Price £100,000
A BRIGHT and SPACIOUS ONE-BEDROOM GROUND FLOOR FLAT (495 sq.ft) built in 2023 and offered on a 50% SHARED OWNERSHIP BASIS, located in the popular new ST. MARY'S GARDEN VILLAGE development on the edge of the market town ROSS ON WYE. This IDEAL FIRST TIME BUY has been finished to a high standard, offering BRIGHT and AIRY accommodation throughout. The property also benefits from an ALLOCATED PARKING SPACE with ELECTRIC CAR CHARGING POINT and a PRIVATE ENCLOSED GARDEN. Residents also have use of a WELL EQUIPPED GYM located a short walk away within the development.
The accommodation comprises ENTRANCE HALL, KITCHEN/LIVING ROOM, BEDROOM and BATHROOM. The property is GAS-CENTRALLY HEATED and DOUBLE GLAZED.
A front aspect composite door leads into;
Entrance Hall - Large storage cupboard, radiator, wall mounted central heating controls, doors lead into the open plan lounge/kitchen, bedroom and bathroom.
Open Plan Lounge/Kitchen - 5.94m x 3.35m (19'06 x 11'00) - At the far end of the room is a range of modern and sleek fully fitted wall and base level units with wood effect laminate worktops, inset stainless steel sink unit with drainer. Integral appliances include an electric oven with gas hob and smart extractor over, fridge/freezer and washing machine. Wall mounted gas-fired combi boiler. There are windows to the front and side aspects overlooking the garden, tv point, radiators.
Bedroom - 4.60m x 3.10m (15'01 x 10'02) - Plenty of space for a king size bed and furniture, radiator, tv point, dual aspect windows.
Bathroom - 1.85m x 2.13m (6'01 x 7'00) - Modern three piece white suite comprising a bath with mains fed shower over and tiled surround, close coupled w.c and pedestal washbasin. Extractor, shaver point, radiator.
Parking - There is an allocated parking space adjacent to the property with electric car charging point.
Outside - A path leads to the front door and continues to a shared gated alley/bin store, from here a further gate leads into the enclosed private garden laid to patio and lawn.
Agents Note - Shared Ownership Details
.50% share available
.Rent payable to Heylo Homes: ?263.73 per month
.Management fee: ?24.16 per month (accurate Sept 2025)
.Building insurance: ?7.40 per month (accurate Sept 2025)
.New build warranty included
Eligibility & Requirements
.Applicants must be 18 years or older with a household income below ?80,000 (?90,000 in London).
.Buyers must pass the Homes England affordability and sustainability assessments (see calculator guidance for more details).
.Any savings or assets (e.g. shares, bonds, land, investments) are expected to be used towards the purchase.
.Those receiving benefits may still be eligible if they meet the Homes England affordability assessment (note: not all benefits qualify).
.Self-employed applicants must provide two years' proof of income.
.Purchasers are required to buy the maximum share they can afford under Homes England rules.
.Buyers must be first-time purchasers or have already sold / be in the process of selling any existing property in the UK or abroad.
Financial & Credit Requirements
.A minimum 5% deposit is needed for the share being purchased.
.Buyers must have a good credit history, with no mortgage or rent arrears, CCJs, or significant bad debts.
.Up to ?5,000 of savings may be retained to cover moving and purchase costs (e.g. legal fees).
Directions - What3Words/// went.waltzes.commuted
Services - Mains water, electricity, drainage, gas
Mobile Phone Coverage / Broadband Availability - It is down to each individual purchaser to make their own enquiries. However, we have provided a useful link via Rightmove and Zoopla to assist you with the latest information. In Rightmove, this information can be found under the brochures section, see "Property and Area Information" link. In Zoopla, this information can be found via the Additional Links section, see "Property and Area Information" link.
Water Rates - Welsh Water Authority - Rate TBC
Local Authority - Council Tax Band: A
Herefordshire Council, Plough Lane, Hereford HR4 0LE
Tenure - Leasehold: 996 years remaining
999 years from 24/11/2023
Viewing - Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required. Office Opening Hours 8.30am - 6.00pm Monday to Friday, 9.00am - 5.30pm Saturday.
Money Laundering Regulations - To comply with Money Laundering Regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the seller(s)
Lea Villa Residential Park, Lea, Ross-On-Wye
Newent Office
4 High Street
Newent
Gloucestershire
GL18 1AN
Sales
Tel: 01531 820844
newent@stevegooch.co.uk
Lettings
Tel: 01531 822829
lettings@stevegooch.co.uk
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1 High Street
Coleford
Gloucestershire
GL16 8HA
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The Cross
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