Allenslade Close, Wiveliscombe, TA4
£106,000

Guide price

Bedrooms: 3
SUMMARY

BE QUICK! A fantastic opportunity to buy a modern family home in the popular Allenslade Close residetial area.SHARED OWNERSHIP

DESCRIPTION

Featuring an open-plan Kitchen / dining area and separate living room. The kitchen comes with an oven / hob / extractor and dishwasher. There are three comfortable bedrooms and a family bathroom.

This well-presented home is approximately 500m walking distance to the town centre of Wiveliscombe. Here you will find a wide range of shops, cafes and public services including a nursery, schools, doctors and a library.

£106,000 for a 40% share

Open Market Value: £265,000

Monthly Rent: £228.03

Service Charge: £29.54

Council Tax Band: B Tenure: Leasehold Current Annual Ground Rent (£): Not currently available, please contact the branch Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): Not currently available, please contact the branch Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch Share being Sold (%): Rent Payable (£): 0.00 RentFrequency: Not currently available, please contact the branch

Location

The Wiveliscombe area is the best kept secret in Somerset with rolling green hills and peaceful unspoilt countryside, whilst maintaining excellent access to communities in Taunton, 11 miles with main line railway station and M5 access junction 25 and Wellington junction 26 is 7 miles from Wiveliscombe.

Wiveliscombe town offers an unusually wide range of services including post office, doctors surgery, vets, chiropodist, library, churches, public houses, community office, primary and secondary schools with excellent reputations and a recreation ground with heated outdoor swimming pool, cricket and rugby pitches and tennis courts.

Exmoor National Park is close at hand as well as the Quantock and Brendon hills providing open country for walking, riding, mountain biking and access to the beautiful West Somerset coastline.

About Magna

Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.

What Is Shared Ownership?

Shared ownership, also known as part rent part buy, is a way to help people get onto the property ladder.You buy a percentage of a house and pay rent to Magna for the remaining share. The housing association owns part of it but you're living there, you decorate it and you decide when to sell.This means smaller deposits, smaller mortgage, and the rent you pay on the remaining share is charged at a discounted rate. *You may have to pay Stamp Duty Land Tax (SDLT) depending on your circumstances and the home's market value. Discuss this with your legal adviser. You can find more guidance on the GOV.UK website:

https://www.gov.uk/guidance/sdlt-shared-ownership-property

Am I Eligible?

You will need to confirm that you're able to raise enough money (normally with a mortgage) to purchase the share that you own. A monthly rent is then payable on the remaining share, as well as a monthly buildings insurance and service charge fee, which services communal areas in and around your home. No buy to let investors or anyone that already owns a home (unless SSTC).

This is a Leasehold property. We are awaiting further details about the Term of the lease. For further information please contact the branch. Please note additional fees could be incurred for items such as Leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

01823 286161

Fox & Sons - Taunton

52 East Street, Taunton, Somerset

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