20 Maes Sarn Wen, Four Crosses, Llanymynech - Plot 20

  • Shared Ownership

3 Bedroom Detached House

  • Powys
  • 3 Bedrooms

3 Bedroom Semi Detached House available on the Shared Ownership Scheme.

The property is a three bedroom semi-detached house. The house has an open plan kitchen and dining room, living room with a bay window, utility room and downstairs cloakroom. The dining room has French doors opening out on to the patio. To the first floor, the Clarence has three bedrooms, a family bathroom and an airing cupboard. The master bedroom also has the benefit of an ensuite bathroom. Gas central heating. This property is offered with carpets and flooring throughout. Gardens to the front and rear. Drive way for off road parking.

https://youtu.be/uwE3HW71gos

Open market price £239,999

For every year the shared owner fully pays their mortgage, rent and keeps the property in good repair, they receive an additional 1% equity upon sale of the property

Shared ownership between:

50% £120,000 rent £4,560 pa

45% £108,000 rent £5,016 pa


Estate management charge of approx. £255 pa

The property is Leashold: 125 years from grant of lease. Ground Rent: £100.00 per annum

Local Connection Criteria:

Has lived in, volunteered in or studied in the Local Community of Llandrinio and Arddleen, Llandysilio,Llansantffraid, Meifod, Guilsfield, Welshpool, Trewern, Bausley with Criggion Melverley for a period of at least 12 months at the time of applications, OR

Has previously lived in the Local Community of Llandrinio and Arddleen, Llandysilio, Llansantffraid, Meifod, Guilsfield, Welshpool, Trewern, Bausley with Criggion Melverley for a period of at least 3 years and wishes to live there OR

Has a firm offer of employment in the Local community of Llandrinio and Arddleen, Llandysilio, Llansantffraid, Meifod, Guilsfield, Welshpool, Trewern, Bausley with Criggion Melverley or is currently employed in the local community of OR

Has close relatives who have lived in the Community of Llandrinio and Arddleen, Llandysilio, Llansantffraid, Meifod, Guilsfield, Welshpool, Trewern, Bausley with Criggion Melverley for the last 5 years continuously OR

Whishes' to provide full time care to a resident in the Local Community of Llandrinio and Arddleen, Llandysilio, Llansantffraid, Meifod, Guilsfield, Welshpool, Trewern, Bausley with Criggion Melverley

AND

The proposed Occupier is not able to afford market housing as assessed by or behalf of the Council through the Tai Teg process and based on evidence presented by the proposed Occupier.


Ready: February/March 2022

We will require £75.00 assessment fee to cover our administration costs for the assessment. This fee will also hold the property for you whilst we carry out the necessary checks. This fee is non-refundable.


Approved lenders list provided by Developer:

- Halifax unique no 1226 in the name of Noah

- Nationwide

- Ecology BS

- Melton Mowbray

- Skipton.

Please also find attached a document with information on the NOAH scheme.



Property Details

  • Address: SY22 6NT
  • Postcode: SY22 6NT
  • Bedrooms: 3
  • Property Type: New Build

Property Value

Open Market Price Affordable Price Deposit Required
£239,999 From 108,000 minimum 5%

Save to your shortlist

Save this property to your shortlist so that you can find it later.

Need help?

If you need help filling out any part of your application then please feel free to contact us on any of the details below:

Phone: 03456 015 605
E-mail: info@taiteg.org.uk

Or alternatively, you can visit our help pages to find out more.

Register with Tai Teg

Dewiswch iaith

Please select a language

Cymraeg English