
Shop Lane, Oaken, Wolverhampton
Notice:
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Description
Plot 1- 2-Bed detached bungalow. This beautiful bungalow is ready to apply for now.
At the front of the property is the central hallway. Leading off the hallway is access to the lounge/dining room which benefits from having patio doors opening out onto the garden. At the back of property is the good size modern kitchen which has a stable style back door. There's a fantastic, good sized shower/wet room. There are 2 ample sized double bedrooms. This energy-efficient home is heated throughout with gas central heating. The private garden which is a perfect space for entertaining and relaxing comes with a large patio area, shed, turf and fully fenced. Tiled flooring is also included in the wet areas*. This fantastic property comes with carpets to the living areas, a built-in washing machine and built-in fridge/freezer. There is also off road parking with additional shared spaces for visitors.
Property features.
2-bed detached bungalow.
Modern kitchen.
Built-in oven, hob and extractor hood.
Built-in washing machine.
Built-in fridge/freezer.
Lounge/diner.
Carpets to living areas.
Tiled flooring to wet areas*.
2 good size double bedrooms.
Shower room/wet room.
Private garden.
Garden shed.
Outside tap.
Off road parking.
Use of shared visitor parking spaces.
EPC B rating.
LABC 12-year new build warranty.
990 year lease.
Leasehold.
Properties are sold off-plan, and on a first-come, first-served basis. Viewings will take place when the properties are build complete and a full financial assessment has been completed.
Oaken is a lovely popular village with Codsall just over a mile away and it is also situated approx. 5 miles from Wolverhampton and approx.13 miles from Telford. You can experience treasure hunt themed walking trails around Codsall and Oaken, ideal for discovering more about where you live or exploring somewhere new. Codsall has several schools for all ages, it also benefits from having a cricket club, nearby golf course and a variety of shops.
How do I apply for this home?
Before you can apply to buy a shared ownership home with Severn Homes part of Homes Plus, you will need to undertake a no-obligation, initial financial assessment with a financial advisor. This step is necessary if you require a mortgage for the share, or if you are a cash purchaser . We work closely with 'The Mortgage People' who will help you complete the initial financial assessment called The Homes England Affordability Calculator. You can ‘Get an Assessment’ by following this LINK or by calling 0800 4880 814. The Mortgage People will then email Severn Homes the outcome of your Homes England Affordability Calculator for your chosen property. A member of the sales team will contact you to confirm you are happy with the assessment outcome and advise the next steps.
If there is anything else, we can help with please contact our sales team via Sales@SevernHomes.co.uk or call Luke on 07485 393 813.
For more information on how to reserve and apply for one of our properties click here.
Note:
1) Additional information is available in the Key Information Document 3 here. Key Information Document 2 will be issued before the reservation fee is paid.
2) A financial assessment is required for those requiring a mortgage and cash purchasers.
3) Anticipated build completion date November 2023.
4) Wet areas- kitchen, utility, bathroom/wet room*.
5) Pictures used are for illustration purposes only and may not show the exact property.
Availability and pricing
Plot |
Open Market Price |
Share Available |
Share Price |
% Rent on Unsold |
Rent *PCM |
Service Charge *PCM |
Availability |
Key information Document 1 |
1 |
£285,000 |
40% |
£114,000 |
2.75% |
£391.88 |
£19.55 |
Available |
KID1 |
Predicted Council Tax Band is B-D (subject to confirmation by the Valuation Office Agency (VOA) post-completion)
For further information on Council tax with South Staffordshire Council click here.
*Correct at the time of advertising August 2023, PCM - per calendar month.
This plot is available to purchase due to funding by Homes England and therefore their “Applicant Priority” criteria for Military Personnel will apply. For further information see Section 3.2 HERE.
Maximum staircasing to 75% on this plot.
To apply for Shared Ownership on this property you must be aged 55 or over and have a local connection for this home which is defined as: A local connection for this home is defined as: Applicants having a local connection with work or family to these areas, Oaken, the parishes of Codsall, Bilbrook, Perton, Brewood and any parish within the South Staffordshire District. Please ask our sales team for more details.
Site Plan:
