£97,750 for a 50% share of this two-bedroom apartment
Full Market Value: £195,500
This well-presented two-bedroom ground floor apartment is available to purchase through a shared ownership scheme, offering an excellent opportunity for first-time buyers looking to take their first step onto the property ladder.
A 50% share is available for £97,750, based on a full market value of £195,500. The purchaser will own a 50% share of the property and pay rent on the remaining share retained by the housing association.
The current rent payable on the remaining 50% share is £520 per month. There is also the option to purchase further shares in the property in the future, subject to the terms and approval of the shared ownership scheme.
Located on Hamlet Way, this ground floor apartment offers convenient and low-maintenance living, within walking distance of Stratford-upon-Avon town centre. Situated just off Birmingham Road, the property provides easy access to local amenities, Maybird Shopping Park and Stratford-upon-Avon railway station.
The accommodation comprises a bright and spacious open-plan living/dining area, creating an ideal space for both relaxing and entertaining. The modern fitted kitchen benefits from ample storage and a bright rear aspect window.
There are two generous double bedrooms, including a principal bedroom with en-suite shower room, along with a contemporary family bathroom. The property also benefits from one allocated parking space located to the rear.
Location
The property is ideally situated for access to Stratford-upon-Avon town centre, offering a wide range of independent shops, cafés, restaurants and cultural attractions, including the Royal Shakespeare Theatre.
Maybird Shopping Park is also nearby, providing convenient access to supermarkets, retail stores and everyday amenities.
Excellent transport links are available, with Stratford-upon-Avon railway station providing services towards Birmingham and London Marylebone, making this an attractive option for commuters and those wishing to enjoy the lifestyle of this historic riverside town.
What is Shared Ownership?
Shared Ownership allows buyers to purchase a share of their home and pay rent on the remaining share owned by a housing association. It can provide an affordable route onto the property ladder for those who cannot purchase a home outright on the open market.
Additional Information
Disclaimer
Property details are provided as a general guide only and do not constitute part of any offer or contract. Measurements are approximate, and prospective purchasers should satisfy themselves through inspection and legal enquiries. Services, appliances and fittings have not been tested. Lease details and charges should be verified by a solicitor.
Anti-Money Laundering (AML) Checks
In line with UK Anti-Money Laundering Regulations, successful purchasers will be required to complete identity and source-of-funds checks. A charge of £45 including VAT per person applies for these checks. Buyer details will be shared with a third-party AML provider who will contact you directly to complete the verification process. EPC rating: C. Council tax band: C, Tenure: Leasehold,
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