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- 8 Owens Way
- 8 Owens Way, 8, Owens Way, Rickmansworth, WD3 3PT
8 Owens Way, 8, Owens Way, Rickmansworth, WD3 3PT
8, 8 Owens Way, 8, Owens Way, Rickmansworth, WD3 3PT
Shared Ownership Semi-detached house
UNDER REFURBISHMENT - 3-bedroom house available in Rickmansworth through Shared Ownership!
Overview
This three-bedroom home is currenlty under referbishment, and will offer a fully fitted kitchen, spacious living area, seperate dining area, three carpeted bedrooms, a private garden, and driveway parking.
Key Features
- Three bedrooms
- Private garden
- Driveway parking
- 990-year lease
- Excellent transport links from Rickmansworth station
- Contemporary fully fitted kitchen with integrated appliances
- Plush fitted carpets in all bedrooms for added comfort
Key Information
- Tenure: Shared Ownership
- Available Shares from: 35%
- Full Market Value: £570,000
- Share Value (initial purchase) from: £199,500
- Rent (on unsold equity): £849
- Service Charge: £35 per month
- Lease Length: 990 years
- Council Tax Band: D
- EPC Rating: E
Please note that higher shares may be available to purchase. The final share amount will be discussed and agreed upon during your financial assessment.
Development & Location
Rickmansworth is a small village located in Three Rivers that offers excellent connectivity to London via the Metropolitan line , as well as easy access to the M25 motorway. Rickmansworth town centre offers a variety of boutique shops, cafes, restaurants and open green places, such as The Aquadrome a popular nature reserve for walking and water sports.
Eligibility
Shared Ownership is designed to help first-time buyers and those who do not currently own a home get onto the property ladder.
To be eligible, you must:
- Have a household income of under £80,000
- Be unable to purchase a suitable home on the open market
- Have a good credit history and be able to obtain a mortgage
Shared Ownership is a government-backed scheme that helps people get on the property ladder. You start by buying just a share of your home. You'll typically only need a 5% deposit of the share you purchase, making it more affordable to get started. Buying a smaller share also means it can be easier to secure a mortgage and take your first step onto the property ladder.
You can buy more shares of your home at any time in the future, working towards owning your home outright.
This property is currently undergoing an extensive programme of refurbishment and to be sold in a completed state. The property will benefit from new kitchen, flooring, bathroom and decoration together with guarantees on electrics and other utilities and will benefit from a 6-month defects liability warranty.
Eligibility for Shared Ownership
In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:
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You must be at least 18 years’ old with a clean credit history
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Your annual household income must be less than £90,000 in London, or £80,000 outside of London
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You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
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You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments
Find out what you can afford
Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.
