2 bed semi-detached house for sale

Swan Close, Cheddar, Somerset BS27

This bright modern two bedroom semi-detached house is now available in Cheddar through Shared Ownership.

The property comprises of a living room, a fitted kitchen with a dining area, two good sized bedrooms, a bathroom and a WC.

Outside there is a private rear garden and allocated parking. Perfect for couples and small families.

Holwell Lane properties are subject to a Local Lettings Policy agreed by the landlord and Sedgemoor Council. Priority will be given to applicants with a local connection to Cheddar, followed by neighbouring parishes, and then Somerset/North Somerset.

Available for £104,000 for 40% share based on the marketing figure of £260,000.

Monthly rent - £216.41
Monthly Service Charge - £46.70
Total Monthly Charge - £263.11 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is located in a newly formed residential estate. It is close to the countryside, the local reservoir, perfect for taking long walks and enjoying the outdoor nature.

The property is a 30 min walk to the town centre. It has convenient access to local transport routes, including nearby bus links and the M5 motorway.

EPC rating

Energy rating band - B

Environmental impact band - A

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.