Share Price £42,000 (from 25% Min. Share)

Full Value £168,000 | £2,100 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

3 bedroom house in Cramlington - Northumberland

place Strother Way, Cramlington, NE23 8AN

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail

Home Group Resales

favorite_outline Save Property

This ideal 3-bed family home! In a quiet cul-de-sac in Cramlington, your new home is perfect for commuting, ideal for local amenities and conveniently close to leisure and shopping facilities.


Eligibility

Minimum household income requirement: 17,189.92^

Application process: A financial assessment must be completed before any physical viewing can take place. This forms part of Home Group's buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.

We will not carry out any credit checks or contact any reference agencies without your written consent.

Help to Buy Agent: In order to apply you must be registered with Help to Buy North You will need to provide your HTB reference when completing the application process.

Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.

Pets: Not to keep any bird, fowl, dog, cat or other creature on the Premises other than with the written permission of the Landlord which shall be in the form of a revocable licence.

- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can take place.

Virtual and physical viewings are held strictly by appointment - call today for more information.

Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply please register your interest with the Resales Team.


Description

***Please quote STRO358 when enquiring. ***

- Introduction -
Step onto the property ladder with this ideal 3-bed family home! In a quiet cul-de-sac in Cramlington, your new home is perfect for commuting, ideal for local amenities and conveniently close to leisure and shopping facilities. Local schools and amenities close by with a regular bus route and local train station providing easy access to Newcastle City Centre. Could this be the starter home you're looking for?

- What the owner says -
"The location is central to all shops and local amenities and public transport hubs. Local schools and amenities are close by with regular bus route and local train station providing easy access to Newcastle City Centre".

- Full description -
Shared ownership is a government backed scheme that can be a stepping stone to completely owning your own home. If you're finding it difficult to save for a deposit this is a great option as the amount you'll need is based on the share you're buying.


Key Features

- Entrance hall (2.20m x 1.32m /7' 6" x 4' 4")
- Cloakroom with WC and wash hand basin (2.00m x 1.56m / 6'7" x 5'1")
- Open plan living room area including kitchen (7.20m x 5.38m/ 23' 7" x 17'7") with stairs and cupboard.
- Lounge area with patio doors to garden (5.38m x 5.29m / 17'8" x 17'4")
- Kitchen (4.00m x 2.00m/ 13' 1" x 6' 7") with a full range of wall and floor units. Appliances include a gas hob and hood and electric oven.
- First floor landing with cupboard for potterton gas boiler
- Front bedroom (3.78m x 2.86m / 12' 5" x 9' 4")
- Rear bedroom (3.40m x 2.79m / 11' 2" x 9' 2")
- Rear bedroom (2.48m x 2.26m / 8' 2" x 7' 5")
- Bathroom (2.47m x 2.12m / 8' 1" x 7' 0") includes a bath with overhead shower, wash hand basin and W.C.
- Fitted carpets to stairs, landing and all bedrooms, wooden flooring to kitchen and living area and vinyl flooring to the bathroom.
- Gas central heating.
- A fenced private garden to the rear mainly laid to lawn with patio area for seating.
- Two parking spaces to the front.


Budget Calculator
arrow_backwards Back to 3 bedroom house in Cramlington - Northumberland

Calculate Monthly Cost

Share price
£ 42,000
Min. £42,000
Share percentage
Min. 25%
Your deposit
Min. £2,100
Monthly cost*
£3,186
Cost breakdown
£270
Rent
£2,707
Service charge
£209
Mortgage*
Calculated using a representative rate of 3.94%
help

Sign in to Register Your Interest mail

Home Group Resales

favorite_outline Save Property

Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.