Lower Hayes
TF1 5FY

Affordable Rent

House

2 bedroom

Purchase 25% share = £46,250 within 3 years

Added on 05/12/2025

About the property

• Rent to buy - You must purchase a minimum 25% of the current value in three years, A new valuation will be completed at the time of purchase. Property ready November
• Mid terraced 2 bed house in very popular new residential development in the Hadley area- Available NOW
• Open plan downstairs with fitted kitchen and lounge /diner and downstairs w/c
• 1 main bedroom and a smaller bedroom and a family bathroom
• enclosed rear garden and 2 parking spaces
• You must purchase 25% within three years, after the initial purchase you are able to staircase to 100 % ownership

Application criteria

• A deposit of £600 & 4 weeks rent in advance to be paid at sign up
• You need to be working and have a minimum income of £21,000 per annum.
• You need to be a first time buyer and not be on a current mortgage
• There is an obligation to purchase a minimum 25% share within three years of your tenancy commencing
• You need to have a local connection to the Telford and Wrekin area.
• You need to have no rent or mortgage arrears or legal action by a previous landlord.
• You need to have £1500 in savings proof is needed
• You need to have a low to moderate credit score, no CCJs or defaults
• You will need a bank account to pay your rent from.
• All household members need to be a British citizen, EEA or Swiss National.
• This home will not be available to purchase under the 'Right to Acquire'