1 bed bungalow for sale

Draycott Avenue, Rothley, Leicestershire LE7

William. Is delighted to offer this unique and well presented one double bedroom, modern bungalow to market.

** please note: This property is being sold on A shared ownership scheme **

** The Price is fixed at £99,000 and reflects a 55% share **

Please see further information under the "Shared Ownership" section below

All potential purchasers must follow a Formal Application Process administered via Heylo Housing to confirm eligibility. William. Can provide full details upon request.

Built in 2018 and located in the ever popular village of Rothley the property boasts versatile, modern accommodation and has been tastefully decorated throughout, with accommodation comprising: Entrance hall, open plan kitchen /living room with a modern kitchen, spacious living area, generously proportioned double bedroom and contemporary bathroom. Externally, there are front and rear gardens, the fully enclosed rear garden is ideal for outdoor entertaining and has ample space for a large storage shed. There is also a private driveway to the font of the property.

Surrounded by charming countryside, Rothley has a range of local amenities including local stores and supermarket, pubs, restaurants and takeaways. The location also offers quick access to a variety of road links to Loughborough, Leicester, Nottingham and Derby via the A6, A46 and M1 Motorway and further rail links to Nottingham, Leicester from neighbouring Barrow upon Soar & Sileby stations and London St Pancras from nearby Loughborough train station.

Viewing of this property cannot be recommended highly enough to fully appreciate the location and level of accommodation throughout and are to be arranged directly via William. Property and are strictly By Appointment Only.

Shared Ownership

This property is being marketed on a Shared Ownership scheme with a 55% Share available for the fixed price of £99,000

As a Shared Ownership Property, monthly rent will also be payable in addition to any mortgage payments you may have. A breakdown of the monthly rental figures (provided below by Heylo Housing at the time of listing) can be seen below:

Monthly Rent = £207.08
Monthly Lease Management Fee = £26.23
Monthly Buildings Insurance =£7.19

Total Monthly Payment = £240.50 (Please Note: This will be in addition to any monthly mortgage payments)

All potential purchasers must follow the strict application process set out by Heylo Housing to confirm eligibility which will include the requirement of a Hard Credit Check being completed.

Key Eligibility Criteria:

•Buyers must be at least 18 years old
•Buyers must have a total household income under £80,000
•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

William. Can provide full details of the eligibility criteria, process and relevant links/documents upon request.

Accommodation

Entrance Hall (2.88 x 1.55 (9'5" x 5'1"))

Inviting entrance hall, with separate doors giving access to all living accommodation and a useful storage cupboard.

Kitchen / Living Area (6.95 x 3.68 (22'9" x 12'0"))

The bight and spacious open plan kitchen and living area is a fantastic space for entertaining. The kitchen boasts a range of contemporary wall and base mounted units with contrasting worksurfaces over, Appliances include: Stainless steel Hotpoint Oven with gas hob and extractor over, space for full sized fridge/freezer and plumbing for washing machine/dryer. A stainless-steel sink/drainer is set beneath a large picture window with views to the front elevation.

The living area is set towards the rear of the property, with large windows and French doors to rear the elevation giving direct access to the private rear garden. There is a TV aerial point and multiple electrical sockets and ample space for large items of furniture/storage.

Bedroom (3.68 x 3.46 (12'0" x 11'4"))

Set at the rear of the property, the main bedroom is very well proportioned with a large picture window to the rear elevation. An internal door gives access to a built in wardrobe and there is ample space for further free-standing or fitted storage to be added as required.

Bathroom (2.05 x 1.98 (6'8" x 6'5"))

The modern bathroom boasts a contemporary three-piece suite comprising: Full length bath with shower over and glass screen, pedestal sink with tiled splashback, low level WC and wall mounted storage unit and towel rail.

Outside

Driveway / Parking

Located directly outside the property, the private tarmac driveway provides parking for one vehicle. If required, additional visitors parking is available nearby.

Rear Garden

The private rear garden is fully enclosed with timber fencing. The garden is split level, with two arears of lawn separated by steps with a slabbed path and gravel borders. There is also space for a large storage shed.

Disclaimer

These particulars are set out as a general outline in accordance with the Property Misdescriptions Act (1991) only for the guidance of intending purchasers and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers or third parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Tenure and lease details cannot have their accuracy guaranteed for intending purchasers. Lease details, service, maintenance & ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.

No person employed by William. Property has any authority to make any representation or warranty whatever in relation to this property. Purchase prices or other prices quoted are correct at the date of publication and, unless otherwise stated, exclusive of VAT. Intending purchasers must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property.