3 bed town house for sale

Francis Drive, Lockleaze, Bristol BS7

Summary
*** shared ownership *** A brand new shared ownership property in the new development one lockleaze. This three bedroom townhouse offers open plan lving downstairs with utility and cloakroom, upstairs the property boast three double bedrooms and bathroom, enclose rear garden and parking.

Description

Information
£170,000 for 40% Share
Full Market Value: £425,000
Monthly Rent: £425.00
Service Charge: £27.41

To Be An Elgible Person
1. Be first time buyers (or owned with partner previously) and cannot afford to buy on the open market
2. Must demonstrate that they can afford to sustain Shared Ownership requirements i.e. Afford the mortgage and rent etc as shown below
3. Household earnings must not exceed £80,000 per year
4. Must not be able to buy on the open market

How Was Ownership Works
You buy a share of your home and pay rent and a service charge on the remaining share. You can buy bigger shares at a later stage when you can afford to. The more of the property you own, the less rent you pay. You'll need to take out a mortgage to pay for your share of the home's purchase price, or fund this through your savings/cash. Shared ownership properties are leasehold however they do change to become freehold if you get to 100% ownership. Approval needed by Stonewater homes. Remember this scheme is not just for first time buyers

Stonewater
Stonewater is a social housing provider, with a mission to deliver good quality, affordable homes to people who need them most. We manage around
32,500 homes in England for over 70,000 customers, including affordable properties for general rent, shared ownership and sale, alongside specialist accommodation such as retirement and supported living schemes for older and vulnerable people, young people's foyers and women's refuges.

Please Note
We will endeavour to use the photographs of the actual property but may also show pictures of the show home and/or computer generated images. The computer generated impressions of how the property may look are indicative only. External finishes or details may vary on individual plots. Floorplan images may be handed. Build completion dates tbc. Purchasers to buy their own flooring apart for the areas as mentioned in the main description. All images have been provided by Linden Homes.
*Images by Linden Homes*

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.