STOREY ROAD, Disley SK12 2BF

- A fantastic opportunity to acquire AFFORDABLE HOUSING for 'LOCAL' FIRST TIME BUYERS, forming part of the Low Cost Home Ownership Affordable Property Scheme by Cheshire East Council. A BEAUTIFULLY PRESENTED 3 BEDROOM, 2 BATH HOME is offered for sale with a 30% DISCOUNT APPLIED, this is a DISCOUNTED LOW COST HOUSING SCHEME and NOT to be confused with Shared Equity schemes, so there is NO rent to pay on the 30% you will be buying 70% of the property's total value. However Strict Criteria applies, see below.

- As you can see from the photographs this is a BEAUTIFULLY PRESENTED 3 BEDROOM, 2 BATH HOME with the accommodation laid out across 3 floors. Occupying the middle position of a terrace comprising 3 properties the property forms part of this popular modern development in the sought after village of Disley, an easy walk for the local shops and train station and enjoying access to the beautiful local countryside, the canal and of course stunning Lyme Park.

- The stylish accommodation comprises; entrance vestibule, living room to the front and an inner hall with enclosed stairs upto the first floor and a ground floor Wc. The breakfast / dining kitchen is set at the rear and opens with double glazed double doors to the rear garden. At first floor level, the landing which has a further staircase leading upto the second floor and the master bedroom leads onto the two double bedrooms on this floor, to the front and rear elevations respectively with a central family bathroom. At second floor level, the landing with built in cupboard opens to the en suite master bedroom, a lovely double bedroom with window to the front having far reaching views including to Kinder Scout on a good day and with en suite shower room off to the rear with velux style window.

- The property has gas fired heating and upvc double glazed windows.

- Outside, a driveway area provides off road parking to the front for 1 vehicle. The terraced rear garden is a really super feature with patio area at ground floor immediately off the kitchen and then steps rise upto the higher levels of the garden which have been landscaped by our clients. the top deck of the garden is above the roof height and affords far reaching magnificent views taking in Kinder Scout and the surrounding countryside, a real treat.

- **Eligibility for this affordable housing: Please be aware of the stringent conditions which apply to the ownership of this home. Please note the below is merely a snapshot of the main points of the scheme as we have been informed by our clients, for absolute clarification a buyer must contact Cheshire East Council and we suggest start with the council website and the section on this scheme.
The sale is for a Discounted 70% Ownership of the property.
The property has been appraised by a chartered surveyor on behalf of Cheshire East Council, the full valuation is £300,000, on the basis of the 70% ownership this means that you will purchase the property at a exact figure of £210,000 subject to contract.
We are informed that Cheshire East Council will review applications from buyers who meet the relevant eligibility criteria for the property and the Affordable Housing team at Cheshire East will allocate a buyer from applications received on a first come, first served basis.

- To be eligible for this affordable housing scheme, you must have both a local connection and a housing need along with the right to reside in the UK. Applicants should not currently own a home when applying. You will also need to meet the specific criteria for this individual property.
Criteria for the buyer at this property on Storey Road are; not to currently own a home, you must live or work in the area, or have an immediate family member who has lived in the area for 5 years or more. You will have to send a letter with the application form to Cheshire East from an FCA accredited financial advisor which confirms why the home is only affordable at the discounted value, at £210,000 - 70% of the total value which is £300,000. This is to be based on income, savings, deposit amount and mortgage amount.

*The time frame for the criteria once the home is made available for sale - which will be the available date on Rightmove for sale - is 3 months.
*The location criteria is within the boundary of Cheshire East.
*That is both for the buyer's current residence, employment and the immediate family member (parent/child/sibling).
*This criteria and the discount percentage at 70% will be applied on every sale of the home.

- A financial advisor will need to go through the buyer's financial circumstances savings, household income, maximum mortgage amount and deposit level and confirm to Cheshire East in a letter accompanying the application why the home is only affordable at the discounted value.
For example any buyer who can afford the home at it's full market value (£300,000) will not qualify.

- **All interested parties should first go to the Cheshire East website to check on the eligibility criteria under affordable housing.


*For details of the MATERIAL INFORMATION REPORT (MIR) regarding this property, on our website please click on the 'VIRTUAL TOUR' and this will load the full report separately. On Rightmove you will see at the bottom of the brochure information labelled accordingly.

**PLEASE NOTE: The Tenure information shown has been taken from the official Land Registry Portal: https://www.gov.uk/search-property-information-land-registry

If the Tenure is showing as "UNKNOWN" this means the information relating to the Tenure is not currently available on the official Land Registry Portal and we therefore advise you speak with your solicitor or take legal advice before viewing/offering/or committing to purchase this property IF the Tenure noted or lack of information affects you.

If the Tenure is shown as "FREEHOLD" or "LEASEHOLD" then this information was recorded when the property was made available and obtained from the Land Registry Portal. We cannot guarantee the information is accurate or up to date, however we expect it to be so, as it is the official register. Also to note: **All tenure types including Freehold, might have associated Rents payable. If you have any concerns you can email us on poynton@Moore Homes.co.uk before committing to view or offer.

Council Tax
Stockport, Band C

Ground Rent
£75.00 Monthly

Service Charge
£160.00 Monthly

Lease Length
986 Years

Notice
Please note we have not tested any appliances, including gas, electric, heating, water, showers, lights, boilers etc. We recommend if you have a particular concern, you consult a professional who is qualified in inspecting the type of appliance you are concerned about. Measurements are approximate and could change if a vendor has altered the property and failed to inform us of the change.