3 bed terraced house for sale

Gascoigne Park, Milborne Port, Sherborne DT9

Summary
only three available! This stunning home is offered to the market on a shared ownership basis available at a 40% share. Shared ownership!

Description
The rare opportunity to be able to purchase plot 30 which is a 3 bedroom brand new shared ownership home, with two parking spaces. Situated on a sought after development.

Gascoigne Park is located in the charming village of Milborne Port, approximately 4 miles from the historic town of Sherborne. Sherborne has plenty of shops, cafes, and restaurants, as well as a mainline railway station with direct trains to London and other major destinations, making travel easy and convenient. The new homes at Gascoigne Park are also close to local shops and places to eat in Milborne Port itself, so everything you need is just a short walk away. This is a great opportunity to live in a welcoming community with good transport links and nearby amenities.

All homes are energy-efficient, featuring EV Charging points and Air Source Heat Pumps.

Plot 30,7 Barton Close, Milborne Port, DT9 5FL
Open market - £320,000
45% share- £128,000
Rent - £400.00
Service charge - £27.66
Buildings Insurance: £14.82

get in touch today!

Location
Gascoigne Park is located in the charming village of Milborne Port, approximately 4 miles from the historic town of Sherborne. Sherborne has plenty of shops, cafes, and restaurants, as well as a mainline railway station with direct trains to London and other major destinations, making travel easy and convenient.

The new homes at Gascoigne Park are also close to local shops and places to eat in Milborne Port itself, so everything you need is just a short walk away. This is a great opportunity to live in a welcoming community with good transport links and nearby amenities.

What Is Shared Ownership?
You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

It does not mean that you have to share your home with anyone! Not just for first time buyers!

Am I Eligible?
You will need to confirm that you are able to raise enough money (normally with a mortgage) to purchase the share that you own. A monthly rent is then payable on the remaining share, as well as a monthly buildings insurance and service charge fee, which services communal areas in and around your home.You must also satisfy the local connection.

Local Connection
Occupation of each Affordable home shall be limited to an Eligible Person with a local connection to the former district of South Somerset or in the event that no one meets this those with a local connection to Somerset will be considered, which shall be demonstrated by one or more of the below criteria:

- Is ordinarily resident in the former district of South Somerset
- Is employed or has secured employment within the former district of South Somerset
- Has been resident in the former district of South Somerset for periods totaling at least 2 of the last 5 years
- Has family associations within the former district of South Somerset
- Is qualified to move to the former district of South Somerset pursuant to a mobility scheme in which the Council is a participating authority
- An Eligible Person
- A person otherwise approved by the Council in writing
- The widow or widower of any persons that meet the above criteria
- Any members of the householdor dependents of any person that meets the above criteria
- Any licensee or invitee residing with any person that meets the above criteria

Who Is Livewest?
"At LiveWest, we believe in a home for everyone. We own and manage over 40,000 homes across the South West, from Cornwall to Gloucestershire. We have ambitious plans to invest £1bn in the South West economy and to build 5,000 new affordable homes in the region over the next five years. Safety in our homes remains our number one priority. This is part of LiveWest taking huge steps towards alleviating the region’s housing shortage, in an area of high housing need as well as high house prices which makes accessing housing particularly challenging for many families.

We were formed in March 2018 through the merger of Knightstone Housing and DCH, and since then we have built on the best of both organisations. We have recently invested in new build offices in Exeter and Tolvaddon to complement our Weston-super-Mare office, where we are also making major investment. Combined with touchdown points for our many mobile workers, our aim is to offer a contemporary working environment with an emphasis on building a shared culture.

We are a member of Homes for the South West, a group of the largest developing housing associations in the South West, making the case for investment in our region.

Please Note
We will endeavour to use the photographs of the actual property but may also show pictures of the show home, similar plots and/or computer generated images. Our virtual/360 tours will be of the development show homes. Floorplan images may be handed.

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.