£262,500
2 bed end terrace house for saleThiepval Drive, Tonbridge TN11
2 beds
1 bath
1 reception
EPC Rating: B
Added on
About this property
Guideline Minimum Deposit £26,250
Guide Min Income Dual £59.7k | Single £68.7k
Two Storey, End of Terrace House
Approx. 824 Sqft Gross Internal Area
Spacious Kitchen
Two Good-Sized Double Bedrooms
Bathroom plus Downstairs WC
Very Good Energy Efficiency Rating
Rear Garden
Parking Space
Shared ownership (Advertised price represents 70% share. Full market value £375,000). An attractive and smartly-presented property which forms one end of a three-house terrace. There is a cloakroom/WC just off the entrance hall, a spacious kitchen and a good-sized reception/dining room. Patio doors open onto a rear garden with paved seating area and timber shed. On the first floor of the house are two full-width double bedrooms and a stylish bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. The property comes with a parking space and Tonbridge town centre can also be reached via bus or by brief bike ride. Bishop Chavasse Church of England Primary School, which is just minutes away, is Ofsted-rated 'Good' and there are several highly-rated secondary schools in the surrounding 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: Clarion.
Tenure: Leasehold (125 years from 24/06/2017). Freehold transferred on 100% ownership.
Share Available: 70% (£262,500).
Shared Ownership Rent: £306.71 per month (subject to annual review).
Service Charge: £53.72 per month (subject to annual review).
Guideline Minimum Income: Dual - £59,700 | Single - £68,700 (based on minimum share and 10% deposit).
Council Tax: Band D, Tonbridge & Malling 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.
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.
Kitchen
12' 0" x 7' 3" max. (3.66m x 2.22m)
Reception Room
15' 3" x 14' 9" (4.66m x 4.49m)
Garden
Approximately 39' 4" x 16' 9" (12.00m x 5.10m)
Bedroom 1
14' 9" x 12' 2" max. (4.50m x 3.71m)
Bathroom
7' 3" max. X 6' 5" max. (2.21m x 1.96m)
Bedroom 2
14' 9" x 10' 6" max. (4.49m x 3.19m)
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Tenure
Leasehold (115 years)
Service charge
£645
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
70%
Shared ownership rent
£307 per month
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