+++Liam Darrell Estate Agents are delighted to present this exceptional two-bedroom property, available on a 50% shared ownership basis, situated within the highly sought-after Mill Meadows Development in Filey. This meticulously maintained home boasts a driveway providing ample off-street parking and contemporary fixtures and fittings throughout.+++
The internal accommodation briefly comprises a spacious living room, a well-appointed kitchen breakfast room, a convenient ground floor w.c., a master bedroom, a further generously sized double bedroom, and a family bathroom. The property is presented in immaculate decorative order, reflecting the care and attention to detail invested by the current owners.
Located in a desirable residential area of Filey, this property offers convenient access to the town's numerous amenities and its award-winning beach. The modern layout includes an inviting entrance hall, a downstairs WC, a comfortable lounge, a stylish kitchen, a first-floor landing, two large bedrooms, and a family bathroom. We strongly advise an internal viewing to fully appreciate the size, standard, and garden space that this home has to offer.
Additional Information:
We have been advised that the Vendor(s) own 50% of this property on a shared ownership basis with Beyond Housing. We have been advised that there is potential to purchase further shares within the property after completion. The current rent payable on the remaining 50% is believed to be £301.83 per calendar month, subject to review. Please note: every interested buyer must be assessed for affordability, eligibility and credit worthiness with the shared ownership company.
Shared ownership is a scheme that helps people get onto the property ladder who might have previously thought buying a new home was out of reach. Through shared ownership, you can buy a share in the property with a mortgage or lump sum and pay an affordable rent of the remaining share that you don't own. You can increase your share up to 100% at any time or buy in increments until you own the property outright.
You will be able to make any alterations and improvements to your home, as well as selling it if you want to move. To access shared ownership you will need to meet a minimum set of qualification criteria:
• you do not currently own or part own a property
must have a a household income of less than £80,000 a year
• you are a first time buyers or previous homeowners wishing to return to the housing market.