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Yew Tree Lane, Coseley

Notice: 

Now Sold STC- 2-bed first floor apartment
Yew Tree Lane Coseley. This first floor apartment with two bedrooms is situated in a popular residential area local to a range of amenities including shops, schools and public transport services. It is close to Coseley train station which makes commuting easy. Coseley is around 3 miles north of Dudley, and 6 miles south of Wolverhampton. To appreciate this home a viewing is recommend.

Description

37b Yew Tree Lane, Coseley, WV14 8RF.

A very pleasant two bedroom apartment, situated in a popular residential area. This is local to a range of amenities including shops, schools and public transport services.
This well presented first floor home is an ideal opportunity for a first time buyer and must be seen to be appreciated.
Property service charges are £35.64 per calendar month, rent is charged at 2.75% on the shares still held by the Landlord Homes Plus Ltd.
Example:- 40% share will be £44,000. With a service charge of £35.64pcm and rent payable of £151.25pcm.
The property is for sale with no upward chain and offers a delightful open plan style living area and kitchen, built in wardrobe in bedroom one, a modern bathroom, central heating, double glazing, communal gardens, a shed and parking to the front.

Property features.
Two bedroom first floor apartment.
LOUNGE AREA.
11' 9'' x 10' 8'' (3.58m x 3.25m)
Central heating radiator, double glazed window and storage cupboard.
KITCHEN AREA.
9' 7'' x 8' 8'' (2.92m x 2.64m)
Inset stainless steel sink top with fitted base units and decorative laminate work tops, built-in oven with four ring gas hob and cooker hood, range of fitted wall cupboards, ceramic wall tiles, central heating radiator and double glazed window.
BEDROOM ONE.
9' 2'' x 8' 4'' (2.79m x 2.54m)
Built-in wardrobe with mirror fronted sliding doors, central heating radiator and double glazed window.
BEDROOM TWO.
8' 7'' x 5' 9'' (2.61m x 1.75m)
1 Parking space to the front.
Council Tax Band- A.
Energy Rating- C..
Tenure-Leasehold.
Leasehold- 99 years remaining upon completion.

For viewings and further information please speak to our Estate agents by clicking here or calling Skitts Estate agents on 01902 353 578.

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 call  0800 4880 814 - Monday to Friday 9am-5pm and they have an advisor working each weekday until 8pm on live chat and on Saturday too.
The Mortgage People will then email Severn Homes the outcome of your initial assessment and will confirm what share you can purchase. At this point you will be asked by TMP to provide your financial documents to them. 
Only once a full document collection has been obtained by TMP and your application has been approved and signed off will we offer you this property.
All properties are sold on a first-come first- served basis of full sign off from TMP.
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 do contact our sales team via Sales@SevernHomes.co.uk or call Gail on 07976 924 963. (Monday-Friday excluding Tuesdays 8am-4pm)

Note:
1) A financial assessment is required for those requiring a mortgage and/or cash purchasers.
2) Viewings will take place via the estate agents.
3) This is a 2nd hand home, so sold as seen.

Availability and pricing

Plot

Open Market Price

Share Available

Share Price

% Rent on Unsold

Rent *PCM

Service Charge *PCM

Availability

37b

£110,000

40%

£44,000

2.75%

£151.25

£35.64

Sold STC

Example:- 40% share will be £44,000. Rent payable of £151.25pcm. With a service charge of £35.64pcm.
Minimum of 10% staircasing and max of 75% at first purchase.
For further information about staircasing please click here.

*Correct at the time of advertising Jan 2024. 
*PCM- per calendar month.

For viewings and further information please speak to our Estate agents by clicking here or calling Skitts Estate agents on 01902 353 578.

Floor plan

Floor Plan

Site Plan: