Shared ownership
£74,000
2 bedroom terraced house

Sidings Close, Thrapston, Kettering

  • New
  • 2 bedrooms
  • 1 bathroom
  • Distinctive

About the property

Key Features

  • Mid Terrace Modern Home -Two Double Bedrooms
  • 40% Share shared ownership with housing association
  • No Onward Chain
  • Ideal Starter Home
  • Ground floor cloaks/w.c. and fitted kitchen
  • Family bathroom with bath and shower over
  • Lounge/Dining Room with double doors to the rear garden
  • Two allocated parking spaces

Council Tax Band: B

Tenure: Leasehold

  • Number of years left on lease: 115 years
  • Annual service charge: £382
  • Annual ground rent: £0
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

Shared Ownership:

  • Share being sold: 40%
  • Rent payable: £331 per month

Situated on The Sidings Development, on the outskirts of Thrapston, providing easy access to the local amenities and A14, A45 road links. The property has two bedrooms and includes garden, and dedicated parking. Offered as a 40% shared ownership property.

In brief the property is arranged over two floors and comprises: - Hallway, cloakroom/w.c, lounge, /diner, fitted kitchen incorporating with some fitted appliances including fridge freezer, oven, stainless steel hob and space for washing machine. The first floor offers two bedrooms and a family three-piece bathroom, with bath and a shower over.
Outside
Rear: - The rear garden is enclosed with timber fencing, patio area set immediately to the rear of the property with gated access to the rear providing access toward the dedicated numbered parking bays.
Agents Note
The Current share is offered at 40% of the leasehold value. We understand that subject to the terms of the share ownership partner, it would be possible to purchase a greater share during a period of ownership subject to a qualifying period - this is referred to as staircasing to increase the share ownership, with is also reflected in a reduced rent contribution.
The rent balance on the 60% share owned by the housing association Orbit Homes is payable monthly to Orbit homes at £382.01 per calendar month.
We are advised by the owner the lease is 125 years from 2016 (115 years approx. remaining)

Utility supply:

  • Electric Mains Supply
  • Water Mains Supply
  • Heating Gas Central
  • Broadband FTTP
  • Sewerage Mains Supply

Rights and restrictions:

  • Private rights of way No
  • Public rights of way No
  • Listed property No
  • Restrictions No

Risks:

  • Flooded in last 5 years No
  • Flood defences Ask agent
  • Source of flood Ask agent

Floor plan

floorplan

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

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