Payne Drive
- A fantastic opportunity to buy with shared ownership
- Get onto the property ladder
- Private turfed rear gardens
- Two parking spaces
- Ready to reserve off plan
- Call now for details
- Years remaining: 0 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: £285
- Ground rent increase: Contact branch
Council Tax Band: Contact branch
Tenure: Leasehold
Alcester Park is located on the north western edge of Alcester, close by to the smaller villages of King's Coughton and Arrow. Alcester itself is a market town of Roman origin at the junction of the River Alne and River Arrow in Warwickshire, approximately eight miles west of Stratford-upon-Avon, and eight miles south of Redditch on the Worcestershire border. The town is noted for its historic High Street, lined with well-preserved black-and-white timber frame Tudor houses
Alcester is a thriving and popular place to work and live. The town boasts a good range of local shops and amenities including lots of places to eat and drink
Alcester is ideally located close to the A46. From here it's easy to travel to Evesham, Stratford-Upon-Avon and beyond. The M42, M40 and M5 are all between 20 and 30 minutes away.
Service Charge Rent
£128,000 for a 40% shareOpen Market Value: £320,000
Monthly Rent: £440.00
Service Charge: £23.69
Ground Floor
Kitchen/ Dining Room
13' 10" x 11' 10" ( 4.22m x 3.61m )Living Room
14' 4" x 12' 3" ( 4.37m x 3.73m )Downstairs W.C
First Floor
Bedroom One
12' 9" x 8' 8" ( 3.89m x 2.64m )Bedroom Two
15' 5" x 7' 4" ( 4.70m x 2.24m )Bedroom Three
11' 11" x 8' ( 3.63m x 2.44m )Bathroom
First Come First Serve
This guidance applies to every allocation of a shared ownership home to a prospective customer.We will ensure all prospective customers are aware of our approach when offering them a shared ownership home.
We will ensure all prospective customers are aware of the process prior to expending any cost to themselves.
When demand for our shared ownership homes outstrips the supply, it is imperative that we are clear in how we allocate and offer our shared ownership homes to prospective eligible customers.
In line with regulatory guidance, we must be open in offering our shared ownership homes on a first come first served basis. Our first come first serve process at Stonewater is based upon:
Whoever is first to register with TMP, The Mortgage People and carry out an initial, affordable assessment.
Anyone who registers after the first registration will be advised of the fact they are on a waiting list. Should the person in front of them not proceed, they will be contacted before anyone else, subject to any priority applications.
https://stonewaterhomes.co.uk/first-come-first-serve-guidance
Please Note
Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans may contain elements which are not present upon the final completion of the property. All room dimensions are approximate and are for general guidance only.Kitchen and Bathroom images are of a similar house type and for illustration purposes onlyUse our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
REDDITCH
Worcestershire
B98 8AE
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.