Property photos
New home
Leasehold
£75,000
2 bed terraced house for sale
Reed Close, Gloucestershire GL22 beds
1 bath
1 reception
Local area information
Property location
Nearby amenities
- St Mary's Catholic Primary School 0.1 miles
- Churchdown Parton Manor Junior School 0.4 miles
- Gloucester 2.6 miles
- Cheltenham Spa 3.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- New Build Shared ownership
- Share based on affordability
- 10 Year NHBC Guarantee
- Parking and Garden
- Fitted floor coverings included
- Fitted oven, hob and hood
- Family bathroom with shower over bath
- Local connection required
- Pv panels
Welcome to Reed Close, Twigworth - a charming location for this delightful new build terraced house. This property boasts a cosy reception room, perfect for relaxing or entertaining guests. With two bedrooms, there's ample space for a small family or those in need of a guest room or home office.
How Does Shared Ownership Work?
If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.
The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.
Shared Owners Information
Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.
Omv - £250,000
30% Share - £75,000
Rent on remaining share - £401.04 pcm (please note the rent element of this payment will increase every April)
Service Charges and Buildings Insurance - £46.87pcm
You must successfully register with Two Rivers Housing, have a mortgage in principle and have a local connection to the area.
Rooms Sizes
Brand new 2 bed house comprising of lounge, kitchen/diner, WC, 2 bedrooms, bathroom, allocated parking and rear garden.
Room sizes are approximate as these properties are under construction
Ground Floor:
Lounge 315cm x 484cm
Kitchen Diner 425cm x 323cm
W/C 94cm x 150
First Floor:
Bedroom 1 - 425cm max x 327cm
Bedroom 2 207cm x 480cm
Bathroom - Shower over bath
Outside, Private rear garden
2 allocated parking spaces
Disclaimer
All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. Water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Services
All mains services are connected.
Artist Impressions
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale.
Two Rivers Housing
TwoCan Estate Agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of TwoCan and the Centigen brand.
How Does Shared Ownership Work?
If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available.
With Shared Ownership, the price of the property is fixed at the open market value, as assessed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share.
The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the rent, plus your
mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage.
Shared Owners Information
Shared ownership is a part buy part rent property from Two Rivers Housing.
You purchase a share with the help of a mortgage based on affordability and the minimum share being sold.
Omv - £250,000
30% Share - £75,000
Rent on remaining share - £401.04 pcm (please note the rent element of this payment will increase every April)
Service Charges and Buildings Insurance - £46.87pcm
You must successfully register with Two Rivers Housing, have a mortgage in principle and have a local connection to the area.
Rooms Sizes
Brand new 2 bed house comprising of lounge, kitchen/diner, WC, 2 bedrooms, bathroom, allocated parking and rear garden.
Room sizes are approximate as these properties are under construction
Ground Floor:
Lounge 315cm x 484cm
Kitchen Diner 425cm x 323cm
W/C 94cm x 150
First Floor:
Bedroom 1 - 425cm max x 327cm
Bedroom 2 207cm x 480cm
Bathroom - Shower over bath
Outside, Private rear garden
2 allocated parking spaces
Disclaimer
All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. Water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Services
All mains services are connected.
Artist Impressions
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale.
Two Rivers Housing
TwoCan Estate Agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of TwoCan and the Centigen brand.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
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Property descriptions and related information displayed on this page are marketing materials provided by - TwoCan. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact TwoCan for full details and further information.