Terraced house for sale in Taunton TA2, 2 Bedroom

Summary
high levels of interest expected! A stunning brand new two bedroom home in the popular bathpool area of Taunton. Shared ownership!

Description
On offer is the popular 'Alnwick' house type, for sale on a shared ownership basis in the popular Bathpool location. The terraced accommodation in brief comprises entrance hall, W.C, Kitchen/dining room, living room, two bedrooms and a family bathroom. To the outside is allocated parking and to the rear is an enclosed garden.

Heathfield Gardens Phase 8 is a select development and Yarlingtons final phase available to purchase through the Shared Ownership Scheme

This listing is for Plot 585 and the price advertised is for a 45% share. Properties available at varying percentage shares so please contact us for further information.

Location
For Sat Nav directions please use postcode TA2 8GN. Arguably one of the main features of the property is its location; boasting a central position in the highly sought after village of Bathpool near Monkton Heathfield. The village itself offers a fantastic rural village location yet only a short distance away from a town centre! Only a short drive away is the beautiful countryside of the Quantock foothills along with the neighbouring picture postcard village of Cheddon Fitzpaine and delightful walks in the famous gardens of Hestercombe House. Bathpool is popular with families opting to place their children in the highly reputed Heathfield Secondary School, there is also a general store and village inn. The property sits very close to Monkton Elm Garden Centre and Prockters Farm. Taunton, with its many excellent facilities, and access to the M5 at junction 25 are both just 2 miles distant.

How Does It Work?
You buy a share of your home (usually between 45% and 75% of the home's value) and pay rent on the remaining share. You can buy bigger shares at a later stage when you can afford to. You'll need to take out a mortgage to pay for your share of the home's purchase price, or fund this through your savings. Shared ownership properties are leasehold however they do change to become freehold if you get to 100% ownership. Shared ownership is an affordable way to purchase a home on the open market

Am I Eligible?
General eligibility criteria are:
Age: 18 years or over and be a resident in the UK
Household income less than £80,000
Not a home owner or named on a home mortgage (applicants in the process of selling a home will be considered)
Unable to afford to buy a home on the open market
Have available deposit of at least 5% of the purchase price, depending on the lender's requirements
Access to additional £2,500 to cover legal fees and the cost of moving
Be able to financially sustain home ownership in the longer term
Have a good credit history (Your application will probably be unsuccessful if you have any County Court Judgements or Defaults not settled/unsatisfied)

Purchase Details
Applicants will need to provide the following in order to be assessed for their chosen plot.

- A confirmation email/letter on which plot you would like to apply for
- Registration with the HomeBuy agent for this area (on-line registration on )
- Registration with Yarlington Homes ()
- Mortgage agreement in principle with the key facts document,
- Three months' bank statements for all accounts,
- Three months' pay slips,
- Details of any additional income (if applicable),
- Evidence of savings sufficient to cover lender deposit or share being purchased plus an additional £2,500 to cover your legal fees and moving costs,
- Evidence of any outstanding loans including credit cards,
- Photographic proof of id in colour and certified by a financial advisor or solicitor.
- Credit referencing report for each applicant. (available from one of the following websites: , , )

Application forms can be found in our Fox and Sons office.

Other Payments
Plot 585: 45% share £77,625 Monthly rent £217.42 Service charge £29.44
All costs could be subject to change. Monthly payments vary depending on share purchased.

Room Sizes
Approximate measurements are

Kitchen/Dining Room - 3.96m x 2.55m
Living Room - 4.67m x 2.93m
Bedroom 1 - 3.96m x 2.55m
Bedroom 2 - 3.96m x 2.65m

Please Note
We will endeavour to use the photographs of the actual property but may also show pictures of the showhome, other similar plots and/or computer generated images. Floorplan images may be handed.
The property is being sold as leasehold which is 125 years.
Vinyl flooring in kitchen, cloakroom and bathroom. Other Flooring/carpets will need to be arranged and paid for by the purchaser.
A Reservation fee will apply.
Floor plans and room dimensions are approximate and should not be relied upon.
Yarlington will expect applicants to exchange contracts within a 28 day period from issue of contracts.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.