2 bed end terrace house for sale

Canal Close, Newport, Shropshire TF10

Please Quote Reference Code: MG1274

This well-presented 2-bedroom end terrace family home is conveniently located close to highly regarded schools and excellent commuter links.

The property is available on a 50% shared ownership basis, with the remaining share owned by Homes Plus and there is the option to staircase up to 80% ownership (terms and conditions apply). The accommodation is spacious and well proportioned throughout, complemented externally by a good-sized rear garden and allocated parking providing off-road parking for two vehicles.

Please note: Shared ownership is a government-backed scheme. All prospective purchasers must complete he Wrekin Housing Group online eligibility form prior to viewing or making an offer.

Located within the historic Market Town of Newport having easy access to boutique shops, bars and restaurants as well as all of your necessary amenities including two large super markets. There is excellent access to the surrounding Shropshire Countryside as well as connections further afield along the A41 to both the M54 and M6 as well as neighbouring towns including Telford and Stafford.

-The share available for sale is 50%.
-Share purchase price: £115,000
-Monthly rent: £288.38

The annual rent is approximately 3.15% of the £110,000 share retained by the landlord.
If you reach 80% ownership, which is the maximum allowed, rent will remain payable on the 20% share you do not own.
Every month, in addition to your rent, you will pay:
-Leasehold estate charge: £12.86
-Buildings insurance: £8.33
-Leasehold management charge: £1.25
-Reserve or sinking fund payment: £0.00
-Other service charges: £0.00
-Total monthly payment excluding rent: £22.44
-Total monthly payment including rent: £310.83
-These charges apply for 2026/27 and will typically be reviewed annually.

Local connection and order of priority
Applicants must be in housing need and meet affordability requirements. Priority applies in this order:
• residents of the Newport Town Council area
• people with a local connection to the Newport Town Council area
• residents of adjoining parishes within Telford & Wrekin
• people with a local connection to those adjoining parishes
• residents elsewhere in Telford & Wrekin
• people with a local connection elsewhere in Telford & Wrekin
A Newport local connection includes residence or employment in the area for at least three of the last five years, or a strong connection through close family, previous residence, permanent employment, or giving or receiving care. Close family includes a parent, grandparent, adult child, grandchild or adult sibling who has lived in the area for at least three years.

We endeavour to make our sales particulars as accurate and reliable as possible; however, they do not constitute or form part of an offer or contract, nor can they be regarded as representations or relied upon as statements of fact. All interested parties must verify the accuracy via their solicitor, who will check any relevant lease information, related charges, parking, ground rents, fixtures/fittings, rights of way/access, permissions for extensions/conversions, and required planning/building regulations. Appliances have not been tested, and interested parties may want to have them checked by a professional. The floorplan is not to scale, and its accuracy or measurements cannot be confirmed; all interested parties should consult their surveyor should they want verification of the floorplan or plot size. All interested parties should seek the advice of their surveyor in relation to the building structure.

We offer a range of services designed to help with the moving process, where we may earn a fee for referring these services. There is no obligation to use any of these services, and if you choose to use a service which we recommend, such as a licensed conveyancer or a mortgage broker, then we will disclose to you at that time the fact that a referral arrangement exists and they will advise the amount of any referral fee to be paid to us. Regardless of this arrangement, their services remain wholly independent of you. Please note that aml (anti-money laundering) checks are a legal requirement to proceed with a sale/purchase of a property, and these are done through our partnered company Movebutler/Iamproperty at a cost of £30 inclusive of VAT per applicant.