2 bedroom Mid-terraced property
* If you would like to apply for the property then please contact us via email / phone or chat via our website. Contact must be made before the property closing date.*
2 bedroom mid-terraced property available on the Shared Equity Scheme.
The property comprises an open plan living room and kitchen/diner with a downstairs toilet and cloakroom. It has a combi boiler with separate upstairs and downstairs thermostats and UPVC windows.
The property is offered with carpet and flooring throughout as well as a built in mirrored wardrobe, with two bedrooms and a shower/bath wash room. There are two allocated parking spaces with a back garden including shed, lawn and decking.
Open Market Price: £167,500
Affordable Price: £134,000
Ground rent: £100 a year.
Service Charges: Greenbelt £219.65 Oct ‘23-Sep ‘24
Minimum 5% deposit (depending on lender)
Council Tax Band: C
EPC: B (please see attachment below)
Leasehold: 94 years remaining
You must meet the Local Connection criteria for affordable housing with priority being given to:
Priority 1 (30/04/2024 - 28/05/2024) a: A resident who has lived in Old Colwyn for a period of 15 years, Key worker in, or coming in to take up full time, long term employment in Old Colwyn. b A resident who has lived Old Colwyn for a period of 10 years. A person in full time, long term employment in Old Colwyn. A person who has previously lived or worked in Old Colwyn for more than 20 years, c A resident who has lived in Old Colwyn for a period of 5 years. A person who is moving into Old Colwyn to look after an infirm or elderly close relative who is resident within the community. d If no suitable occupiers are found as previously noted, applicants who have previously lived in the County Borough, or in an adjoining rural community council area outside the County Borough.
Priority 2 (28/05/2024 - 25/06/2024) If no suitable occupiers are found as above, the local residency criteria will be opened out to nearby communities of Colwyn Bay, Llysfaen and Betws Yn Rhos.
Priority 3 (25/06/2024 - 23/07/2024) If no suitable occupiers are found as above, the local residency criteria will be opened out to the whole of the County.
If no suitable occupiers are found as previously noted, applicants who have previously lived in the County Borough, or in an adjoining rural community council area outside the County Borough.
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. Prior to being able to offer you a tenancy we have to carry out a credit, landlord and employer check. There will be no charge for the credit check.
Please note that it is your responsibility to make sure the details on your application form are correct at the time of applying for a property as it may affect your place on the shortlist. If your details need amending, please be sure to let us know before the property closing date. Details updated after the shortlist is created will not be considered.
Open Market Price | Affordable Price | Deposit Required |
---|---|---|
£167,500 | £134,000 | Minimum 5% deposit (depending on lender) |
Please feel free to contact us to discuss the registration process/your application or specific scheme. Contact details set out below:
Phone: 03456 015 605
E-mail: info@taiteg.org.uk