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Elder Avenue

Essington, Wolverhampton

2 Bedrooms

1 Bathroom

Semi-detached bungalow

Price: £115,998
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Price: £115,998
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Property Details

Key features

  • Plot 164 - The Elm A BRAND NEW SEMI DETACHED BUNGALOW
  • SHARED OWNERSHIP - Shares available to purchase from 40-75%
  • Listing based on a 40% share
  • Two tandem car parking spaces
  • Two bedrooms & shower room
  • Build complete and ready to move into
  • 10 year NHBC warranty
  • Book your viewing now

Council Tax Band: Contact branch

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 0 years
  • Annual service charge: Contact branch
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Shared Ownership:

  • Share being sold: 40%
  • Rent payable: £399 per month

*** SHARED OWNERSHIP ***
A beautiful presented BRAND NEW corner plot luxury semi detached bungalow in the sought after village of Essington. There are front & rear gardens, off road parking, hall, guest wc, entertainment lounge diner, kitchen, two bedroom & shower room.

Connells Award Winning Estate Agents in Wolverhampton is offering for sale a BRAND NEW luxury modern semi detached bungalow situated on the ever sought after development of The Steadings within the charming village of Essington. For further details regarding the SHARED OWNERSHIP please contact Connells Wolverhampton. Carpet and flooring included.

The property comprises of front and rear gardens with ample off road parking, entrance hall, entertainment lounge diner, fitted, two bedrooms and shower room.

When you complete on this home at this development, you will receive £1500 cash back to help with your cost of living costs as well as a £500 John Lewis Voucher to help get you settled in. Available to purchase via Home Reach with prices starting from £115,998 based on a 40% share and a rent of £398.75. This home is build complete and ready to move into.

PLOT 164 - The Elm - A two bedroom semi-detached bungalow

Shares are available from 40-75% on this home. Speak with our Shared Ownership team today to discuss your affordability.

Price example:
Full market value: £289,995
40% share: £115,998
Monthly rent: £398.75
Deposit required based on a 40% share: £5799.90

Shared Ownership Criteria
You are eligible to purchase a Home Reach property in England or Wales if:

Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
You have a deposit (at least 5% of the share value)
You are a first-time buyer or used to own a home, but cannot afford to buy outright now
The shared ownership property will be your principle and only home
You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
Household minimum income must be above £12,000

The Location Area
Whilst you're passing through the village of Essington you can enjoy the scenic views, and maybe try some home grown product from the local farm shop. There's plenty of places to take the children with lots of local clubs and activities to choose from, not to mention the village school is only a stone's throw away. Next door to The Steadings is a children's play area, the perfect place for kids to find new friends from the village. Local education facilities from primary schools to universities are also located in Wolverhampton, Codsall, Featherstone, Walsall, Willenhall, and Cannock. Surrounded by country landscapes, The Steadings in Essington has neighbouring woodlands and lakes right on its doorstep. This new community is perfect for those looking for a home located in a more tranquil area of the UK. The strong spirited new community has developed new walkways to be designed into the natural landscape, bringing together nature and people. Being a short drive from the M6 means this local development is great for commuters, it also boasts strong links to Wolverhampton, Codsall, Featherstone, Walsall, Willenhall, and Cannock.

Entrance Hall
Double glazed door to front access, open canopy, storage cupboard, central heating radiator, doors to various rooms.

Entertainment Lounge Diner
Double glazed french doors to rear, central heating radiator, door to entrance hall.

Kitchen
10' x 10' ( 3.05m x 3.05m )
Double glazed window to front, wall and base units with roll top work surfaces, gas hob with oven, central heating radiator, single drainer sink unit, spotlights to ceiling.

Bedroom One
10' 1" x 13' 7" ( 3.07m x 4.14m )
Double glazed window to rear, central heating radiator, door to entrance hall.

Bedroom Two
9' x 10' ( 2.74m x 3.05m )
Double glazed window to front, central heating radiator, door to entrance hall.

Shower Room
Fitted suite with a low flush toilet, pedestal wash basin, shower cubicle, extractor fan, tiled walls, door to hall

Outside Front
Having a pleasant frontage with ample off road parking, gate leading to rear access, tress, plants and shrubs.

Outside Rear
Paved patio area, gate leading to front access, panelled fences.

*** SHARED OWNERSHIP ***
A beautiful presented BRAND NEW corner plot luxury semi detached bungalow in the sought after village of Essington. There are front & rear gardens, off road parking, hall, guest wc, entertainment lounge diner, kitchen, two bedroom & shower room.

Connells Award Winning Estate Agents in Wolverhampton is offering for sale a BRAND NEW luxury modern semi detached bungalow situated on the ever sought after development of The Steadings within the charming village of Essington. For further details regarding the SHARED OWNERSHIP please contact Connells Wolverhampton. Carpet and flooring included.

The property comprises of front and rear gardens with ample off road parking, entrance hall, entertainment lounge diner, fitted, two bedrooms and shower room.

When you complete on this home at this development, you will receive £1500 cash back to help with your cost of living costs as well as a £500 John Lewis Voucher to help get you settled in. Available to purchase via Home Reach with prices starting from £115,998 based on a 40% share and a rent of £398.75. This home is build complete and ready to move into.

PLOT 164 - The Elm - A two bedroom semi-detached bungalow

Shares are available from 40-75% on this home. Speak with our Shared Ownership team today to discuss your affordability.

Price example:
Full market value: £289,995
40% share: £115,998
Monthly rent: £398.75
Deposit required based on a 40% share: £5799.90

Shared Ownership Criteria
You are eligible to purchase a Home Reach property in England...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

BOOK A MORTGAGE APPOINTMENT

USE OUR HOMEFINDER SERVICE

With our HOME FINDER SERVICE, we get a real understanding of what is on your wish list and then put all of our experience, local knowledge, branch network and extensive contacts to work to find your perfect property.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.