An excellent opportunity to purchase a 50% shared ownership of this well-proportioned three-bedroom semi-detached home, located on a sought-after modern development in Lydney. The property offers generous living accommodation, enclosed gardens, and the added benefit of off-road parking, making it ideal for first-time buyers or those looking to step onto the property ladder.
Lydney town centre offers convenient access to shops, supermarkets, doctors, pubs, restaurants, a leisure centre, train station, bus routes, gyms and schools. It’s well-connected to Chepstow, Bristol, Gloucester, and the M5 & M4. Nestled in the Forest of Dean, Lydney boasts beautiful woodland walks, cycling trails, riverside strolls, and stunning countryside.
The entrance hallway sets the tone for the home, light, airy, and welcoming, with doors leading to the kitchen, living room, and downstairs W.C., creating a smooth flow through the ground floor.
The kitchen is modern, bright, and thoughtfully laid out, featuring sleek grey cabinetry paired with light countertops and a tiled floor that enhances the clean, fresh feel. The layout provides plenty of workspace and storage, while integrated appliances and a gas hob make it both stylish and functional. A large window allows natural light to flood the space, and the adjoining dining area creates a sociable and practical environment for everyday living and entertaining.
The living room is a bright and cheerful space, beautifully decorated with soft blue tones and complemented by natural light streaming in through the patio doors. It comfortably accommodates two sofas and additional furnishings, creating a cosy yet spacious feel ideal for relaxing or entertaining. Stylish wood-effect flooring and coordinated décor give the room a fresh and modern vibe, while the connection to the garden through the glazed doors adds a lovely sense of flow and indoor-outdoor living. It’s a welcoming heart of the home, perfect for family time or quiet evenings in.
Completing the ground floor, a practical W.C. Stairs lead to the first floor landing where doors lead to three bedrooms and the family bathroom.
The principal bedroom is a bright and comfortable space, offering generous proportions and a calming neutral palette. The window allows plenty of natural light to pour in, enhancing the welcoming atmosphere and providing a pleasant outlook over the rear garden. With space for a double bed, bedside tables, wardrobes, and additional storage, the room is well-suited for use as a principal bedroom or a spacious guest room.
Bedroom two is a bright and well-sized double room, enjoying a pleasant outlook through a wide window that allows natural light to fill the space. Decorated in neutral tones with soft carpet underfoot, it offers a calm and versatile setting suitable for a variety of uses. There’s ample space for a double bed, wardrobes, and additional furniture, making it ideal as a guest room, a teenager’s room, or even a home office.
Bedroom three is a compact and versatile space, currently set up as a home office, making it ideal for remote working, studying, or creative projects with a window providing natural light.
The bathroom is modern and well-appointed, featuring a sleek white suite comprising a bath with a wall-mounted shower and glass screen, a pedestal wash basin, and a low-level WC. Neutral tiling and light décor give the space a clean and contemporary feel, while a large wall mirror and window enhance the sense of space and natural light.
Outside - The rear garden is laid to patio, leading onto a lawned area, all fully enclosed by fencing to provide a safe and private outdoor space. To the front of the property, there are two allocated parking spaces for added convenience.
Agents Note -
50% shared ownership: £125,000
Rent is currently: £331.40 per month
Lease Management charge: £26.30 per month
Buildings Insurance: £10.39 per month
Key criteria for Heylo (freeholder):
Buyers must be at least 18 years old
Buyers must have a total household income under £80,000 (£90,000 in London)
Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information)
Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land
and any other financial investments.
Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment (not all benefits
are eligible)
Self-employed buyers must be able to provide 2-years evidence of their income
Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator
Shared owners must be first time buyers or do not own another property in the UK or any other country or have a memorandum of sale for their existing property.
Buyers must have good credit history and must not have the following (for more information on acceptable credit for Home Reach please refer to the credit policy):
A mortgage or rent arrears
Other bad debts
County Court Judgements
Buyers must have a minimum 5% deposit towards the share they are purchasing
Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000). This may include: Legal fees, Stamp Duty Land Tax where applicable, Mortgage application fees, Valuation fees and any associated moving costs
*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.
The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.
Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.
Remember, your home may be repossessed if you do not keep up repayments on your mortgage.
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