3 bedroom house for sale
7, Hadfield Place, DN36 4BF
Share percentage 50%, full price £160,000, £4,000 Min Deposit.
Share percentage 50%, full price £160,000, £4,000 Min Deposit.
Monthly Cost: £689
Rent £183,
Service charge £50,
Mortgage £456*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- 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.
Summary
Brand new 3-bedroom mid-terraced house on the Wigmore Park development, available through shared ownership in Lincolnshire. The price represents purchasing a 50% share of the property.
Description
Brand new 3-bedroom house on the Wigmore Park development, available through shared ownership in Lincolnshire. The price represents purchasing a 50% share of the property.
About the Development
Wigmore Park is a development by Barratt Homes, located a short drive from the Lincolnshire Wolds and Cleethorpes beach, near the popular town of Grimsby
The development will feature a selection of 2 and 3 bedroom homes that will be available to purchase on the Shared Ownership Scheme.
About the Home
This property is a 3 bedroom, brand new and energy efficient terrace home; with kitchen/dining to the rear and lounge to the front of the home & WC. Three bedrooms, bathroom and flooring throughout. This property also comes with 2 parking spaces.
About the Area
Living at Wigmore Park, you'll enjoy a warm community atmosphere which is ideally placed to take a stroll along Buck Beck or explore the beautiful countryside of the nearbyLincolnshireWolds. You will be well-connected for commuting or shopping in Grimsby town centre by the A16 and nearby train station.
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
- New build house
- Flooring throughout
- Two parking spaces
- Shared Ownership scheme
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 50%, full price £160,000, £4,000 Min Deposit. Calculated using a representative rate of 5.26%
