Tanner Court, Codsall
Wolverhampton,
Staffordshire, WV8 1FB
Shared Ownership £71,250
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- SHARED OWNERSHIP
- 25% Equity to the vendor
- 75% Equity to Severn Homes
- Energy efficient
- Downstairs WC
- 2 Year NHBC warranty remains
- Off road parking
- Convenient to train station
- Full market value £285,000
- Modern fixtures & Fittings
This modern end terrace home, located on a popular estate, has convenient access to the villages of Codsall, Tettenhall and Brewood respectively with all hosting a wealth of independent shops, sought after schools and important local amenities.
Access to the A5 and M54 is also deemed excellent whilst the internal accommodation comprises of a living room, downstairs WC, breakfast kitchen, three bedrooms, bathroom with shower over, a spacious rear garden and off road parking is available along the side of the property.
This home, which is thought ideal for first time buyers, is available through a SHARED OWNERSHIP scheme and allows the purchaser to buy a 25% share of the property, whilst paying a subsidised rent on the remaining 75% retained by Severn Homes on a 91 year lease. We are advised the monthly rent to Severn Homes is £591.27. The monthly service charge is £31.52 and includes building insurance.
“We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £48 (incl. VAT), unless purchasers are in receipt of a gifted deposit of £10,000 or more, in which case the cost of the checks, to include checks on the gifting party (ies) is £52 (incl. VAT) which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.” We do not receive any of the fee taken by Lifetime Legal for its role in the provision of these checks. We will also require confirmation of where the funding is coming from such as a bank statement with funding for deposit or purchase price and if mortgage finance is required a mortgage agreement in principle from your chosen lender.
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Wolverhampton WV8 1FB
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