New-build shared ownership home with garden and two parking spaces.
35% shared ownership available at £115,500 (full value £330,000)
A newly built three-bedroom semi-detached home offered on a 35% shared ownership basis, ideal for first-time buyers seeking an affordable entry into rural Herefordshire. The property has a fitted modern kitchen with integrated appliances, a lounge, cloakroom/WC, one family bathroom upstairs, and a turfed rear garden with two off-road parking spaces.
Practical running costs include gas central heating complemented by solar panels, and vinyl flooring in the kitchen, WC and bathroom. The home sits in a quiet hamlet-like setting with good mobile signal and fast broadband, short drives to Hereford and local amenities, and pleasant countryside footpaths and woodland nearby.
Important tenure and cost details you should note: the home is leasehold with 123 years remaining and is offered at a 35% share price of £115,500 (full market value £330,000). Monthly Rent/Service Charge of £546.60 applies (covers management and buildings insurance) — annual service charge £6,559.20, which is above average. Staircasing to increase ownership is restricted to a maximum of 80%.
The layout and specification suit buyers wanting low-maintenance modern finishes and countryside access, but the single bathroom and significant service charge may affect household budgets. Viewing is recommended for buyers wanting affordable ownership near Hereford with scope to increase equity later, within the staircasing limit.
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