2 bed terraced house for sale

Picton Drive, Lily Hay, Shrewsbury SY2

*** shared ownership opportunity ***

part own your home - An excellent opportunity to purchase this attractive 2 bedroom home recently constructed and occupying an enviable position on this sought after development.

Offered for sale on the Shared Ownership Scheme which enables purchasers to start with owning 70% of the property and paying a monthly rental on the remaining share.

Part owning your home can be cheaper than renting and is an excellent way to step onto the property ladder.

Ready for your immediate occupation.

Description

Part own your home - An excellent opportunity to own this property offered for sale on the Shared Ownership Scheme which enables purchasers to start with owning 70% of the property and paying a monthly rental on the remaining share. We have been advised there is a monthly rental of £140.36 (please note, the rent is subject to a rent review in 2025 so the rent figures will be higher – we have not yet had confirmation of the actual amount) and that the properties are leasehold with a monthly service charge of £20.51. We are advised that the property is available to staircase out to 80% over time and we would recommend this is verified during pre-contract inquiries.

The property benefits from High Energy Insulation, Gas Central Heating and Double glazing with spacious accommodation comprising Reception Hall with Cloakroom, Lounge/Dining Room, Kitchen with oven and hob, 2 Bedrooms and Bathroom with shower. Enclosed rear garden and parking.

Part owning your home can be cheaper than renting and is an excellent way to step onto the property ladder.

Please note - We anticipate these properties being of great interest and advise that the Housing Provider operates on a First Come - First Served basis - subject to qualification and acceptance and there is a local connection restriction to Shrewsbury with the Section 106.

Location

The property occupies an enviable position with ease of access to the A5/M54 motorway network. There are excellent local facilities including shops, schools, doctors, supermarkets and a pleasant walk from the Town Centre.

Reception

With useful Utility/Storage cupboard with washing machine and gas central heating boiler.

Cloakroom

With WC and wash hand basin, radiator, window to the front.

Lovely Open Plan Living/Dining/Kitchen

A lovely open space.

Kitchen Area

Fitted with modern range of units incorporating single drainer sink set into base cupboard. Further range of cupboards and drawers with worksurfaces over and having inset 4 ring hob unit with oven and grill beneath and extractor hood over, built in fridge freezer with matching facia panels and matching range of eye level wall units. Peninsular divide to

Lounge/Dining Room

Having window and door to rear garden, media point, radiator.

First Floor Landing

From the entrance staircase leads to First Floor Landing with access to roof space.

Bedroom 1

A fabulous double room With window to the rear, radiator.

Bedroom 2

With two windows overlooking the front with lovely views over open fields and hills beyond. Radiator.

Bathroom

With suite comprising panelled bath with shower unit over, wash hand basin and WC suite. Complementary tiled surrounds, heated towel rail.

Outside

The property occupies an enviable position on the edge of this new development. To the front is a shaped lawn with shrub beds and side pedestrian access to the enclosed rear garden which is laid to paved patio and lawn and enclosed with wooden fencing, outside lighting.

General Information

Tenure
We are advised the property is Leasehold with 125 years from 17 December 2021. Annual service charge and ground rent tbc. We would recommend this is verified during pre-contract enquiries.
Services

We are advised that all main services are connected.
Council tax banding

As taken from the website we are advised the property is in Band B - again we would recommend this is verified during pre-contract enquiries.
Financial services

We are delighted to work in conjunction with the highly reputable `Ellis-Ridings Mortgage Solutions’ who offer free independent advice and have access to the whole market place of Lenders. We can arrange for a no obligation quote or please visit our website where you will find the mortgage calculator.
Legal services

Again we work in conjunction with many of the Counties finest Solicitors and Conveyancers. Please contact us for further details and competitive quotations.
Removals

We are proud to recommend Daniel and his team at Homemaster Removals. Please contact us for further details.
Need to contact us

We are available 8.00am to 8.00pm Monday to Friday, 9.00 am to 4.00pm on a Saturday and 11.00am to 2.00pm on Sunday, maximising every opportunity to find your new hom

Important Notice - Monks for themselves and for the vendors of this property, whose agents they are give notice that:
These particulars provide a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract.
All descriptions, dimensions and distances are approximate, references to state and condition, relevant permissions for use and occupation and other details are provided in good faith and believed to be correct.
No person in the employment of Monks has any authority to make or give any representation or warranty whatever in relation to this property.
Electrical and other appliances mentioned in these particulars have not been tested by Monks. Therefore prospective purchasers must satisfy themselves as to their working order.