38 Edwin Jones Way, Lydney

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Resale

Shared Ownership

Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans, computer generated images and photos may contain elements which are not present upon the final completion of the property.

Available

Please note, the majority of our shared ownership homes undergo a rent review in April 2025. The review will depend on the shared ownership lease, but the majority will see a 3.2% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.

Driveway for parking.
Semi detached.
Enclosed rear garden.

£135,000 for a 60% share

Open Market Value: £225,000

From £225 per calendar month

Service Charge: £57.29

Available

Available on shared ownership 1

Key Information Document

Brochure

38 Edwin Jones Way, Lydney

Stonewater are delighted to offer this attractive, 2 bedroom End Terrace house ideally situated within a quiet residential location but with easy access into town.

Built to a well thought out design the home offers a comfortable living space with living room/diner, separate Kitchen and a downstairs WC. Whilst the first floor comprises x2 bedrooms and a family bathroom. Externally the home boasts a driveway allowing for parking and an enclosed, non overlooked, rear garden.

The home is well positioned to benefit from a range of local amenities including close proximity to well performing schools and excellent travel links.

Please note that following a recent rent review the monthly charges for this property will be as follows from 01/04/2025 onwards, until the next annual rent review.

Assured Monthly Rent:

£232.55

Grounds Maintenance:

Buildings Insurance:

Management Charge:

Management Company:

Additional Monthly Charges Total :

£24.87

£10.21

£3.75

£10.62

£49.45

Assured Monthly Rent and Additional Monthly Charges Total :

£282.00

Please be aware that a local connection is needed for this property, please contact us for further information.

Viewings

Thank you for your recent interest in the above property. The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Mr Casey Dean Bowen

07532828975

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household - for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs

Please take note of the minimum income, £38,263 which is based on the minimum deposit (£6,750) for this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.

Please let us know if you need any further information and good luck with your viewing.

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