King Close, Keinton Mandeville, Somerton, TA11

£99,000

Guide price

  • Bedrooms: 3
SUMMARY

LAST THREE BEDROOM HOME! This brand new home is offered to the market on a shared ownership basis available from a 40% share. BE QUICK!

DESCRIPTION

'Lakeview' is a unique new homes development with a difference, designed to reflect and complement its Somerset village surroundings. The properties we have to offer are available on a shared ownership basis. Plot 36 is a 3 bedroom terraced family home, register your details before it is too late. Build completion due August/September 2020.

All homes come complete with a modern fitted kitchen including cooker, hob and extractor hood. A contemporary bathroom and WC. All homes have gas central heating and double glazed windows. 2 Allocated parking spaces with 1 charging point. Turfed rear garden.

Location

Keinton Mandeville sits midway between the market towns of Somerton to the West, and Castle Cary to the East. It dates back to the Roman times and owes its growth to the local "Blue Lias" stone and its easy accessibility from London to the South West.

The village has a population of around 1,000 people and has a local store, village pub and other amenities as well as Keinton Mandeville Primary School which is located near the centre of the village and achieves some of the highest academic standards in the area. The village hall is the hub of the community and regularly hosts adult education classes, Pilates, short mat bowling, Sea Scouts, Brownies and a daily doctor's surgery.

The land around Keinton Mandeville is mixed agriculture with five farms surrounding the village - two providing popular farm shops. There are also playing fields with children's play area, tennis court and a skateboard park - making Keinton Mandeville a wonderful and vibrant place to live.

How Does It Work?

You buy a share of your home (usually between 40% and 75% of the home's value) and pay rent and a service charge on the remaining share. You can buy bigger shares at a later stage when you can afford to. You'll need to take out a mortgage to pay for your share of the home's purchase price, or fund this through your savings/cash. Shared ownership properties are leasehold however they do change to become freehold if you get to 100% ownership. Approval needed by Stonewater homes and help to buy.

Purchase Details

Price displayed for a 40% share, with rent and other rates payable thereafter. Prospective purchasers will need to purchase the maximum that is affordable to them with the minimum percentage share of 40%.

The criteria that must be met in order to qualify for a Shared Ownership Property are:

1. Be registered with Help to Buy

2. Be first time buyers (or owned with partner previously) and cannot afford to buy on the open market. Not investor buyers.

3. Must demonstrate that they can afford to sustain Shared Ownership requirements i.e. afford the monthly outgoings as below.

4. Household earnings must not exceed £80,000 per year.

Please Note

We will endeavour to use the photographs of the actual property but may also show pictures of the show home and/or computer generated images. The computer generated impressions of how the property may look are indicative only. External finishes or details may vary on individual plots. Floorplan images may be handed. Build completion dates TBC. Purchasers to buy their own flooring apart for the areas as mentioned in the main description.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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 and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view 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.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Arrange viewing 01935 321227

Fox & Sons - Yeovil

14 Princes Street, YEOVIL, Somerset

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