2 bedroom mid-terraced property available
* 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 through the Shared Ownership Scheme via Clwyd Alyn
2-bedroom mid-terraced property located on an estate of similar properties to the west of the town centre of the coastal resort of Prestatyn. It is approximately 1.5 mile from the town centre, with some local facilities nearby.
Prestatyn is a popular residential and tourist location and is a retail hub for the Denbighshire coastal area. The property is in a popular part of the town.
The property is located on the entrance road into the estate, with a north-facing rear garden.
The property is a mid-terrace, 2-bedroom house, constructed in the 1990’s. This property has the benefit of an average sized garden at the rear, and a shared forecourt parking at the front. Access is over a private driveway and cul-de-sac at the end of the estate.
The property’s windows and doors have been replaced with UPVC framed double glazed units, and is heating with gas fired central heating, with acceptable décor throughout.
The property consists of a living room, kitchen / dining area, and on the first floor are 2 bedrooms, and family bathroom.
There is an affordable homes restriction in the form of a S.106 Agreement over the Leasehold Title which restricts all sales and purchases to 64.53% of the market value.
The market sale price is £135,000 but with the restrictive value the listed sale price is capped at £87,116 (which is 100% of the Leasehold).
Annual rent of £150 PA to the freeholder (Macbryde Homes) TBCNo service charges
The property cannot be sublet at any time without first obtaining prior written consent of the Council’s Strategic Housing Manager.
Residency Criteria:
The buyer as part of the S106 Agreement can only be granted to:
A Local Resident is defined as:
A “a person that has resided or worked in the community of Prestatyn for a continuous period of 3 years preceding the proposed occupation of a low-cost unit, and is in proven housing need”
Or
B “a person who has previously resided and / or worked in the community area of Prestatyn for a continuous period of 3 years and is in proven housing need”
Priority is given to category A.
C “if on notification of a vacancy, that no local resident meets criteria A or B, and can be identified from a waiting list after at least one advertisement has been placed locally in the County of Denbighshire” then after a period of 4 weeks, the requirements for residence or employment shall be extended to include the communities of Rhyl, Rhuddlan, Dyserth, Bodelwyddan, St Asaph, Waen, Cwm. D “if on notification of a vacancy, that no local resident meets criteria A or B, and can be identified from a waiting list after at least one advertisement has been placed locally in the County of Denbighshire” then after a further period of 4 weeks (8 weeks after the initial advertisement), the requirements for residence or employment shall be extended to include the areas such as shall be agreed between the owner and the Council”.
Open Market Price: £135,000
Percentage to purchase: 64.53% at £87,116
Minimum 5% deposit (depending on lender)
EPC: C (please see attachment below)
Council Tax Band: C
Domestic pets only.
Property available now.
As per clause 3 of the lease:
To pay the annual rent
No advertising signs
To keep the premises clean, tidy and in good repair
Allow access if required, being required 14 days prior
Not to breed animals
Only use the designated parking space to park one, fully insured and roadworthy private moto vehicle/cycle and not to allow the service or repairs of any vehicle on this space and no commercial vehicle over the size of 30 cwt or caravan can be parked on the said parking space
To keep external gardens in a neat and tidy condition
No flammable gases to be stored on the premises
No loud music or singing between 11pm – 8am Not to remove and trees or shrubs
We reserve the right to bring forward the closing date if sufficient number of applications received
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 |
---|---|---|
£135,000 | Percentage to purchase: 64.53% at £87,116 | 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