A new pathway home with Share to Buy
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4 bedroom house for sale

Available

Ferriby Fields, DN33 3SW

£133,998 · Shared Ownership New Build

Share percentage 40%, full price £334,995, £6,700 Min Deposit.

Available
4 bedrooms
2 Bathrooms
Private Garden
Parking
£133,998 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £334,995, £6,700 Min Deposit

Monthly Cost: £1,228
Rent £461, Service charge £39, Mortgage £728*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

Summary

The Grainger

Description

The Grainger is a detached home featuring four generously sized bedroom and great living spaces.
A large bright living room lies at the front of the home and a fantastic open plan kitchen, dining and family room provides access into the garden at the rear.
Upstairs, the generously sized bedrooms benefit from recesses for wardrobes or desks, making the home ideally suited to home working. The property provides both a family bathroom and an en suite to bedroom one.
With an integrated garage, downstairs cloakroom and ample storage space throughout, the Grainger offers everything a busy family needs and more, making this a desirable home with longevity.
Located in the sought-after Scartho Top area on the outskirts of Grimsby, Ferriby Fields is a collection of 299 homes, designed with you in mind.
A short distance from Grimsby town centre, Scartho Top is a popular area with families; supported by the surrounding countryside and open space along with an excellent reputation for good quality schools, public transport and other amenities. Family and commuter-friendly, the development offers the chance to work, rest and play with its easy access to beautiful unspoilt territory of the Lincolnshire Wolds and traditional seaside resort of Cleethorpes, while being close enough to major road and rail networks for those working out of town.

Key Features

Financial Breakdown:
Full market value: £334,995
40% share value: £133,998
5% deposit: £6,700
Monthly Rent on un-owned share (60%) £460.62

Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
o Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
o Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information
o Please note images used in this listing are for illustration purposes and are not exact to the property.

Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Map
Grimsby Town (1.82 miles) Great Coates (2.44 miles) Grimsby Docks (2.68 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Garage

Outside Space/Garden: Yes - Private Garden

Year property was built: 2025

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.

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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.

£133,998
Shared Ownership New Build
Estimated Monthly Cost:£1,228
Rent £461
Service Charge £39
Mortgage £728

Share percentage 40%, full price £334,995, £6,700 Min Deposit. Calculated using a representative rate of 4.78%


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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.