Gladstone Place

Agent Note

This property is being sold on a 40% Shared Ownership basis with a current rent and service charge payment of £704.05 Per month.
We understand the tenure of this property to be LEASEHOLD with 89 years remaining on the lease.
The agent understands the property is council tax band: C.
This property is offered for sale on a 40% shared ownership basis in partnership with Community Housing. The purchaser will acquire a 40% share of the property and will be required to pay rent on the remaining share to the Housing Association.
Eligibility criteria below:
- Need to be over the age of 18
- Be unable to buy on the open market
- Not earn in excess of £80,000
- Not already own a property (unless in exceptional circumstances)
- Must have a local connection to the area
- Be able to raise a mortgage to cover the share you wish to purchase
- Be able to afford to pay the remaining rent and bills etc.
- Have enough saved to cover the mortgage and legal fees and any additional moving costs
- Be registered on Home Choice plus, Housing Register. You can apply online at

Agent Note Continued

Community Housing will require evidence of registration This is to confirm a local connection to the Wyre Forest.
To apply for one of the Community Housing Group properties potential purchasers need to complete an application form and an income and expenditure statement, please find the links below.
Application Form - https://www.communityhousing.co.uk/uploads/Application.pdf
oIncome And Expenditure Form - https://www.communityhousing.co.uk/uploads/IncomeAndExpenditure.pdf
A financial assessment will need to be undertaken by a financial advisor who will need to complete a budget planner and a mortgage or cash buyer sign off sheet. Community Housing to provide.
Once the application has been completed, evidence has been gathered, budget planner and sign off form completed, registered on Home choice Plus, an email application can be made with supporting documents to:
Community Housing will then assess the application. This normally takes around a week. If successful, you can then place an offer on the property.
Please be note that this property is governed by a Rural Restricted Lease, This means that if you purchase all of the property (100%) it will still remain a Leasehold property. If you have purchased in excess of 80% of the property, the terms of the lease state that The Community Housing Group have to buy it back. This type of lease is used to ensure that social housing remains in rural areas.

Approach/Driveway

Tamacadam driveway, parking for two vehicles and an EV charging point.

Entrance Hall

Hallway which has stairs that ascend to the first-floor landing and doors to the w.c, dining space and the sitting room which has windows looking out to the front and side.

Downstairs W.C.

Low-level toilet and a wash hand basin

Sitting Room

16' 3" x 10' 3" ( 4.95m x 3.12m )
Double glazed windows to the front and side, ceiling light point and radiator.

Kitchen

13' 2" x 7' 1" ( 4.01m x 2.16m )
A mixture of wall mounted and base units with stone work tops over and an inset stainless-steel sink, integral double oven and grill, an electric hob, extractor hood above and a microwave, connections for a fridge/freezer, dishwasher and a wine cooler, double glazed window to the side, sliding door to the utility room.

Utility Room

Wash hand basin and connections for a washing machine and a tumble dryer and ceiling light point..

Dining Room

12' 11" max x 8' 6" ( 3.94m max x 2.59m )
Double glazed windows to the front and side, ceiling light point, radiator, French doors which open out to the rear garden and an opening into the Kitchen.

First Floor Landing

Doors radiating off to the three bedrooms and the family bathroom.

Bedroom One

12' 8" max x 11' 8" max ( 3.86m max x 3.56m max )
Fitted wardrobes, double glazed windows to the front and side, radiator and ceiling light point. A door to the En-suite.

Ensuite

Enclosed shower cubicle, a vanity unit with storage and an inset wash hand basin, a low-level toilet, a heated towel rail and a double glazed window to the front.

Bedroom Two

12' 4" x 10' 4" ( 3.76m x 3.15m )
Access to a storage cupboard and double glazed windows to the front and side.

Bedroom Three

7' 3" x 6' 10" ( 2.21m x 2.08m )
Double glazed window to the side.

Bathroom

Bath with a shower over, a wash hand basin, a low-level toilet, a heated towel rail and a double glazed window to the side.

Rear Garden

Low maintenance garden, entertaining space, paved patio, gravel areas, a raised decking, a timber shed, a wealth of mature trees, shrubs and bushes and a gate which leads out to the front of the property.