RS: 49 Sir John Barrow Way

49 Sir John Barrow Way, Ulverston, South Lakeland, Cumbria, LA12 9SZ

RS: 49 Sir John Barrow Way

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This semi-detached bungalow is part of a recent development by Oakmere Homes on the outskirts of Ulverston. The immaculately-presented property features a kitchen/dining room with bay window, attractive flooring and handle-less, dove-grey units.

There is a stylish bathroom, a good-sized bedroom and a reception room with double doors that open onto the garden. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating.

The house comes with parking for two cars and the nearby A590 follows a picturesque route through the beautiful local countryside before connecting to the M6 motorway. The town centre and railway station can also be reached on foot or by brief cycle ride.

Features:

  • Guideline Minimum Deposit £9,000
  • Guideline Income £18k Dual | £20.8k Single
  • Single Storey, Semi Detached House
  • Approx. 523 Sqft Gross Internal Area
  • High Performance Glazing
  • Gas Central Heating
  • Rear Garden
  • Parking for Two Cars

Tenure: Leasehold (125 years from 2020).

Minimum Share: 50% (£90,000).

Shared Ownership Rent: £207.49 per month (subject to annual review).

Combined Insurance and Admin Fee: £24.33 per month (subject to annual review).

Guideline Minimum Income: Dual - £18,000 | Single - £20,750 (based on minimum share and 10% deposit).

Council Tax: Band A, South Lakeland District Council. Priority is given to applicants living and/or working in this local authority.

*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
£180,000.00 £90,000.00 £206.25

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