Semi-detached house for sale in Tewkesbury Road, Twigworth, Gloucester GL2

Welcome to Reed Close, Twigworth - a charming location for this stunning new build semi-detached house. As you step inside, you are greeted by a spacious reception room, perfect for entertaining guests or relaxing with your family. With four bedrooms, there's ample space for everyone to have their own sanctuary. The property boasts a modern bathroom, ensuring convenience for all residents.

One of the standout features of this property is the inclusion of solar panels, a fantastic eco-friendly addition that not only helps the environment but also reduces your energy bills. Parking will never be an issue with space for two vehicles, providing ease and convenience for you and your guests.

This property offers shared ownership, making it an affordable option for those looking to step onto the property ladder. Additionally, floor coverings are provided, saving you the hassle of having to install them yourself.

Don't miss out on the opportunity to own this beautiful home in Reed Close. Book a viewing today and envision the life you could create in this wonderful property.

How Does Shared Ownership Work?

If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.

The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.

For legal reasons, while you are only buying a part-share of the property, you will have a leasehold interest of 990 years where the scheme allows. However, you may buy further shares. This is called ‘staircasing’, and may
eventually progress to outright ownership.

Shared Owners Information

Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.

Omv - £355,000

25% Share - £88,750
Rent on remaining share - £610.16 pcm (please note the rent element of this payment will increase every April)
Service Charges and Buildings Insurance - £46.87pcm

You must successfully register with Two Rivers Housing, have a mortgage in principle and have a local connection to the area.

Rooms Sizes

Brand new 4 bed house comprising of lounge, kitchen/diner, WC, 4 bedrooms, bathroom, allocated parking and rear garden.

Room sizes are approximate as these properties are under construction.
Ground Floor:
Lounge 457 cm (max) x 416cm
Kitchen / Diner 442cm x 433cm
Downstairs W/C

First Floor:
Bedroom 1: 343cm x 421cm
Bedroom 2: 315 cm x 331cm
Bedroom 3: 206cm x 321cm
Bedroom 4: 235cm x 321cm
Family bathroom with shower over bath

Disclaimer

All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. Water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Services

All mains services are connected.

Artist Impressions

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale.

Two Rivers Housing

TwoCan Estate Agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of TwoCan and the Centigen brand.