Nailsworth is a small but busy market town situated on the west side of The Cotswolds in beautiful and unique countryside. The town (population c.6000) is a hive of industry and is still very much a working place to live, with plenty of thriving local businesses and a great range of shops and amenities including butchers, bakers, supermarkets, bank/building society, Post Office, library, doctors, bus station and playing field to name a few. Nailsworth was the first Fair Trade town in the area and this is reflected in its style of food shops, craft shops, restaurants and the like. The town dates back to Norman times and its history is diverse and plentiful with many local landmarks and buildings of all sorts. As a result of its appeal, the town has continued to move with the times. The town was also recently named by The Sunday Times as one of the top 101 places to live in the country.
Stroud (mainline railway) 4 miles
Gloucester 14 miles
Cheltenham 18 miles
Bristol 29 miles
Swindon 29 Miles
Entrance Hall Front door with canopy over. Radiator. Power points. Smoke detector. Stairs to first floor.
Sitting Room 4.40m max x 4.22m max 'L' shaped. Double glazed window to front. Radiator. Power points. Telephone point. TV aerial point. Door to:
Kitchen/Diner 5.4m x 2.9m (17'9" x 9'6") Two double glazed windows to rear. Double glazed door to back garden. Radiator. Under stairs cupboard. Fitted kitchen to one end with range of wall and base units with work surface over. Single inset bowl sink and drainer. Tiled splashbacks. Integrated electric oven, gas hob with hood over and dishwasher. Space and plumbing for washing machine. Wall mounted Vaillant gas boiler. Power points. Extractor fan.
Landing Power points. Airing cupboard housing hot water cylinder. Acees hatch to roof space. Smoke detector.
Bathroom Double glazed window to rear. Radiator. Low level WC, wash basin and panelled bath with shower over. Shaver socket. Extractor fan. Partially tiled walls.
Bedroom One 3.94m max x 3.38m max 'L' shaped. Double glazed window to rear. Radiator. Power points. Telephone point. Door to:
Ensuite Shower Room Double glazed window to rear. Shower cubicle with electric shower. Low level WC. Wash basin. Shaver socket. Extractor fan.
Bedroom Two 3.2m x 2.8m (10'6" x 9'2") Double glazed window to front. Radiator. Power points. TV aerial point. Telephone point.
Bedroom Three 2.9m x 2.5m (9'5" x 8'3") Double glazed window to front. Radiator. Power points
Garden & Parking A paved path at the front gives access to the rear garden via a side gate. The rear garden is enclosed by timber fencing and is laid to paving and stone chippings with a planted border to one side. Steps lead up to a gate which opens onto the parking area with one allocated space.
Buying Criteria Shared ownership properties are intended to provide accommodation for people in housing need, for first time buyers or for those who wish to get onto the property ladder and the criteria for applicants are as follows: 1. The buyer is in need of accommodation.2. The buyers income is sufficient to purchase the property and is adequate to meet its future outgoings.3. The buyer must require the size of property being purchased.4. The buyer must not own another property.
Acceptance Of Offers Once an offer has been accepted an application form will be sent to the buyer. The buyer will need to complete the form and return with:- 1. Copies of last 3 months pay slips or pension payments (if applicable).2. Copies of last 3 months bank statements.3. Proof of savings and any loans and outstanding balances (if applicable)4. Confirmation of sale price agreed for the 50% share.5. A copy of the mortgage illustration showing the amount being borrowed, the interest rate and monthly repayment. Please note formal approval will not be given until we have seen a copy of the official mortgage offer.6. Approved registration with the local Help to Buy agency. (see https://www.helptobuysouth.co.uk/user/ ) We advise buyers not to incur any legal costs until Sanctuary has given consent for you to proceed with your purchase.
Lease & Charges The asking price represents a 50% share of the property on a leasehold purchase. The lease is 99 years from 14.05.2007. A monthly rent covers the remaining share which is owned by Sanctuary Housing. At 50% ownership the rent is £191.16 per calendar month. In addition, there is a service charge payable which is £41.86 per calendar month.There is also an option to purchase a further share of the property - up to 100%. As the percentage of ownership increases, the rental share will decrease.