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£110,000

SY7 9AE

  • 2 beds
Flat

£110,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£502 per month

Minimum deposit amount:

£5,500
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The property is subject to a restrictive covenant with regard to any future purchaser needing to have a local connection to Craven Arms and be in housing need, but they also need to be unlikely to meet his or her housing needs without some assistance and have insufficient income to purchase a property locally. The purchaser will also need to meet three of the local connection criteria which are; 1. His or her parents were permanent residents in the area at the time of his or her birth 2. He or she was a permanent resident in the area for a period of five years as a child and attended a local school 3. He or she is currently lawfully living in the area and has been for at least the last three years 4. He or she doesn’t currently reside in the area but has previously done so at some point for 15 continuous years as an adult (they would have to be aged over 33 to qualify) 5. He or she is currently employed in the area or routinely carries out self-employed work within the area 6. He or she has a confirmed written offer of permanent work within the area which he or she cannot accept unless they are a resident in the area 7. He or she has a parent currently living in the area 8. If aged over 55 he or she has a close family member currently living in the local area (Close family member is defined as parent, grandparent, child or step child, son/daughter in law, grandchild, brother, sister, uncle, aunt, nephew or niece) 9. He or she has the support of Craven Arms Town Council or he or she have satisfied Shropshire Council they are a key worker who is essential to their employers future business or service When the term ‘area’ is used above this is the administrative area of Craven Arms Town Council or a five-mile radius of the site. For clarification to ensure you met the above criteria please contact Claire Hughes at Right Home Right Place on 01743 254609 or [email protected]. There is a ground rent payable at the property of £8.60 per month and a monthly service charge of £28.95, which is payable to the Stonewater Housing Association. There is 130 years remaining on the lease. The property is within level walking distance of the town’s amenities. The market town of Craven Arms is located on the A49 carriageway between Shrewsbury and Hereford. The town lies in the valley of the River Onny on the edge of the Shropshire Hills Area of Outstanding Natural Beauty. The town benefits from a railway station linking north to Shrewsbury, Crewe and Manchester, and south to Ludlow, Hereford, Cardiff and Swansea as well as local bus links. Local amenities include, a Post Office, Nursery and Primary Schools, a Doctors Surgery and Dental Practice, two Public Houses, a large Supermarket and many convenience stores amongst other light commercial businesses.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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