Homes within Reach, in partnership with Caerphilly County Borough Council, have two remaining properties available for sale which are anticipated to complete in the Summer 2011.

Plot 36 (3 bed 'Ebbw'  mid link house) - From £72,500


            

Plot 34 (4 bed TF34' link house) - From £89,650

Click on the links below to view the site plan and property plans: 


View Site Plan

3 bed, 3 storey house 'Ebbw' type

4 bed, 3 storey house 'TF34' type
 

*The Open Market Values of the properties are correct at the time of publication. They may be subject to change as market conditions change.


The properties are offered for sale on a ‘shared equity’ basis and  you may exercise the following options: 

·    You may purchase between a 50% and 90% equity share in a property in the first instance.  Example: If the open market value of a property is £115,000 and you wish to purchase a 50% equity share, you will pay £57,500.  You do not pay any rent or other repayments on the remaining percentage retained by the  housing association.  You may repay the loan voluntarily or upon future sale

·    You may increase your equity share at a later date by purchasing additional equity from the housing association (in portions of not less than 10%)

·    You may purchase the housing association's equity share outright but this is normally restricted to the first 3 years of occupation.  The housing association will then remove its Charge registered on the property

·    You may reduce your equity share by offering back a portion of equity (of no less than 10%) to the housing association who may purchase it if, for example, your circumstances change and you no longer can sustain the existing level of mortgage.  Please note, however, you will not be able to reduce your mortgage to less than 50% of the property's value

·    You may offer your property back to the housing association who may purchase it outright allowing you to remain in the property as a tenant paying rent

Please note: The amount of equity share you purchase will be based on your ability to provide an affordable mortgage, together with any savings you may have. 


You must provide the following documents with your completed application in order to be considered:

• an 'in-principle' mortgage offer from your proposed mortgage lender

• income confirmation (eg: last 3 months payslips or a letter from your employer)

Remember - the number of properties and the type of properties offered for sale are limited and will be allocated on a first come, first served basis, and in accordance with the Allocations Policy.

Service Charge
Apartments are sold on a 'leasehold' basis and are therefore subject to a service charge.  The service charge will be approximately between £7 and £10 per week but this will be confirmed in due course. This contributes towards the cost of communal lighting, cleaning and maintenance, grounds maintenance, buildings insurance and ground rent. 
 

Location
Cwm Calon is one mile from Ystrad Mynach town centre and approximately three miles from the A470, a major South Wales trunk road.  The M4 can be reached via the A470 and Cardiff is less than 30 minutes away.

Amenities
Nearby Hengoed and Ystrad Mynach have a variety of shops and businesses, including banks, building societies and supermarkets.  A wider selection may be found at Bargoed, Blackwood and Caerphilly, all within approximately 5 miles from the development.

There are schools nearby which include Tir-y-Berth and Ystrad Mynach Infants and Junior schools, Lewis Girls and Lewis Boys, and Ysgol Gyfun Cwm Rhymni Comprehensive schools.  There is also Ystrad Mynach College of Higher Education.

Transport
The nearest railway station is in Ystrad Mynach which is only 20 minutes from Cardiff and for links to all other major routes.  There is a regular local bus service with a wider service available from Caerphilly.

Recreation & Leisure
There are a number of recreational and leisure centres in the area with the closest only one mile away in Ystrad Mynach and centres at Blackwood and Caerphilly within 5 miles.  The nearest multiplex cinema is in Nantgarw, off the A470.  There are also a variety of private health and golf clubs within the local areas.

Have you registered with homeswithinreach?  Do you require an 'Application Pack'?  email homeswithinreach@uwha.co.uk    

Please indicate on your Registration and/or Application Form which PROPERTY TYPE you wish to be considered for and at what percentage you wish to purchase!