Share Price £92,250 (from 45% Min. Share)

Full Value £205,000 | £4,613 Min. Deposit

Scheme: Shared Ownership

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Hainbury Meadows - 2 bed house in Ilchester - Somerset

place Dragonfly Chase, BA22 8WF

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Yarlington Homes

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New end-of-terrace house with two parking spaces


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Description

>Two bedroom, end-of-terrace house
>Available plot: 19
>Available on Shared Ownership
>Deposits starting from £4,612.50*

Ground floor
Featuring a spacious living room. The kitchen diner is fitted with an oven, hob and cooker hood. A door leads out to the turfed, rear garden. On this floor, you'll also find a WC and two storage cupboards.

First floor
Upstairs, there are two comfortable bedrooms, withbuilt-in storage to the master. The family bathroom is fitted with white sanitaryware, including a shower over the bath.

Additional information
Allocated parking is provided for two cars

Winner of Housing Association of the Year at the WhatHouse? Awards 2020
The largest event in the UK new homes industry, the WhatHouse? Awards celebrates the very best new homes. This award is judged on design and build, value for money, as well as management and marketing. WhatHouse? also looked for examples of innovative solutions to help buyers onto the property ladder or into rented homes.

We’re absolutely thrilled to accept this award, and to continue helping more people find their dream home through schemes such as Shared Ownership.

*Reservation will be subject to a satisfactory financial assessment. Completion dates are subject to change. Affordability and eligibility criteria apply. All figures are illustrative based upon buying a minimum share. Purchase share values will be determined based upon applicant’s individual financial circumstances, in line with Homes England guidelines. Applicants will be referred to a nominated mortgage advisor for a financial assessment and will be expected to maximise the percentage of share they purchase.Images may be computer generated and are for illustrative purposes only, so may not be representative of exact plots. Images may be of a different model of home. Individual specification, fittings and features such as windows, brick, carpets, paint and other material colours may vary. Any furnishings are virtually staged and not included in any sale, but are for guidance only.


Key Features

  • Spacious living room
  • Fitted kitchen diner with oven, hob, hood and fridge freezer
  • Turfed, rear garden
  • White sanitaryware to family bathroom and downsatirs WC
  • Allocated parking for two cars

Download Documents

Link to the floor plan Property brochure 1
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Calculate Monthly Cost

Share price
£ 92,250
Min. £92,250
Share percentage
Min. 45%
Your deposit
Min. £4,613
Monthly cost*
£753
Cost breakdown
£258
Rent
£35
Service charge
£460
Mortgage*
Calculated using a representative rate of 3.94%
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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.