Property Summary
John Dyde Close, Bishop's Stortford - 50% Shared Ownership £142,500
Key Features
- 50% SHARED OWNERSHIP
- 2 DOUBLE BEDROOM APARTMENT
- BATHROOM
- OPEN PLAN LOUNGE/DINER/KITCHEN
- SECURE UNDERGORUND PARKING
- GAS CENTRAL HEATING
- UPVC DOUBLE GLAZING
- TOWN CENTRE LOCATION
- STAIRCASING TO 100%
- NO ONWARD CHAIN
SITUATION
The busy market town of Bishop's Stortford offers an excellent range of amenities including multiple shopping facilities, excellent schooling for all ages and many sports and social facilities. The mainline railway station provides connections to London Liverpool Street, Stansted Airport and Cambridge. The M11 intersection just outside of town offers connections to London and the M25 orbital motorway.
COMMUNAL ENTRANCE
Secure door with entry phone, lift and stairs rising to all floors.
ENTRANCE HALL
2 x large storage cupboards, secure entry phone, laminate flooring, inset spot lights, door to
LOUNGE/DINER - 3.50m x 4.50m) (11'5" x 14'9"))
UPVC double glazed French doors leading to a Juliet balcony, T.V. point, telephone point, radiator, opening to:
KITCHEN - 3.50m x 3.00m (11'5" x 9'10" )
Fitted with a modern range of base and eye level units with complementary working top surfaces over, inset stainless steel sink with mixer tap, tiled splash backs surround, built-in oven, inset electric hob with chimney style extractor fan over, space for fridge/freezer, space and plumbing for washing machine, cupboard housing gas boiler, tiled flooring, UPVC double glazed window to the side aspect.
BEDROOM 1 - 4.36m x 3.36m (14'3" x 11'0" )
UPVC double glazed window to the front aspect, T.V. point, radiator, opening to:
DRESSING AREA
Space for fitted wardrobes, radiator
BEDROOM 2 - 3.25m x 2.60m (10'7" x 8'6" )
UPVC double glazed window to the front aspect, radiator.
BATHROOM
Low flush WC, pedestal wash hand basin with tiled splash backs and shelf over, panel enclosed bath with shower attachment and fully tiled walls, wall mounted corner cupboard with mirrored door, tiled flooring, shaver point, extractor fan, chrome heated towel rail.
OUTSIDE
Communal gardens running along side the River Stort.
PARKING
Allocated secure underground parking space and further visitors parking available.
LEASE DETAILS
Rent: £296.04 P/M
Service charge: £205.26 P/M
Lease: 109 years remaining
LOCAL AUTHORITY
East Herts District Council
Tax Band: C
£1,956.15
AGENT'S NOTE
Before viewing this property you have to have completed a free financial assessment with TMP. Please visit www.tmpmortgages.co.uk to complete the assessment.
Potential purchasers must earn less than £80,000 per year (£90,000 in London) you must be 18 or older. and cannot be a homeowner.
SHARED OWNERSHIP
Shared ownership is a great way on to the property ladder. You buy an initial share of a home ranging from 25% to 75% of its value – and have the option to own your home outright in the future.
Buying through shared ownership means you need a smaller mortgage and, therefore, a smaller deposit than if you were buying on the open market.
In addition to your mortgage, you pay a subsidised rent on the share of your home you don’t own. This rent is usually capped at 2.75% of the property value.
And, whenever you want, you can buy bigger shares in your home until you own 100% – this is known as staircasing.
AGENT'S NOTE
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
