Affordable entry in desirable Tetbury with garden and parking close to schools.
- 53% shared ownership; rent £359.76 pcm on the remaining share
- Service charge £4,317.12 pa (includes insurance and sinking fund)
- Two double bedrooms; modern family bathroom
- Good‑sized sitting room and kitchen/dining with garden access
- Enclosed rear garden and allocated off‑street parking
- Leasehold with 114 years remaining; covenant under Housing Act 1985
- Fast broadband, excellent mobile signal, no flood risk
- Total area approx 826 sq ft; modest external maintenance required
A modern two‑storey terrace finished in Cotswold stone, offered as a 53% shared‑ownership home ideal for first‑time buyers seeking affordable entry in Tetbury. The ground floor is light and practical with a good‑sized sitting room, fitted kitchen/dining room and double doors out to an enclosed rear garden. Two double bedrooms and a modern family bathroom occupy the first floor, giving comfortable accommodation across approximately 826 sq ft.
Practical points to note: you buy a 53% share and pay rent of £359.76 pcm on the remaining share, and an annual service charge of £4,317.12 (this includes building insurance, management fee and sinking fund). The property is leasehold with 114 years remaining and is subject to a covenant under section 157 of the Housing Act 1985, which restricts occupancy to those with a local connection and requires consent to let.
The location is a strong selling point — Tetbury sits in the Cotswolds close to good road and rail links, quality schools and local shops and amenities. Broadband and mobile signal are excellent, there is off‑street parking and no flood risk. For a buyer wanting affordable ownership in an attractive market town, this house offers a ready‑to‑move‑into option with modest external maintenance and straightforward layout.
Considerations: shared ownership means ongoing rental costs and limitations on resale or letting due to the covenant. The service charge is higher than average and should be factored into monthly budgets. For buyers who plan to increase their share over time, the property presents clear potential to move to 100% ownership at the full price shown.
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