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See how verdicts work2-bedroom semi-detached house · S41 8DH
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi detached house - sold on 50% shared ownership - cul-de-sac position Occupying a pleasant cul-de-sac position, this semi detached house is offered for sale on a 50% shared ownership basis and provides well presented, easily managed accommodation.
The property comprises a good sized living room, together with a kitchen/diner and useful cloakroom/WC off. To the first floor are two double bedrooms and a bathroom/WC.
Externally, the property benefits from a car standing space to the front, while the rear garden is fully enclosed, providing a private and manageable outdoor space.
An ideal opportunity for those seeking a modern, low maintenance home.
Conveniently positioned for the nearby amenities in Littlemoor and on Whittington Moor, the property is also ideally placed for routes into the Town Centre and towards Dronfield and Sheffield.
EPC Rating: B Shared Ownership Shared ownership is a way of purchasing a share of a property, with a rent being paid on the outstanding amount. The remaining 50% of this property is held by ncha.
Our figure is based on the Full Market Value of the Property being £195,000. A rent will be chargeable on the share being retained by ncha.
We believe the monthly rent to be £280.05, there will also be a service charge understood to be £29.19 per month. These charges will be in addition to any mortgage costs on the purchased share.
Once you have lived in the property for 12 months you may be able to purchase additional shares if you want to; this is called ‘staircasing’.
In most cases you can staircase up to 100% of the property and eventually own the property outright; making shared ownership a ladder of opportunity to owning your own home!
There may be a possibility of buying the property on a different share basis, although this would need consent from ncha.
Qualifying Criteria Once a sale is agreed via Wilkins Vardy, ncha will then need to agree the sale on this property before legal's can commence.
We believe the following qualifying criteria will need to be satisfied by the buyer: You must meet the following financial and personal requirements to apply: 1, Your total household income must be £80,000 or less per year.
2, You cannot afford all the deposit and mortgage payments needed to buy a standard home that meets your household's needs.
3, You must have a good credit record and pass a financial assessment to prove you can sustain the mortgage and rent payments.
You must also fit into one of these categories: 1, You are a first-time buyer. 2, You used to own a home, but you cannot afford to buy one now.
3, You are forming a new household (such as after a relationship breakdown). 4, You are an existing shared owner looking to move.
5, You currently own a home, but need to move and cannot afford a new standard home that fits your needs (the sale of General Gas central heating uPVC sealed unit double glazed windows and doors Gross internal floor area - 62.2 sq., m./669 sq.ft.
Council Tax Band - B Tenure - Freehold Secondary School Catchment Area - Outwood Academy Newbold On The Ground Floor A composite front entrance door opens into a ...
Entrance Hall With staircase rising to the First Floor accommodation. Living Room (4.72m x 2.82m) A good sized front facing reception room fitted with laminate flooring.
Kitchen/Diner (3.86m x 3.30m) Fitted with a range of white wall, drawer and base units with complementary work surfaces and upstands.
Inset 11⁄2 bowl single drainer stainless steel sink with mixer tap. Integrated appliances to include an electric oven and 4-ring gas hob with stainless steel splashback and extractor hood over.
Space and plumbing is provided for a washing machine, and there is space for a fridge/freezer. Laminate flooring. A uPVC double glazed door gives access onto the rear of the property.
A further door opens to a ... Cloaks/WC Fitted with a white 2-piece suite comprising a hand wash basin with tiled splashback and a low flush WC. Vinyl flooring.
Bedroom One (3.86m x 3.15m) A good sized rear facing double bedroom fitted with laminate flooring.
Bedroom Two (3.25m x 2.79m) A good sized front facing double bedroom, fitted with laminate flooring and having a built-in over stair storage cupboard.
Bathroom (2.24m x 1.73m) Being part tiled and fitted with a white 3-piece suite comprising a panelled bath with glass shower screen and mixer shower over, pedestal wash hand basin and a low flush WC.
Vinyl flooring. Rear Garden A gate gives access down the side of the property to an enclosed west facing rear garden which comprises a paved patio and lawn with additional paved seating area.
Parking - Off Street To the front of the property there is a car standing space and a planted side border.
Disclaimer Property particulars disclaimer These particulars are provided as a guide only and do not form part of any offer, contract, or warranty.
Whilst believed to be accurate, their accuracy cannot be guaranteed.
Services, systems, and appliances referred to have not been tested, and purchasers should satisfy themselves as to their condition and operation.
Any reconnection costs for disconnected services will be the responsibility of the purchaser. All measurements are approximate and any floorplan is intended to be used for illustrative purposes only.
All offers are subject to financial verification. Purchasers may be asked to provide proof of funds and/or mortgage arrangements to confirm their ability to proceed with the purchase.
We cannot confirm that all alterations or improvements to the property have obtained the required statutory approvals. Purchasers should rely on their own investigations and legal enquiries.
The property is believed to be within the shown catchment area for schools, however, this does not guarantee admission.
Purchasers should make their own enquiries with Derbyshire County Council and the relevant school regarding eligibility and availability of places.
Anti-money laundering (aml) checks In accordance with Anti-Money Laundering Regulations, all buyers and sellers are required to complete identity verification checks.
Following acceptance of an offer (subject to contract), each purchaser will receive a secure link to complete the checks electronically. A non-refundable fee of £25.00 inc. VAT per person applies.
These checks must be completed before a Memorandum of Sale can be issued to the solicitors.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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About 21 Caulfield Close, Chesterfield
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