2 bed terraced bungalow for sale

Bath Road, Broomhall, Worcester WR5

Ash Meadows will include a selection of beautiful 2,3 & 4 bedroom homes available for sale and perfect for first time buyers.

This 92 home development is located at the junction
of the A4440 Broomhall Way and the A38 Bath Road, which has excellent links to major nearby cities and
represents a significant contribution to the new-build
affordable local housing market in the area. It is an
attractive position for those looking for a semi-rural
location, surrounded by plenty of greenery but easy
access for commuting.

There is a good selection of both primary and
secondary schools and Worcestershire Parkway
Station is 2 miles away making it a perfect location for
commuters.

Worcester City Centre is just 3 miles away offering a
diverse range of shopping & leisure facilities as well as
its historic cathedral, sports clubs, racecourse and a
variety of restaurants and bars.

There will also be green spaces, a wildlife pond, allotments, a communal orchard and play area on this
development.

Full Market Value is £285,000 for a 2 bed terraced bungalow.

A 50% share of a 2 bed bungalow would be £142,500 with a monthly rent of £326.36 and monthly service charge of £72.79.

‍Our homes are generally advertised at 50% for illustrative purposes only and will be determined by the applicant's affordability.

What is Shared Ownership and do I qualify?

Shared Ownership is a fantastic opportunity for those
who want to get a foot on the property ladder but can't
afford to buy a home on the open market.
It allows you to buy a share in a brand new leasehold
property on a part buy/part rent basis and pay a
subsidised rent on the part that you do not own. After
the initial purchase it is possible to buy further shares and
eventually own these properties outright. Our homes
are generally advertised at 50% for illustrative purposes
but will be determined by the applicant’s affordability. “The minimum share is 10% and the maximum share is 75%”
and rent will charged on the remaining share. The bigger the share you buy, the less rent you have to pay. You will need to be able to raise a mortgage for the share you want to purchase unless you have sufficient money to enable you to purchase without.
The combined cost of mortgage and rent is often
cheaper than privately renting in the area.