Ravenhill Close, Brereton, Rugeley, WS15 1UA, 3 bedroom, Semi Detached

Property Description

50% shared ownership property

We are pleased to market this good sized family home in need of upgrade and refurbishment

Location & Lifestyle:

Positioned in Ravenhill Close this family home is ideally located for the local schools and amenities. Enjoy the convenience of being within walking distance to the award-winning Brereton & Ravenhill Park, a haven for outdoor enthusiasts. The park offers a range of exciting outdoor activities and a serene environment for families to explore and enjoy. In addition the Trent & Mersey Canal towpaths are a short stroll away, providing an idyllic setting for leisurely walks, jogging, cycling, and enjoying the scenic beauty of the canal.

Living Space:

Entrance Hall
Lounge
Dining Kitchen
Downstairs WC
Three Bedrooms
Shower Room
Off-road parking
Gardens

In summary, this home offers a fantastic opportunity to step onto the housing ladder, subject to eligibility. Although in need of upgrade it is a chance for someone to make this property their home.

EPC rating to follow

Tenure: Leasehold (see notes on the shared ownership)

EPC rating D

Tenure: Leasehold (see notes on the shared ownership)

Lease Start Date: 30/7/1997

Lease End Date: 25/06/2096

Lease Term: 99 years from 25 June 1997 plus an extra 90 years from 2025

Lease Term Remaining: 161 years

Council Tax B - Brereton & Ravenhill Parish Council - Cannock Chase District Council

AGENTS NOTES:

This is a shared ownership property
A minimum share of 50% is available to purchase for £90,000
A monthly rent payment is also payable of £221.42 per month including the buildings insurance and service charge. Additional shares may be purchased up to 100% of the value which, at that point, the property would become a FREEHOLD.
Shared ownership is a government funded scheme. Any purchaser must register with

Platform Housing Group by filling in a form which is available from our office. They will assess eligibility for shared ownership by referring to Metro Finance.
To qualify for shared ownership a purchaser must:

- Have a household income under £80,000 per year
- Not be in ownership of another property

IDENTIFICATION CHECKS - C - Identification Checks - C - Should a purchaser(s) have an offer accepted on a property marketed by C residential they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £36.00 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.

Key features

NO UPWARD CHAIN
SHARED OWNERSHIP PROPERTY
IDEAL LOCATION FOR FAMILIES

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