3 bedroom house for sale

Available

Cherry Tree Place, Wath Upon Dearne, S63 7NR

£125,000 · Shared Ownership Resale

Share percentage 50%, full price £250,000, £12,500 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
Contact resale owner : 01709917676 or sandra.wilson@elr.co.uk
Floor plan
floor-plan
Floor plan
floor-plan
£125,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £250,000, £12,500 Min Deposit.

Monthly Cost: £868
Rent £234, Mortgage £634*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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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.
Summary

3-Bedroom detached house for sale

Description

Available with no forward chain, offered for sale is 50% ownership (£115,000 - £125,000) of this 3 bedroom detached house with the remaining 50% owned by Johnnie Johnson Housing (*). Further % ownership can be purchased up to 100% and the price increases accordingly i.e. 100% at a guide price of £230,000 - £250,000. (purchasing terms & conditions apply.) Enjoying a corner location upon this cul de sac location, is this 3 bedroom detached home with rear solar panels & rear enclosed driveway. This property which may particularly appeal to first time buyers enjoys enclosed front & rear gardens together with a ground floor WC. The living room has a dual aspect together with a very useful under stair storage cupboard & leading from the living room is this spacious dining kitchen. The kitchen is fitted with a comprehensive range of wall, base & drawer units and sale can include free-standing cooker, fridge/freezer and washing machine. To the side entrance porch is a cupboard housing the wall mounted boiler & a courtesy door gives access to the side footpath. The ground floor WC is to the rear elevation. To the first floor are the three bedrooms & the family bathroom. The bathroom is fitted with a modern white 3 piece suite with a new electric shower over the bath & tiling to the bath area. To the rear is an enclosed garden area which incorporates a double tandem style driveway. The property stands opposite Wath Comprehensive School & on a bus service route. Wath park is at the bottom of Sandygate & the abundance of Wath shops and amenities are within approx 1.5 miles away. (*) N.B. If 50% or 75% ownership is purchased, then the remainder will be leased from Johnnie Johnson housing with rent to include insurance at £234.22p per calendar month. No forward chain.

Key Features
  • No forward chain
  • 3-bedroom detached house
  • Corner position with parking for two cars to the rear
  • Solar panels
  • Property redecorated throughout (2023)
  • New boiler under ten-year warranty (installed 2023)
  • New electric shower (installed 2023)
  • Available with all blinds and white goods in the kitchen, if desired
  • Two good sized double bedrooms & a single bedroom
  • Ground floor WC Front
  • Rear lawned garden
  • Opposite highly regarded Wath Comprehensive School
  • Great opportunity for first time buyers or a growing family
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Map
Swinton (South Yorkshire) (1.46 miles) Bolton-On-Dearne (1.96 miles) Mexborough (2.06 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.

£125,000
Shared Ownership Resale
Estimated Monthly Cost:£868
Rent £234
Mortgage £634

Share percentage 50%, full price £250,000, £12,500 Min Deposit. Calculated using a representative rate of 4.64%


Private seller 319951
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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.