2 bed semi-detached house for sale

Tricorn Close, Torquay, Devon TQ2

A 2 Bedroom Semi Detached Coach House being offered with No Chain on the popular Willows Development. The property is modern throughout and offers a garage and allocated parking. The property is being offered on a 50% Shared Ownership basis.

About This Property

This Modern Semi Detached Coach House is being offered with no onward chain and being offered on a 50% shared Ownership basis. It is located in the popular area of The Willows. Reception Hallway with stairs leading to Lounge with patio doors and Juliette balcony and further window overlooking the rear garden, Open access to the modern Kitchen with range of wall and base units, space for appliances and storage cupboard. There are Two Bedrooms and Modern Bathroom. Outside the property has a small garden area with outside bin store. There is also a garage and parking space.

Eligibility

You can apply to buy the home by shared ownership if both of the following apply:
• your household income is £80,000 or less
• you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
• you're a first-time buyer
• you used to own a home but cannot afford to buy one now
• you're forming a new household - for example, after a relationship breakdown
• you're an existing shared owner, and you want to move
• you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Material Information

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Tenure: Leasehold, 125 year Lease from 1 April 2017
Maintenance costs: Service Charge £75.38 per month and rent of £258.67 a month.
Council Tax: Band C with Torbay Borough Council
Mains: Electric, Gas, Water and Drainage
Heating: Gas Central Heating
Parking: One garage and one parking space

Agents Note

It is possible to purchase a 100% Share of the property at a full market value Asking Price of £180,000.