London Home Show, September 27th
|

3 bedroom house for sale

Available

27 Majesty Close, DH8 7FN

£53,750 · Shared Ownership New Build

Share percentage 25%, full price £215,000, £2,688 Min Deposit.

Available
3 bedrooms
3 Bathrooms
Back Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£53,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £215,000, £2,688 Min Deposit

Monthly Cost: £677
Rent £370, Service charge £15, Mortgage £292*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility

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

Nestled on the edge of historic County Durham and available on Shared Ownership, this brand new home has good links to the northeast and the world famous scenery of the Pennines!

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. Parking - Off Street Parking for 2 cars

About the site
The charming town of Consett, County Durham, sits near the North Pennines Area of Outstanding Natural Beauty surrounded by the stunning scenic landscapes of the Derwent Valley. Once a powerhouse of the steel industry, it now blends industrial heritage with scenic beauty, a strong sense of local pride, and active community groups. A diverse range of educational institutions cater to children from early years right through to further education, with a mix of community schools, Church of England and Roman Catholic schools, academies, and colleges. Come and explore the town’s steelmaking legacy through interactive exhibits at the Consett Heritage Centre or experience a bygone age at Beamish Museum open-air museum. Visit Derwent Reservoir for walking, fishing, sailing, and birdwatching. Consett Park brings gardens, sports facilities, and events to the middle of the town, or perhaps it's off up to the rugged uplands for a hike.
The town has good transport links to the rest of the northeast including Durham and Newcastle, as well as Northumberland and the Metrocentre, with regular bus services to surrounding towns, and international travel available at Newcastle International Airport around 30 minutes away by car. There are plenty of local shops and services, a leisure center with a swimming pool, the famous Empire Theatre and Cinema, a wide range of restaurants, and all the other treats to put a sparkle in the day. Whether you are a commuter looking to enjoy the best the region has to offer or simply want to be part of a thriving town, rich in heritage and scenic beauty with everything from cozy cafés to traditional pubs and gourmet spots, Consett offers a warm welcome and hearty fare.

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

· Northeast Facing Garden for the morning sun

· French Doors to Turfed Rear Garden and Patio

· Allocated parking

· PV panels

· Family Bathroom, En Suite, and a downstairs WC!

· Step onto the Housing Ladder with Shared Ownership

· Three Bedrooms

· Open plan kitchen/dining room

· 10 Year NHBC warranty - PEA available on request

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 Certificate
Map
Stocksfield (8.71 miles) Prudhoe (9.21 miles) Chester-Le-Street (9.33 miles)
Material Information

Total rooms: 9

Room Details:

Living Room
Length: 4.73m ( 15'7'')
Width: 2.96m ( 9'9'')

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

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.

£53,750
Shared Ownership New Build
Estimated Monthly Cost:£677
Rent £370
Service Charge £15
Mortgage £292

Share percentage 25%, full price £215,000, £2,688 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.