Share Price £50,000 (from 40% Min. Share)

Full Value £125,000 | £2,500 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom house in Sheffield - Sheffield

place Wickfield Road, South Yorkshire, S12 4TU

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Home Group Resales

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Purchase this two bedroom semi-detached house for a 40% share of £50,000

Eligibility

Terms and conditions
*** Priority is given to those registered with Help to Buy North East Yorkshire and the Humberside, first time buyers and those who have a local connection to Sheffield. A financial assessment to determine prospective buyers’ eligibility is required prior to being accepted to purchase (further information is available on request).***

Description

Details
Tenure: Leasehold
Years remaining on lease: 141 years approx.
Approximate internal area: 74 sq. m.

General information
Lease: 149 years from March 2010
Local Authority: Sheffield City Council
Council Tax Band: C
EPC Rating: B (84)

Introduction
Two bedroom semi-detached house located in Sheffield: the heart and soul of South Yorkshire. Ideal starter home close to Hackenthorpe rail station (0.7 mi); providing easy access to Sheffields supertram stop, Sheffield Victoria and London King’s cross. Benefits include good sized bright and airy rooms, secure burglar alarm system for safety and peace of mind and ample storage space.

Costs
TWO BEDROOM SEMI DETACHED HOUSE
PRICE - £50,000*
SERVICE CHARGE - £27.89pm†
*This represents a 40% share of the full open market value of £125000
†This includes: service charge, management charge and building insurance charge. This is reviewed on an annual basis.

Viewings
Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

If - after viewing the property - you would like to make an offer, you must register your interest with the Resales Team.

Key Features

Full description
Modern composite entrance door to the hallway with secure alarm system and stairs raising to the ground floor. Access to the W.C and dining/kitchen area.
Dining/kitchen area (2.78m x 4.82m) with modern white high gloss wall and base units, complimentary work surfaces and chrome fittings. Appliances include: extractor, and an integrated cooker and hob. Window to rear aspect overlooking garden.
Living room (5.55m x 3.22m) with composite door to rear garden. Window offering a good degree of natural light.
Master bedroom (2.44m x 3.92m) with views of an open grass area / Bedroom two (3.01m x 3.25m).
Family bathroom has panelled bath with overhead shower attachment, shower screen, wash basin and W.C.
Neutral carpets laid throughout living areas and vinyl flooring laid to the kitchen and bathroom.

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Calculate Monthly Cost

Share price
£ 50,000
Min. £50,000
Share percentage
Min. 40%
Your deposit
Min. £2,500
Monthly cost*
£269
Cost breakdown
£0
Rent
£28
Service charge
£241
Mortgage*
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Home Group Resales

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Location

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.