3 bed semi-detached house for sale

Erlestoke Close, At Sandbourne Gardens, Bewdley DY12

Modern three bedroom home in Sandbourne Gardens offering balanced living space, private garden, practical layout and access to Bewdley amenities, available through shared ownership.

Description

The ground floor provides a central hall, cloakroom, living room and a separate kitchen dining room, fitted with Nordic Blue units and Carbon Steel worktops. Upstairs includes three bedrooms, plus a family bathroom. A unique opportunity to secure a brand new home through a part buy part rent scheme allows purchasers to acquire a 40% share initially, with scope to increase ownership to 100% after one year as rent reduces proportionately. With a monthly rent of £389.86 on a 40% share, including buildings insurance and administration, this Community Housing Group initiative supports buyers seeking an affordable route onto the property ladder.

• Contemporary three bedroom house within Sandbourne Gardens development.

• Generous living room and kitchen dining arrangement supporting daily life.

• Rear garden laid to lawn ready for outdoor use.

• Parking provisions set within the wider development layout.

• Positioned in Bewdley with access to local services and routes.

Qualification eligibility criteria.

Applicants are not eligible to join the Home Choice Plus housing register unless they met the qualifying criteria of a close association outlined below.

In determining whether the household has a close association we will agree a connection exists in the following circumstances.

Where the local connection arises due to residency the applicant(s) must have lived in the partnership area by choice for a minimum period of two years.

Where the applicant(s) meets any of the statutory homelessness definitions included in the allocations policy.

Where the local connection arises due to employment and the applicant(s) have been in permanent, paid employment for a minimum period of six months, within one of the Local Authority areas included in the Partnership, immediately prior to the application.

Where the applicant(s) has a close immediate family member living in the hc+ partnership area and has done so for a minimum period of five years, immediately prior to the application.

Where the applicant has resided in the Partnership area for three out of the last five years at the point of application.

Eligibility.

To be eligible for shared ownership you need to be over the age of 18.

Be unable to buy on the open market.

Not already own a property unless in exceptional circumstances.

Be able to raise a mortgage to cover the share you wish to purchase.

Be able to afford to pay the remaining rent and bills etc.

Have enough saved to cover the mortgage and legal fees and any additional moving costs.

Do not earn in excess of £80,000 per annum.

Be registered on HomeChoice plus Housing Register. You can apply online at

How to apply.

To apply for one of the Community Housing Group properties you need to complete an application form and an income and expenditure statement.

Application.pdf .

IncomeAndExpenditure.pdf .

You need to provide documents to support your application, please use the checklist to ensure you have provided everything that is applicable.

ApplicationChecklist.pdf .

Register on our housing register

You will then be issued with a letter which we will require sight of, then email your supporting documents to

The Community Housing Group will then assess your application. This normally takes around a week. A financial assessment will need to be undertaken by our nominated financial advisor prior to your application being assessed.

Location

Location.

Nestled on the banks of the River Severn, Bewdley is a picturesque Georgian town known for its character, riverside setting, and proximity to the Wyre Forest. The historic centre offers a selection of independent shops, pubs, cafés, and restaurants, with further amenities available nearby in Kidderminster.

Families benefit from several well regarded schools, including St Anne’s C of E Primary School, Bewdley Primary School, and The Bewdley School, along with independent options in Kidderminster and Worcester.

Transport links are convenient, with Kidderminster station around 3 miles away offering services to Birmingham, Worcester, and onward connections to London. The A456 and A449 provide easy access across the Midlands, and the M5, M42, and Birmingham International Airport are all within comfortable reach.

Services

The property benefits from mains electricity, water and drainage, with heating provided via an air source heat pump, underfloor heating to the ground floor in place of radiators, and the added convenience of EV charging.

Broadband Speed tbc.

Mobile Coverage tbc.

Flood Risk long term forecast tbc.

The Council Tax for this property is tbc.

Fees

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the Buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues which individually are more than 1% of the agreed purchase price and are highlighted in a survey and were not evident or drawn to the attention of you, the Buyer, prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.

The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property. The reservation fee will not be refunded where there is an inability on the part of the Buyer to raise any required mortgage after the Memorandum of Sale is completed.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.