Property description
*55% via shared ownership scheme*Built in 2018 Marks & Mann are delighted to offer to the market this Three Bedroom Semi-Detached house, located in the village of Cretingham. The property further boasts from a fitted kitchen, ground floor cloakroom, open plan living area, three bedrooms, family bathroom and two allocated car parking spaces.Cretingham is a delightful village in the English county of Suffolk. It is on the River Deben, 2 miles south off the popular A1120 road. Also located only 4 miles from Framlingham and 8 miles from Woodbridge. Added to this, Cretingham has a decent pub, the Bell, and is also host to St Peters Church. It is pleasant to wander through the lanes that connect Cretingham with neighbours Framsden, Brandeston and Kettleburgh.
Entrance Hall
Entrance via double glazed door, radiator, doors to:-
Downstairs Cloakroom
1.94m x 0.90m (6' 4" x 2' 11") Double glazed window to front, vinyl floor covering, radiator, low level W/C and hand wash basin.
Open Plan Kitchen Area / Living Area & Diner Area
8.38m x 5.10m (MAX) (27' 6" x 16' 9") (MAX)
Kitchen Area
Dual aspect double glazed windows to side and front, fitted kitchen with fitted breakfast bar offering some separation between the two areas, single oven, four ring hob with cooker hood over. space for washing machine and fridge/freezer, vinyl floor covering.
Lounge Area
Dual aspect double glazed windows to side and rear & double glazed French doors leading to the garden, laminate floor covering.
Under Stairs Cupboard
Generous storage space, lighting
First Floor Landing
Bedroom One
3.96m (MAX) x 2.94m (13' 0" (MAX) x 9' 8") Dual aspect double glazed windows to front & side, radiator.
Bedroom Two
4.36m x 2.55m (14' 4" x 8' 4") Dual aspect double glazed windows to rear & side, radiator.
Bedroom Three
2.88m x 2.43m (9' 5" x 8' 0") Double glazed window to rear, radiator.
Bathroom
2.01m x 1.94m (6' 7" x 6' 4") Double glazed obscured window to front, vinyl floor covering, radiator, contemporary style bathroom suite comprising panel bath with shower, low level W/C and hand wash basin.
Outside
Front Garden
Paved path leading to front door and round to side gate leading to rear garden, laid to lawn with post and rail fencing, allocated block paved parking for two cars.
Rear Garden
Patio area, laid to lawn, enclosed by fencing with side gate lead top front garden.
Agents Note
Potential buyers can purchase additional shares from Orwell Housing Association. If 100% of the property is purchased the buyer will remain a leaseholder not a freeholder.
If purchasing the shared owner’s share in the property, the following applies:-
55% share the shared owner is selling £137,500
The remaining 45% share of £112,500 has a rent payable of £276.80 plus service charge of £55.54 total = £332.34 per calendar month.
Lease length (start date 14-Oct-2019) 125 years. No ground rent.
Orwell Housing Association have a mandatory buy-back policy and will buy the property back at market value as decided by a RICS valuer and then Orwell Housing Association will sell the property on to someone as a shared ownership property. This is to ensure that the affordable housing is not lost from the area.
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