Raglan Place, Ludlow, Shropshire, SY8
£108,000 | 2 bedrooms

*** £108,000, offered on a 60% purchase of open market value, in accordance with the Section 106 agreement *** An immaculately presented First Floor Apartment, situated on the edge of Historic Ludlow Town Centre, just off Fishmore Road. The accommodation includes Entrance Hall, Open Plan Kitchen & Living Room, Two Bedrooms and Bathroom. Allocated parking space with electric charging point, no garden. For further details on how to qualify, please see the brochure. Energy Rating B

Entrance Hall
Store Cupboard

Open Plan Kitchen & Living Room
A lovely contemporary room. The Kitchen area comprises a matching range of base and wall units of cupboards and drawers. Ample work surfaces. Sink and drainer. Integrated oven, hob and extractor fan. Space for fridge freezer.The Living Room offers a generous space, and with French doors opening up to a Juliet balcony

Bedroom One
Radiator

Bedroom Two
Radiator

Bathroom
Fitted with a white suite comprising panelled bath with shower over. Pedestal wash hand basin. Low flush WC. Part wall tiled.

Outside
There is an allocated parking space to the front of the property. There is no garden included

Agent's Note
As per the Section 106, a 'Qualifying Purchaser' means a person who is resident within or employed within or has family connections within the administrative area of the council who intends to purchase a Discounted Sale Dwelling and:1. Lacks his/her own housing or lives in housing which is agreed by the council in its absolute discretion to be inadequate or unsuitable to meet his/her existing or future requirements whether because of its tenure size type design amenity location condition security or costs and;2. Is unlikely to be able to meet his/her housing needs at the development without access to an Affordable Housing DwellingAny proposed buyer must show: 1) That they will live at the affordable property, it must be their only/principal home - it can't be purchased to let out. 2) It must be sold at 60% of its open market value - it has a restriction on its title limiting its value that cannot be removed/purchased out in the future. 3) A buyer must be resident within or employed or has family connections to Shropshire Councils administrative area - Shropshire Council will require evidence to show this. 4) They must lack their own housing (be a first-time buyer) or be able to demonstrate to Shropshire Council why their current home is unsuitable. 5) They must be unlikely to be able to purchase another property on the same development - Shropshire Council will require evidence to show this such as a mortgage agreement in principal.

Ground Rent & Service Charge
The seller informs us that a charge of approx. £376.69 is paid twice a year. The seller also stated that a 199 year lease was granted in June 2022