Chiserley Gardens, Hebden Bridge, HX7

Nestled in the picturesque surroundings of Chiserley Gardens in Wadsworth, Hebden Bridge is a delightful end-terraced house now available for purchase. Offered at a competitive price of ?125,000, it proposes a unique part-buy, part-rent option, providing a more flexible opportunity to step onto the property ladder. This property boasts of three spacious bedrooms, a well-appointed bathroom, and a reception room, delivering all the conveniences desired in a modern home.

Stepping inside this residence, one will be met with an inviting atmosphere that is both warm and cosy. The reception room offers various layout possibilities, acting as a blank canvas for homely installations or impromptu get-togethers. It further opens up to a well-equipped kitchen that is sure to meet all culinary requirements. Each of the three bedrooms, generously proportioned, hold the promise of comfort and quality sleep. Completing the immediate interiors is the practical bathroom fitted with modern fixtures and fittings, ready for refreshing morning rituals or quiet evening soaks.

Despite being an end-terrace house, this property has been cleverly engineered to utilise space, thereby avoiding the typical constraints associated with such designs. Added to that, each room overflows with natural light, enhancing the overall airy and open feel of the home. 

Stepping outside, one can revel in the peace and tranquillity of the surrounding Wadsworth, a locality known for its enthralling landscapes and a welcoming community. The area also benefits from strong transport links, providing easy access to Hebden Bridge's finest amenities, a factor that contributes to better living standards and convenience.

In summary, this end-terraced house in Chiserley Gardens, available at part-buy and part-rent, represents not just a wise investment opportunity, but also the chance to create treasured memories in a comfortable and stylish setting. We invite you to explore this promising property and discover for yourself why it might just be the perfect fit for your requirements.

Guidance Notes for Purchaser Eligibility.

Shared ownership is aimed at people who otherwise would be unable to afford to purchase a home suitable for their current housing needs. In addition, applicants must demonstrate they can afford to purchase the property and sustain ongoing housing costs.  

We will assess a potential purchaser’s application in line with the following guidance and, if applicable, in line with the requirements of the individual lease.  

? Affordability

Housing costs should total between 25% and 45% of the applicant’s net income to qualify. Housing costs are, for the purpose of this assessment, defined as mortgage, rent and service charge.  

Housing costs under 25% of the applicant’s net income indicate the applicant may be able to purchase on the open market. Housing costs above 45% of the applicant’s net income indicate the purchase is not affordable / sustainable. In these situations, the application is likely to be declined, however we recognise that there will be situations which require us to be flexible, for example when the outcome of the affordability assessment is slightly outside the guidelines above, but another other factor illustrates that the purchase will be affordable, sustainable, and demonstrate the applicants require assistance with shared ownership to purchase a home.

? Eligibility

Applicants would be considered eligible if they fall within the following groups (this list is not exhaustive):

o Council tenants and housing association tenants.

o Those who can avoid the need for social tenancies, for example those on housing waiting lists and considered by Local Authorities to be in priority housing need.

o Those that will address housing problems in local and regional housing markets, for example key workers and then other first-time buyers.

o We will consider applications from people who have previously owned their own home if they:

- previously owned a home with a partner and that relationship broke ? down.

- need to move into an area because of their job and are unable to afford to buy outright.

- are shared owners whose income has fallen, and they could only stay as homeowners by moving to a smaller, cheaper home.

- are shared owners whose family has grown but who are still unable to afford to buy outright.

AND the applicant must meet all the following criteria:

o In the opinion of Places for People can afford to purchase the property and sustain ongoing housing costs.

o Have savings or access to funds that will cover the initial costs of buying, such as mortgage product fee; legal fees; survey and valuation fees; deposit on exchange of contract; and stamp duty.  

o Be in permanent or fixed term employment.

o Aged 18 or over.

o Have a bank account.

o Have a maximum annual income of ?80,000 (or, in London ?90,000).

? Applicants who would not be considered eligible.

The following list describes applicants who would not be considered eligible to purchase a shared ownership property. This list is not exhaustive.

o In the opinion of Places for People has the ability to purchase a home suitable for their current housing needs on the open market

o In the opinion of Places for People is unable to afford the purchase or sustain ongoing housing costs for the property they have applied to buy.

o Has unsecured debts over ?15,000?

o Has a current county court judgement that is unpaid or not yet formally ‘satisfied’

o Unable to secure a mortgage through the approved lender list as provided by the Communities and Local Government Department

o Where the property to be purchased would not be the applicant’s sole residence

o Where there is evidence of a significant breach of a previous tenancy condition

o If there are current rent or mortgage arrears or if there have been arrears within six months prior to the application.

o Their immigration or asylum status would render them unable to benefit from public funds.

? Evidence of Funding

We will require information/evidence to accompany an application to demonstrate how the purchase of the property will be funded. This will include but is not limited to: -

o A copy of a Mortgage offer/Offer in Principle

o Evidence of Savings

o Details and evidence of any cash gifts, including from those who are gifting monies


Property Reference HEB-1H6414S3KEJ