SECTION 106 AFFORDABLE HOUSING PROPERTY – LOCAL OCCUPANCY RESTRICTIONS APPLY
7 Oak Close is a modern two-bedroom terraced home, and situated on a popular residential development. The property offers well-presented accommodation throughout, comprising an entrance hallway, lounge, fitted kitchen and ground floor WC. To the first floor are two double bedrooms and a family bathroom. The property benefits from mains gas central heating and double glazing.
Externally, the property benefits from a rear lawned garden and off-street parking for two vehicles.
The property is offered for sale under the terms of a Section 106 Agreement as an Intermediate Affordable Dwelling and is available at 70% of open market value.
Prospective purchasers must meet the eligibility criteria set out within the Section 106 Agreement, including:
- a local connection to Richmondshire; and
- evidence that they are unable to purchase the property at full market value but are able to purchase at the discounted sale price.
The property must be occupied as the purchaser’s sole/main residence.
All sales are subject to approval by the local authority prior to exchange of contracts.
For further information regarding the eligibility requirements and purchasing process, please get in touch.
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