3 bedroom house for sale
Bluebell Drive, Newark, Newark, NG24 4FS
Share percentage 40.00%, full price £270,000, £5,400 Deposit.
Share percentage 40.00%, full price £270,000, £5,400 Deposit
Monthly Cost: £989
Rent £371,
Service charge £31,
Mortgage £587*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
The Hayton is a mid-terrace home at Lockview, available with Shared Ownership.
Description
The Hayton is a beautiful three-bedroom, mid-terrace property within the Lockview at Middleback development, an urban extension of Newark-on-Trent in Nottinghamshire.
On entry into The Hayton, you'll find a large, open living room at the front of the property with plenty of natural light and a design that naturally flows into a spacious kitchen/dining area.
The kitchen/dining space is ideal for hosting friends or family dinners, offering plenty of surface space and French doors that lead to a private turfed garden at the rear.
You'll also find a downstairs W/C and plenty of storage space on this floor.
Heading upstairs, you'll find a landing area leading to a primary bathroom, a primary bedroom and two secondary bedrooms.
The primary bedroom is extremely spacious, comes with built-in storage and a large window that provides beautiful views as well as natural light.
The secondary bedrooms are generously-sized and offer plenty of versatility - whether you're using them as bedrooms or an alternative space.
Lockview at Middlebeck is a landmark new development that will effectively create a new neighbourhood around Newark, combining stunning homes with resident amenities and access to one of the most popular places to live in the region.
Register your interest now so you don't miss any upcoming news on these brand new homes.
Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.
Ground Rent - Not applicable.
Homes England Key Information Document - please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.
NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, Please register with us to request an application form.
3. Then send your approved Application form to the Sales Team.
4. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
5. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
6. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.
We will offer shares between 10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
Key Features
- 10 year build warranty
- Turfed rear garden
- Vinyl flooring through kitchen and bathrooms
- Allocated parking spaces
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information DocumentMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: No
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 10%, full price £270,000, £1,350 Min Deposit. Calculated using a representative rate of 4.78%