Shared Ownership - An opportunity to purchase 25% of a shared ownership property located in a popular cul-de-sac high above Nailsworth and enjoying views towards Gatcombe and beyond (Draft details)
A modern style semi detached house located within a mile from the popular town of Nailsworth with the accommodation arranged on two floors the accommodation is as follows: Sitting room and kitchen/dining room on the ground floor with a landing, two bedrooms and bathroom above. The property has double glazing and gas fired central heating throughout.
There is off street parking for one vehicle leading to a single garage with up and over door and power and light. There is a side pedestrian access leading to a west facing terraced garden with patio area and lawns.
Nailsworth has become an increasingly popular shopping destination within the Stroud Valleys benefiting from a large selection of speciality shops including Williams Food Hall, the famous Hobbs House Bakery, The Yellow Lighted Bookshop, various clothing and gift shops, several cafes and a good selection of very well regarded restaurants. Nailsworth is also home to Forest Green Rovers Football Club where there is a modern leisure/fitness centre and both state and private schooling within the area. Bus services connect with Stroud, some four miles away, where there is a more comprehensive selection of shopping, educational and leisure facilities. Junctions of the M4 and M5 motorways are within easy reach and railway stations at Stroud (4 miles) and Kemble (10 miles) provide main line services to Gloucester, Swindon and London Paddington.
The property is offered on a shared ownership scheme. The prospective buyer will secure 25% of the property, with 75% owned by The Guinness Partnership. This 75% is then rented to the buyer, at a monthly rental of £321.38 per calendar month. Any prospective buyer must be approved by The Guinness Partnership.
The property is held on a 99 year lease from 12th January 1996. The service charge is £8.67 per calendar month, which represents the cost of building insurance.
Gas central heating, mains electricity, water and drainage.
The council tax banding is A.
Stroud District Council, Ebley Mill, Westward Road, Stroud, Glos. GL5 4UB Tel: 01453 766321