3 bedroom house for sale

Available

26 Holly Blue Way, , S81 7FW

£102,500 · Shared Ownership New Build

Share percentage 50%, full price £205,000, £5,125 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£102,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £205,000, £5,125 Min Deposit.

Monthly Cost: £858
Rent £235, Service charge £39, Mortgage £584*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 3 bedroom semi-detached house in the Gateford Manor development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 3 bedroom semi-detached house in the Gateford Manordevelopment. The price advertised represents purchasing a 50% share of the home.

About the Development

Two and three bedroom homes available now at Gateford Park near Worksop and with easy transport links to Sheffield city centre. This development is perfect for families and commuters alike. Situated close to Clumber Park and Creswell Crags, you’ll find nature on your doorstep. You’re also just a 25 minute drive from Meadowhall, with shops, cinemas and more on offer. You’ll find peaceful village life here with the bustling city a convenient half hour drive away.

About the Home

Entrance hall leads to the downstairs WC, storage space and kitchen. At the rear of the property is a spacious lounge and french doors which open on to the enclosed garden. On the first floor there are 3 bedrooms, further storage space and the family bathroom. This home has 2 parking spaces.

About the Area

Set just outside the centre of Worksop, the area offers a great range of local amenities. Gateford offers the village environment, without being too far away from the vibrant local pubs, bars and restaurants. Alongside, you also won’t ever be short on food, with the local Asda Superstore around the corner.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. Lounge with French doors opening to the garden
  2. Storage space
  3. 2 parking spaces
  4. Ground floor WC
  5. Flooring throughout
  6. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Shireoaks (1.55 miles) Worksop (1.77 miles) Kiveton Park (4.32 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£102,500
Shared Ownership New Build
Estimated Monthly Cost:£858
Rent £235
Service Charge £39
Mortgage £584

Share percentage 50%, full price £205,000, £5,125 Min Deposit. Calculated using a representative rate of 5.26%


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.