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Pearmain Road, Somerton, Somerset, TA11

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Shared Ownership 25% Share
  • Three Bedrooms
  • Lounge/Diner
  • Kitchen/Diner
  • Downstairs Cloakroom
  • Well Presented

Description

SHARED OWNERSHIP 25% SHARE
Three bedroom house available to purchase from a 25% share from £62500 with a minimum 5% mortgage deposit of £3125. Call today to arrange your appointment to view.

A well presented three bedroom terrace house in the sought after town of Somerton.
The property features a light and airy living space with a modern kitchen and an open living room, ideal for relaxing or entertaining. Upstairs, you’ll find three well-sized bedrooms, perfect for a small family or professionals.
Externally, the house benefits from two allocated parking spaces, ensuring easy off-road parking.
Somerton is an historic town with a full range of amenities and transport links to nearby towns and cities.
Early viewing recommended.

Please note, to be eligible for this property you must be in need of Affordable Housing and you must have a strong location connection with the District of South Somerset. For more information on the qualifying criteria contact
Full Market Value: £250,000
25% Share Price: £62,500
If you buy a 25% share, the share purchase price will be £62500 and the rent will be £533.60 a month.

Service charge £18.26 per month
Buildings insurance £14.82 per month
LiveWest Management Charge £13.33 per month
Total monthly payment excluding rent £46.41
(these are subject to change during the purchase process)
Reservation Fee £500
You may purchase a higher share should you qualify to.

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.


Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Pearmain Road, Somerton, Somerset, TA11

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About Palmer Snell, Martock

1 North Street, Martock, Somerset, TA12 6DH
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Our branch is located in a prime position in Martock, from where we serve the property needs of this town and the surrounding area, offering a wide selection of property types and styles with a range of prices.

Your local branch has a professional and dedicated team, and we pride ourselves on providing outstanding customer service to ensure that your property transaction is a successful one.

Why choose Palmer Snell?

Established over 200 years ago, Palmer Snell is a trusted name in the South West, with a network of established branches. Your branch is ideally situated to serve the local community and neighbouring areas, with an expert team ready to discuss your property needs, whatever they may be.

We offer the very best service and customer care through our local office network, whilst also providing national coverage as we are a part of Countrywide Plc, the UK's largest property services group, with a network of branches across the UK.

We also provide a range of property services - including mortgage advice, sales, conveyancing, new homes and surveys - all under one roof.

Local information about Martock

Martock is a small, attractive South Somerset town with an impressive church. It is near Yeovil and is close to good travel arteries such as the A303, M3 and M5.

Your mortgage

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Monthly repayments
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Disclaimer - Property reference MAR250082. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Palmer Snell, Martock. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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