TENURE: To be advised
SHARED OWNERSHIP Two bedroom semi-detached house available to purchase from a 75% share at 176,250 with a deposit of 8,812.50. Full market value 235,000. Call today to arrange your viewing of this stunning home!
A two bedroom semi-detached home situated on the popular development of Wyedean Fields in Sedbury, near Chepstow.
This is a rare opportunity to buy a two bedroom shared ownership home in this charming village which lies on the banks of the River Wye in The Forest of Dean District, yet a short distance from Chepstow, Bristol and Cardiff.
The property has been cleverly designed with contemporary living in mind and yet built in a traditional style. The well planned accommodation includes an entrance hall, ground floor cloakroom, a contemporary kitchen/dining room/living room with chrome handles and soft close cupboards, laminate worktops with matching upstands, stainless steel splash back to hob, stainless steel 1 bowl sink with chrome mixer tap, stainless steel multi-function oven, ceramic hob and stainless steel chimney hood, two generous bedrooms and a contemporary bathroom. Outside the property benefits from two allocated parking spaces and a front and enclosed rear garden with patio and lawn. In addition there is gas central heating and uPVC double glazing and the benefit of a 10 year NHBC
Full market value: 235,000
75% share value: 176,250
5% deposit: 8,812.50
Rent charged on un-owned share: 2.75%
Rent on un-owned share (25%) 134.64 per month
Estimated monthly service charge: 45.67
Wyedean Fields is conveniently situated within 300 metres of the local shops and school and less than a mile from Chepstow town centre, which offers excellent shopping and leisure facilities, main line train station, Castle and the famous Chepstow race course.
Sedbury is the location of Wyedean School one of the schools attended by author J.K.Rowling and Offa's Mead Academy. The Wye valley and Forest of Dean, an Area of Outstanding Natural Beauty, are close by and provide endless walks and recreational activities.
The M48 is less than two miles and provides fast access to the motorway network including the M4 and M5 for travel to Cardiff, Bristol, London and beyond. The Brecon Beacons, The Cotswolds and the coast are all within easy reach. Offa's Dyke, one of the greatest national trails in Britain, is on your doorstep and the Rive Wye offers a multitude of activities for the water sports enthusiast.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change