Tithe Crescent, Brockworth, Gloucester, GL3 4XL

Shared Ownership

This superb modern home is available to buy from as little as £202,500 with a 45% share!

Situated in a popular residential development in Gloucester, this beautifully presented four-bedroom family home offers generous and versatile accommodation, perfectly suited to modern living. The property features a spacious living area, a well-appointed kitchen with adjoining utility room, and a separate study, providing an ideal space for home working. With two contemporary bathrooms and four well-proportioned bedrooms, there is plenty of room for families of all sizes.

Designed with practicality and comfort in mind, the home offers a flexible layout with bright, well-maintained interiors throughout. The utility room adds valuable everyday convenience, while the study provides a quiet retreat for remote working or additional family space. Every room has been thoughtfully arranged to maximise both space and functionality.

Externally, the property benefits from a garage and two allocated parking spaces, ensuring ample parking and storage. Ideally located close to local amenities, highly regarded schools, green spaces and excellent transport links, this fantastic home offers the perfect balance of convenience and contemporary family living.

Room Measurements (at widest points): Kitchen / Dining / Family Area: 8.03m × 3.33m Utility: 2.63m × 1.76m Study: 2.41m × 2.36m Living Room: 4.77m × 3.49m Hall: 4.92m × 1.78m

Bedroom 1: 4.28m × 3.39m

En-suite: 2.27m × 1.50m Bedroom 2: 3.66m × 2.75m Bedroom 3: 3.32m × 2.80m Bedroom 4: 3.94m × 2.86m

PRICING & AFFORDABILITY

Full Market Value: £450,000

45% Share Price: £202,500 (rent £557.67pcm) Minimum 5% Mortgage Deposit (45% share): £10,125 Approximate Service Charges: £41.68pcm* Lease: 990 years

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000. • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence. • You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.