RS: 1 Edison Gardens

1 Edison Gardens, Netherfield Road, Guiseley, Leeds, North Yorkshire, LS20 9PW

RS: 1 Edison Gardens

2

1

Available Now

A smartly-presented, enclosed-end-terrace (back-to-back) house which features an entrance hall with ground-floor cloakroom and a dual-aspect reception room with attractive flooring, exposed staircase and open-plan kitchen area. On the first floor there is a sleek, modern bathroom, a spacious main bedroom with built-in wardrobe plus a smaller second double bedroom. The energy-efficiency rating is good, thanks to well insulated walls and roof, double glazing and gas central heating. There are highly-rated schools in the local area and a good selection of shops in the town centre. The house comes with use of a parking space plus Guiseley Railway Station is only a short walk away.

Features:

  • Guideline Minimum Deposit £10,000
  • Guideline Income Dual £20k | Single £21.5k
  • Two Storey, End of Terrace House
  • Approx. 569 Sqft Gross Internal Area
  • Front Garden
  • Double Glazing and Gas Central Heating
  • Parking Space
  • Short Walk from Guiseley Station

Tenure: Leasehold (125 years from 2010).
Share Available: 50% (£100,000).
Shared Ownership Rent: £195.65 per month (subject to annual review).
Service Charge: £10.00 per month (subject to annual review).
Guideline Minimum Income: Dual - £20,000 | Single - £21,500 (based on minimum share and 10% deposit).
Council Tax: Band B, Leeds City Council. Priority is given to applicants living and/or working in this local authority.

Please Note: Initial purchase of this property must be at the 50% share value. A leaseholder can then, if they wish, acquire the freehold by purchasing the remaining 50% at a later date. The lease does not contain provision for interim staircasing (you cannot, for example, own 60% only either 50% or 100%).

*Information is correct to the best of our knowledge, please speak to the estate agent for more information*

Shared Ownership Resales

When the owner of a Shared Ownership property decides to sell the share they own, this becomes a re-sale. You will only be able to purchase the same or larger share in the home as the existing owner, which can vary between 25% and 75% of the property's market value. Then, just like Shared Ownership, you pay a reduced rent on the remaining share. 

50% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£200,000.00 £100,000.00 £229.17

Find out more