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"A fantastic opportunity to purchase this spacious three bedroom bay fronted Victorian terraced home, available on a 50% shared ownership basis and located in the popular St James area of Northampton. The property offers generous living space throughout, including an entrance hall, a large open plan lounge diner, a well proportioned kitchen, and a separate utility area. Upstairs comprises three good sized bedrooms and a family bathroom. Outside, there is a low maintenance enclosed rear garden, ideal for relaxing or entertaining. Further benefits include gas radiator heating and double glazing throughout. Perfectly suited to first time buyers, this characterful property is conveniently located close to local amenities and excellent transport links.

Ground Floor

Entrance Hall Entered via a front door, the hallway features a radiator, stairs rising to the first floor, and access to the lounge diner.

Lounge Diner 6.8m x 3.31m 22 3" x 10 10" A bright and spacious open plan living and dining area with a beautiful bay window to the front, feature fireplace, exposed beams, and a TV point. French doors open onto the rear garden.

Kitchen 5.23m x 2.43 17 1" x 7 11" Fitted with a range of wall and base mounted units with worktops above, stainless steel one and a half bowl sink unit. The kitchen also offers a built in oven and hob with extractor over, a breakfast bar, and stylish exposed brickwork. Under stairs storage has been converted into a walk in pantry. With two windows to the side aspect and a door leading to the rear garden.

Utility Room 2.43m x 2.3m 7 11" x 7 6" A practical space with a base unit and work surface, window to the side, and plumbing space for appliances.

First Floor

Landing With built in cupboard over the stairs and doors to all rooms,

Bedroom One 3.62m excluding wardrobes x 3.13m 11 10" excludin A generous double bedroom with two windows to the front aspect, radiator, and a range of fitted wardrobes.

Bedroom Two 3.53m x 2.63m 11 6" x 8 7" A good sized second bedroom with window to the rear and radiator.

Bedroom Three 3.2m x 2.42m 10 5" x 7 11" A versatile third bedroom, also overlooking the rear garden and benefiting from a radiator.

Bathroom Fitted with a three piece suite comprising a panelled bath with shower over, wash hand basin, and low level WC. With a window to the side aspect and radiator.

Externally

Rear Garden A fully enclosed and low maintenance garden with gated rear access, ideal for outdoor relaxation with minimal upkeep.

Agents Notes West Northamptonshire Council
Council Tax Band A

The Housing association will organise a thorough affordability assessment for interested parties with their preferred IFA.

Shared Ownership Details Share Purchase Price and Rent Example
If you buy a 50% share in the property, the share purchase price will be £115,000. The monthly rent payable on the remaining share will be £222.92. Please note that you can only purchase a 50% share, as this is the amount currently owned by the existing shared owner.

Monthly Payment to the Landlord
In addition to the rent, the following monthly charges apply

Service charge £9.58

Estate charge £0.00

Buildings insurance Included in the service charge

Management fee £0.00

Reserve fund payment £0.00

This brings the total monthly payment excluding rent to £9.58.

Reservation fee £0.00 There is no reservation fee required.

Eligibility
To assess your eligibility to purchase the home, you ll need to complete a Resale Application Form and undergo an affordability assessment with EMH s mortgage advisor.

You may apply to buy the home if both of the following apply

Your household income is £80,000 or less

You cannot afford to buy a suitable home outright, including covering all deposit and mortgage payments. You must have a minimum deposit of 5%

Additionally, one of the following must also apply

You re a first time buyer

You previously owned a home but can no longer afford to buy

You re forming a new household, for example following a relationship breakdown

You re an existing shared owner looking to move

You currently own a home but cannot afford to purchase one that meets your current needs

If you currently own a home, you must have completed the sale of that property before completing the purchase of your shared ownership home.

As part of your application, your financial circumstances and credit history will be reviewed to ensure you can afford and maintain both the rent and mortgage payments.

Tenure Details
Tenure Leasehold

Lease type Shared Ownership house lease

Lease term 99 years from 25th April 1996

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