Goscote Lodge Crescent, Walsall
Shared Ownership £98,000

Is 2024 the year you dream of getting on the property ladder? Are you struggling to find the right home on the Open Market?
SHARED OWNERSHIP can help you, it could be easier than you think and you may only need £4,900 deposit to buy.
Contact us TODAY to find out more.

whg are pleased to announce the Shared Ownership homes at Primrose Lodge, Walsall built by Keepmoat - available for Shared Ownership.

Primrose Lodge is located only 2 miles away from Walsall Town Centre a market town full of opportunities for retail and leisure. Walsall Town Centre is filled with plenty amenities such as; restaurants, high street shops, bars and museums all for a perfect day out. For those who enjoy nature, art or history there are multiple museums situated throughout the town including the New Art Gallery and the Leather Museum. Located just outside of the town centre there is Walsall Arboretum a beautiful park where you can take a stroll, enjoy the lake or take the family for a fun day out in the children's park.

There are excellent transport links with Bloxwich train station a mile away and easy access to the M6 and M54, there will be no problem with any commute for work or access to leisure activities.

3 bedroom semi-detached house available to purchase for Shared Ownership.

The accommodation briefly comprises of entrance way leading to living room, downstairs W/C & kitchen/diner. To the first floor: 1 double bedroom with en-suite, 2 other bedrooms and family bathroom. The properties will benefit from gas central heating and double glazing, parking and enclosed rear garden.

Ground Floor

Kitchen / dining area - 14'1" x 10' 1"
Living room - 14' 2" x 11' 5"

First Floor

Bedroom 1 - 12' 1" x 11' 3"
En-suite - 8' 3" x 5' 0"
Bedroom 2 - 10' 8" x 8' 7"
Bedroom 3 - 7' 6" x 6' 1"
Family bathroom - 9' 3" x 5' 7"

Plot 264 (Three Bedroom Semi-Detached House)
£98,000 for 40% share - Available during October 24
Monthly rent on remaining share: £336.87

Shares from 10% - 75% are available - share is based on financial assessment confirming affordable share

**Demand is expected to be high Applications are treated as first come, first served.**

The property are due for build completion during October 2024, we're therefore currently unable to offer viewings and will be accepting reservations off-plan.

Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.

Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.

Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.

Next Steps:
For further information, please download our brochure below.
Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
Once you have passed the affordability assessment, we will pass your details to our Sales Consultant who will be able to take you through the reservation process.

We will offer shares between *25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market

Am I eligible?

Shared Ownership uses the following criteria to help people to get onto the property ladder:

- Maximum annual household income of £80,000.

- Unable to purchase a home suitable for your needs.

***Please note some images should be used as a guide only***