£141,000
3 bed terraced house for saleCavendish Road, Sunbury-On-Thames TW16
3 beds
1 bath
1 reception
EPC Rating: D
- Shared ownership
- Leasehold
Urban Moves
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About this property
Guideline Minimum Deposit £14,100
Guide Min Income Dual £46k | Single £52.5k
Two Storey, Three Bedroom, Mid Terrace House
Approx. 844 Sqft Gross Internal Area
Reception plus Kitchen/Dining Room
Double Glazing and Gas Central Heating
Front and Rear Gardens
Walking Distance from Sunbury Station
Shared ownership (Advertised price represents 30% share. Full market value £470,000). A great chance to buy a three-bedroom, shared-ownership family home. This mid-terrace property has been extensively redecorated by the current owner and now features an attractive new kitchen plus changes to the bathroom and various other updates including repainting internally and externally. There is a reception room with fireplace and a doorway leading through to the kitchen/dining room. From here a small, rear hall provides access to the naturally-lit bathroom and to a south-facing garden with outside storage. On the first floor of the house is a large main bedroom plus a second good-sized double and a smaller third bedroom. Sunbury, for rail services between Shepperton and Waterloo, is within comfortable walking distance and there is a shopping centre and large supermarket close to the station. The nearby primary school is Ofsted-rated 'Good' and there are several other highly-rated primaries in the local area.
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.Tenure: Leasehold (125 years from 07/01/1994).
Minimum Share: 30% (£141,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £557.91 per month (subject to annual review).
Service Charge: £90.17 per month (subject to annual review).
Guideline Minimum Income: Dual £46,000 | Single £52,500 (based on minimum share and 10% deposit).
Council Tax: Band D, Spelthorne Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. There is no parking space offered with this property however we understand on-street parking is available.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Lounge
13' 9" max. X 12' 9" max. (4.19m x 3.89m)
Kitchen/Dining Room
17' 4" x 8' 9" (5.28m x 2.67m)
Garden
Approximately 50' x 17' 5" (15.24m x 5.31m)
Bedroom 1
17' 4" max. X 9' 9" max. (5.28m x 2.97m)
Bedroom 2
12' 1" max. X 9' 4" max. (3.68m x 2.84m)
Bedroom 3
8' 6" x 7' 5" (2.59m x 2.26m)
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More information
Tenure
Leasehold (93 years)
Service charge
£1,082
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
30%
Shared ownership rent
£558 per month