a home but cannot afford to buy
one now
• you are forming a new household - for example, after
a relationship breakdown
• you are an existing shared ownership property owner and you want to
move
• you own a home and want to move but cannot
afford to buy a new home for your needs
Also, you must have a local connection to Easingwold ( YO61 ) either through residency, work or family.
Services - We have been advised by the vendor that all main services are connected to the property.
Energy Efficiency - This property's current energy rating is B (84) and has the potential to be improved to an EPC of A (97).
Council Tax & Postcode - This property sits within North Yorkshire Council and is in the tax band of C. The postcode for the property is YO61 3SB .
Tenure - We have been informed by the vendor that the property is leasehold.
Interested in this property?
Council tax
First listed
Over a month agoEnergy Performance Certificate
Marketed by
Stephensons - Easingwold Inglenook, Market Place Easingwold YO61 3ABPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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