A new pathway home with Share to Buy
|

3 bedroom house for sale

Available

7 Burrows Way, , S43 1FR

£130,000 · Shared Ownership New Build

Share percentage 50%, full price £260,000, £6,500 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£130,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £260,000, £6,500 Min Deposit

Monthly Cost: £1,063
Rent £298, Service charge £59, Mortgage £706*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • 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.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

3 bedroom semi-detached house in the Brimington Heights development. The price advertised represents purchasing a 50% share of the home.

Description

3 bedroom semi-detached house in the Brimington Heights development. The price advertised represents purchasing a 50% share of the home.

Start building your future ~ the affordable way ~ with Shared Ownership

About the Home

The entrance hall leads onto the stairs leading for the first floor and door opening into the lounge. Access from the lounge to the open plan kitchen/diner with under stairs storage cupboard and downstairs WC, French doors leading to the rear garden.

On the first floor there are two double bedrooms, a single third bedroom and the three piece family bathroom.

About Shared Ownership

Shared Ownership enables you to buy a share of a home with a mortgage and pay rent on the remaining share. There will be a lease for the portion of the home you don’t purchase, with Sage Homes.

Initially you can buy a minimum 25% share of a home (the maximum you can buy initially is 75%). You can buy more shares or take your ownership to 100% at a later date; this is known as staircasing.

See our Shared Ownership Guide for more information, eligibility & next steps.

About the Development

Brimington Heights has a village feel yet is ideally located near a range of local amenities, shops, schools and restaurants, in the popular area of chesterfield. Ideally situated for commuters, just 10 minutes from the M1 and only 30 minutes from Sheffield by train,

About the Area

Set just outside the centre of Chesterfield, the area offers a great range of local amenities. You can take a trip to the historically renowned Crooked Spire or even sample the vibrancy of the local bars and restaurants. The development is set close to outstanding schools and health centres, shops, and restaurants only a quick stroll away.

T&C's

*Please note these photos are for information purposes only and may not represent a true likeness for the homes being sold. Some of the images may have been taken from another development of similar style houses and been digitally furnished to represent how the home could be laid out. The final colours / appearance may differ from the images shown both externally & internally. Please speak to our sales agent for more specification information.

*As per the KID1 document; Services Charge will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. NHBC Warranty
  2. Allocated parking
  3. Flooring throughout
  4. Good storage
  5. Kitchen/dining with doors to garden
  6. Service charge applicable
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Chesterfield (1.50 miles) Dronfield (4.57 miles) Dore & Totley (7.20 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

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

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.

Read More Read Less
  • 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.

£130,000
Shared Ownership New Build
Estimated Monthly Cost:£1,063
Rent £298
Service Charge £59
Mortgage £706

Share percentage 50%, full price £260,000, £6,500 Min Deposit. Calculated using a representative rate of 4.78%


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.