Meyer Close, Wellington

52 Meyer Close is a beautifully presented modern two bedroom mid terrace home located in a lovely position with an outlook over the central green of the development enjoying two parking spaces to the front aspect. The property benefits from uPVC double glazing and gas fired central heating and has a particularly high energy efficiency rating. Having been built in 2016, the property still has the remainder of its 10 year building warranty. Offered to the market under the “Shared Ownership Scheme” with the asking price based on a 40% share. ELIGIBILITY CRITERTIA APPLIES SEE BELOW AGENTS NOTE.

The accommodation briefly comprises a front door with storm porch leading through to the entrance hallway with stairs rising to the first floor and a downstairs cloakroom. The kitchen/dining room has a modern contemporary feel with a distinct area for a table and chairs. The kitchen area offers a range of matching white wall and base units with contrasting work surfaces and up-stands with a built-in oven, gas hob, extractor fan over and space for further appliances along with a wall mounted boiler. The sitting room expands the entire width of the property and has been pleasantly decorated with ample space for furnishings with a window and doorway leading directly to the rear garden.

To the first floor, the landing provides access to the loft and a separate useful storage cupboard along with two double bedrooms complemented by the part tiled family bathroom which comprises a three-piece white suite with a hot and cold mixer tap with shower head attachment.

Externally there is a small frontage designed with low maintenance in mind leading to the off-road parking for two vehicles. The rear garden is fully enclosed and has an extended patio area, raised flowerbeds and a raised feature pond. Furthermore, there is a generous shed and rear gated access. The garden also benefits from being fully enclosed and enjoys a good degree of privacy.

Presented in excellent decorative order throughout and benefitting from uPVC double glazing and gas central heating, the property offers an excellent family home.

This property is offered to the market through the shared ownership scheme. The advertised sale price of £84,000 reflects the 40% share available for purchase, whilst the other 60% will be owned by LiveWest Homes Ltd, to whom a monthly rent of £271.17 will be paid. In addition to the monthly rent there will be at monthly service charge of £27.69 which includes the management company charges and sinking fund charges along with a monthly building insurance fee of £12.42. An incoming purchaser will have the opportunity, once completion has taken place, to purchase further shares in the property, as and when they choose, until they own 100% of the property. The monthly rent will decrease as LiveWest Homes Ltd’s share decreases. The property is currently leasehold with a 125 year lease from 1st October 2016, however once 100% of the property is owned the property will become freehold. Please note the current full market value of the property is £210,000. 

In order to purchase this property, an application must be made to LiveWest Homes Ltd, via LIVEWEST.CO.UK/APPLY-FOR-YOUR-RESALE-HOME. In order to qualify for a purchase you must have a gross household income of less than £80,000 per year, do not currently own a property (or that is is SSTC), you cannot afford all of the deposit and mortgage payment to buy a home that meets your needs on the open market and have a sufficient deposit and funds available to pay associated costs.  There will also be a payable reservation fee of £500 to secure the property.  Please note the application process is done on a first come first served basis. For further information on the scheme, please contact Wilkie May & Tuckwood on .  This information is correct as of 02.12.23 but may be subject to change.