Tenure
Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.
Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.
For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.
Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.
You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.
Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.
Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.
Council tax band (England, Scotland, Wales)
Council tax is payable on all domestic properties. The amount you pay depends on the tax band. You can check the charges for each tax band online via the following websites:
England and Wales - https://www.gov.uk/council-tax-bands
Scotland - https://www.saa.gov.uk
You may have personal circumstances that mean that you pay a reduced rate. You can get more information from the local council.
- Terraced houses
- Allocated parking
Features and description
- Freehold
- Spacious three storey accommodation
- Three bedrooms
- No upward chain
- Modern kitchen / diner
- New flooring to hallway and stairs
- Downstairs wc
- Enclosed rear garden
- Close to the city centre
- Excellent transport links via bus & tram
- Plenty of storage
Great First Time Buyer Opportunity!
The property benefits from No Upward Chain, a great location and spacious accommodation over three storeys.
Located close by to regular bus and tram links as well as the train station, walking distance to the City Centre and easy access to plenty of local amenities making this a great choice.
The ground floor comprises of a porch with two spacious outside storage cupboards ideal for bike storage, entrance hall with new flooring to hall and stairs, spacious kitchen diner with plenty of space for appliances and a WC.
Stairs lead to landing with built in storage cupboard, four piece bathroom suite, spacious living room and bedroom three ideal for a child or perfect office room for those working from home. Further stairs lead to two large double bedrooms.
To the rear of the property is a good size garden with gated entrance and partially laid to lawn with a decked area.
Please click on the brochure to arrange a viewing!
Property Ownership Information
Tenure
Freehold
Council Tax Band
A
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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