3 bedroom house for sale

Available

Raley Drive, Barnsley, S75 1FL

£73,500 · Shared Ownership Resale

Share percentage 35%, full price £210,000, £7,350 Min Deposit.

Available
3 bedrooms
3 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£73,500 Shared Ownership Resale

Share percentage 35%, full price £210,000, £7,350 Min Deposit.

Monthly Cost: £742
Rent £335, Service charge £34, Mortgage £373*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership Basis

Description

This three-storey, mid-terrace house is traditional in style but with the energy-efficiency benefits that modern construction provides. On the ground floor is a reception room, an under-stairs cloakroom and, at the rear, an attractive kitchen/dining room with patio doors that open onto the garden. The stylish main bathroom is on the first floor, along with two bedrooms - one large and one which, though smaller, could still be considered a double. A doorway and naturally-lit flight of stairs leads up to a principle bedroom with built-in wardrobe and en-suite shower room. The driveway at the front of the house provides off-street parking space for two cars and the town centre/railway station can also be easily reached via bus or by brief bike ride. If travelling further afield, the M1 is around an eight-minute drive away (Google Maps).

SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £210,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/27r3ejv6]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Heylo. Heylo Housing requires that all applicants must have a permanent right to reside in the UK.
Tenure: Leasehold (125 years from 21/06/2019).
Minimum Share: 35% (£73,500).
Shared Ownership Rent: £335.15 per month (subject to annual review).
Building Insurance + Management Fee: £33.85 per month (subject to annual review).
Guideline Minimum Income: Dual - £21,200 | Single - £25,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Barnsley Metropolitan Borough Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

Key Features
  • Guideline Minimum Deposit £7,350
  • Guide Min Income - Dual £21.2k Single £25.5k
  • Three Storey, Three Bedroom, Mid Terrace House
  • Approx. 826 Sqft Gross Internal Area
  • High Performance Glazing
  • Bathroom, Shower Room and Cloakroom
  • Rear Garden
  • Two Parking Spaces
Particulars

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

Property Downloads
Floor Plan Brochure
Map
Barnsley (0.66 miles) Dodworth (2.29 miles) Darton (2.65 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.

£73,500
Shared Ownership Resale
Estimated Monthly Cost:£742
Rent £335
Service Charge £34
Mortgage £373

Share percentage 35%, full price £210,000, £7,350 Min Deposit. Calculated using a representative rate of 4.64%


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.