Bradleys
5 Bank Street
Newton Abbot
Devon
TQ12 2JL
A modern and enhanced two bedroom coach house with parking, garage and private rear garden.
Description
A two bedroom detached coach house providing an open plan kitchen/living/dining space. The kitchen has been refitted with a modern design, creating additional worktop space and storage and fitted appliances. The lounge/dining room is open plan with a dual aspect providing a light and airy living space. There is a main family bathroom which is fully tiled featuring a bath with a shower over and an ensuite in the same style with a walk in shower. The bedrooms are bother double rooms making the home a suitable space for a professional couple or small family. The garage has been fitted with an electric door with additional storage under the staircase. The rear garden is accessible from the side of the property and is a privately enclosed area laid to lawn.
Shared Ownership Key Notes
Buyers must be at least 18 years old
Buyers must have a total household income under £80,000
(£90,000 in London)
Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for
further information)
Buyers are expected to use any savings and assets towards the purchase
of their home. This may mean selling assets such as bonds, shares, land and any other financial investments.
Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment (not all benefits are eligible)
Self-employed buyers must be able to provide 2-years evidence of their income.
Resales Guide for Estate Agents
Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator
Shared owners must be first time buyers or do not own another property in the UK or any other country or have a memorandum of sale for their existing property.
Buyers must have good credit history and must not have the following (for more information on acceptable credit for Home Reach please refer to the credit policy):
A mortgage or rent arrears
Other bad debts
County Court Judgements
Buyers must have a minimum 5% deposit towards the share they are purchasing
Buyers may retain a portion of their savings to cover the costs of purchase and moving
home (typically up to £5,000). This may include:
Legal fees
Stamp Duty Land Tax where applicable
Mortgage application fees
Valuation fees and any associated moving costs
Mains Services
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Leasehold
Shared Ownership with Heylo
Teignbridge Council
Council Tax Band - B
Parking - Garage and Parking Space
Private Garden
Mains Services: Electric, gas, water and drainage
Heating: Gas central heating
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