Shared Ownership
This superb modern home is available to buy from as little as £90,000 with a 40% share!
Situated in a convenient location on Station Road, this well-presented two-bedroom terraced home offers approximately 822 sq ft of bright and well-proportioned accommodation. The ground floor features a spacious reception room, a modern kitchen/dining room and a convenient downstairs cloakroom. Upstairs, the property offers two generous double bedrooms and a contemporary family bathroom, providing comfortable and practical living space throughout. The property also comes with an allocated parking space.
Ideally positioned within easy reach of Calne town centre, the property benefits from a wide range of local amenities including supermarkets, independent shops, cafés, restaurants and leisure facilities. The town also offers excellent access to nearby countryside, walking routes and parks, while the historic cities of Chippenham, Bath and Marlborough are all within easy reach.
For commuters, the nearby A4 and A3102 provide excellent road links to Chippenham, Swindon and Bath, while Chippenham railway station offers direct services to London Paddington, Bristol and South Wales. Combining spacious accommodation with a convenient location and excellent transport connections, this fantastic home is not to be missed.
PRICING & AFFORDABILITY
Full Market Value: £225,000
40% Share Price: £90,000 (rent £119.91pcm)
Minimum 5% Mortgage Deposit (40% share): £4,500
Approximate Service Charges: £37.56pcm*
Shared Ownership Lease: 114 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• You must have lived for 2 years, works for 1 year or have family members who have lived for 5 years or more to purchase this home
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
