- Description
- Keyfacts
- Location/Map
Description
Rentplus rent-to-buy 2 bedroom / 3 person second (top) floor flat. The property consists of hallway, open plan living / dining / kitchen, two bedrooms with en-suite shower room to bedroom 1 and bathroom. It has gas central heating and an allocated parking space. The weekly rent is approximately £157.64 per week (to be confirmed), one month’s rent of approximately £692.25 will be required in advance. Those with a one bedroom need can also bid for this property.
Rentplus is aimed at people who aspire to home ownership. RentPlus properties are rented at an affordable rent (80% of market rate) for an initial agreed period. At the end of the agreed period the property is sold, ideally to the existing tenants who will also be given a gifted deposit by RentPlus equal to 10% of the sale price. For general information about RentPlus please go to www.rent-plus.co.uk This property has an agreed rental period of 4 years.
You will need to meet the criteria for the scheme in order to be considered:
- In work, training for a qualification or otherwise able to show how you will be able to buy the property at the end of the agree rental period.
- Have a household income of less than £80,000 per year.
- Willing and able to save for purchase costs and deposit during rental period, whilst paying rent and household expenses.
There is a local connection requirement for this property to the County of Devon with priority to the Parishes of Axminster and Hawkchurch, then the District of East Devon:
1) Lived in the area for 3 of the last 5 years or:
2) Previously lived in the area for a continuous period of 5 years or;
3) permanent employment of 16 or more hours per week for the last 12 months or:
4) Immediate family (parent, sibling or non-dependant child) lived in the area for last 5 years and need to give or receive support.
Please ensure you meet the local connection requirement and the criteria for the Rentplus scheme before bidding for this property
Key facts
- Property reference 3557001
- Area East Devon
- Landlord Willow Tree Housing Partnership
- Property Type Flat
- Floor level Second floor
- Closing date 04/11/2024
- Bedrooms 2
- Number of occupants 3
- Heating type Gas boiler
- Energy efficiency B
- Parking Allocated Space
- Lift No
- Garden No
- Pets allowed P
- Rent £ 157.64 Detail
- Sheltered No
- Accessible housing category 5-General Needs
- Double glazed Yes
- Age restriction No
- Minimum age of at least one person NA
- All household members must be older than NA
- Local connection Yes View local connection
- Contact details Yes View contact details