2 bedroom semi-detached bungalow for sale

A BRAND NEW Two bedroom SEMI - DETACHED bungalow offered on a shared ownership basis. Price advertised is for a 50% share. Rent per month on the unsold equity is £343.75.
Brand new property with NHBC 10 year warranty due for completion February 2025

Accommodation includes Entrance hall, Living room, good size kitchen with fitted units hob and oven. There are 2 bedrooms and a bathroom/wet room with white suite. Two parking spaces to the front and an enclosed generous garden which is laid to lawn. Air source heat pump and solar panels.

The property share can vary between 10% and 80% depending on affordability.

THIS IS THE ONLY SEMI -DETACHED SHARED OWNERSHIP BUNGALOW AVAILABLE ON SITE.

Local Need Criteria

Prospective occupiers of the Affordable Housing Dwellings must demonstrate their strong local connections to the Local Area. This requires them to satisfy the Registered Provider that at least one adult member of the household meets at least two of the following criteria:

•Their parents were permanently resident in the Local Area at the time of the applicant’s birth

•They were in permanent residence in the Local Area for any period of five years as a child attending a school in the Local Area (or who for special reasons attended a school outside of the Local Area but would have been expected to attend a local school but for those special reasons);

•They are currently lawfully resident in the Local Area and have lived there for at least the last three years

•They don’t currently live in the Local Area but have previously lived there at some point for fifteen continuous years as an adult

•They are currently employed or routinely carry out self-employed work within either the Local Area or five kilometres of the Site

•They have a confirmed written offer of permanent work within either the Local Area or five kilometres of the Site

•They can demonstrate active community involvement in the Local Area sustained for at least the previous two years or are determined by the Parish Council as having some other form of strong connection with the local community and/or its hinterland.

•Their parents currently live in the Local Area; or another close family member who provides or requires a substantial degree of support currently lives in the Local Area

•If over fifty five years of age, they have a close family member currently living in the Local Area

Cascade Criteria
If an Affordable Housing Dwelling becomes available for allocation and the Registered Provider is unable to successfully allocate it to an eligible person who satisfies the Local Need Criteria within six weeks the geographical definition of “Local Area” shall be progressively widened over time and applied by the Registered Provider as follows:

1.After a period of six weeks, the definition of “Local Area” may be extended to also include a ten kilometre radius of the Site (excluding from that radius any settlements exceeding 3,000 persons), and if the settlement is part of a ‘community cluster, all parishes included within that cluster

2.After twelve weeks, the definition of “Local Area” may be extended further to include anywhere within the Shropshire Council administrative area , including all settlements exceeding 3,000 persons