50 Bryn Y Mor, Old Colwyn, Conwy

A 2 bedroom terraced property available on the Shared Equity Scheme with Grwp Cynefin.

2 up 2 down, rear garden, spacious living room, good size kitchen, downstairs toilet, shower / bath, central heating, double glazing, parking for 2 cars.

Open Market Price: £165,000 (80%)

Affordable Price: £132,000

Ground rent: £150 a year.

Service charge: £170 a year.

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 (20/09/2023 - 18/10/2023) 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 (19/10/2023 - 16/11/2023) 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 (17/11/2023 - 12/01/2024) 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.

Applicants must be registered with Tai Teg to apply for a property and we aim to assess application to be on the Tai Teg register within 5 working days

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.