3 bedroom house for sale
11 Majesty Close, DH8 7FN
Share percentage 75%, full price £215,000, £8,063 Min Deposit.
Share percentage 75%, full price £215,000, £8,063 Min Deposit
Monthly Cost: £1,014
Rent £123,
Service charge £15,
Mortgage £876*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
You can apply to buy the home if both of the following apply:
Your household income is £80,000 or less.
You cannot afford all of the deposit and mortgage payments to buy a home that meets your needs.
One of the following must also be true:
Youre a first-time buyer.
You used to own a home but cannot afford to buy one now.
Youre forming a new household - for example, after a relationship breakdown.
Youre an existing shared owner, and you want to move.
You own a home and want to move but cannot afford a new home for your needs.
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
You must have a good credit record. Your application will involve an assessment of your finances.
Summary
This brand new it's detached home in County Durham is available on Shared Ownership, with as many bathrooms as bedrooms its ready to handle even the most manic family mornings!
Description
About The Whitton
This detached property has a bright lounge which shares the ground floor with a beautifully planned kitchen and dining room, where French doors opening to the garden add an inspiring, natural appeal to the dining area. The three bedrooms include a superb en-suite principal bedroom that incorporates a walk-in cupboard.
About the site
These brand-new properties built by Miller Homes are situated in the charming town of Consett on the edge of the North Pennines, the perfect opportunity to get on the property ladder with Shared Ownership. Nestled on the edge of the countryside, this site has good transport links to the rest of the northeast including Durham and Newcastle, as well as Northumberland and the Metrocentre. You will find plenty of local services including shops, a leisure centre with a swimming pool, a theatre, schools, restaurants, pubs, and takeaways. So, whether you are a commuter, looking to enjoy the best the region has to offer, or simply want to be part of a thriving community, Fellside Gardens is the place to start. Parking - Off Street Parking for 2 cars
Local travel
Walking
Knitsley Farm Shop – Estimated 15 minutes
Golden Fish Inn – Estimated 4 minutes
Briardale local Post Office – Estimated 10 minutes
Driving
Newcastle upon Tyne – Estimated 40 minutes
Whitley Bay – Estimated 52 minutes
Derwent Reservoir – Estimated 19 minutes
Public Transport (Bus)
Durham – Estimated 31 minutes
Newcastle upon Tyne – Estimated 1 hour and 17 minutes
Stanhope, North Pennines– Estimated 1 hour and 9 minutes
£10,750 (based on 10% deposit)
Reservation fee - £300
Shared Ownership Disclaimer
Shared Ownership is a great way to get onto the property ladder when you can’t afford to buy a home on the open market. Depending on what you can afford, this scheme allows you to buy a share of a new home, and pay a reduced rent on the remaining share. You can purchase a share of a property, typically between 25% and 75%, making it more achievable to get on the property ladder. To do this you'll only need to secure a mortgage for your share of the property, reducing the upfront costs and monthly payments. Once you’ve bought your Shared Ownership home you can choose to increase you share of the property and potentially own it outright.
Key Features
· Spacious lounge
· Three Bedrooms
· Step onto the Housing Ladder with Shared Ownership
· Northeast Facing Garden for the morning sun
· French Doors to Turfed Rear Garden and Patio
· Allocated parking
· Open plan kitchen/dining room
· 10 Year NHBC warranty - PEA available on request
· PV panels
· Family Bathroom, En Suite, and a downstairs WC!
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure Brochure Energy CertificateMap
Material Information
Total rooms: 9
Room Details:
Lounge
Length: 2.96m ( 9'9'')
Width: 4.73m ( 15'7'')
Kitchen
Length: 3.51m ( 11'7'')
Width: 2.86m ( 9'5'')
Dining Room
Length: 3.51m ( 11'7'')
Width: 2.37m ( 7'10'')
Bedroom 1
Length: 3.69m ( 12'2'')
Width: 3.21m ( 10'7'')
En Suite
Length: 1.95m ( 6'5'')
Width: 1.92m ( 6'4'')
Bedroom 2
Length: 2.98m ( 9'10'')
Width: 2.46m ( 8'1'')
Bedroom 3
Length: 3.51m ( 11'7'')
Width: 2.15m ( 7'1'')
Bathroom
Length: 2.04m ( 6'9'')
Width: 1.70m ( 5'7'')
Downstairs WC
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Back Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 75%, full price £215,000, £8,063 Min Deposit. Calculated using a representative rate of 4.78%
