Share Price £109,998 (from 50% Min. Share)

Full Value £219,995 | £5,500 Min. Deposit

Scheme: Shared Ownership

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Cherry Blossom - 3 bed house in Hednesford - Staffordshire

place Cherry Blossom, WS12 2DZ

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Cherry Blossom has a selection of beautiful 3 bedroom new homes


Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

You have a deposit (at least 5% of the share value)

You are a first-time buyer or used to own a home, but cannot afford to buy outright now

The shared ownership property will be your principle and only home

You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs


Description

Located in the charming town of Hednesford, Cherry Blossom has a selection of beautiful 3 bedroom new homes.

Starting as a small mining community, Cannock has grown into a bustling town and is home to many historic landmarks and beautiful green spaces. Both Cannock and Hednesford still proudly celebrate their roots with a Miner’s Lamp in the centre of Hednesford to honour the Cannock miners. Just north of the town centre, Cannock Chase has been designated as an Area of Outstanding Natural Beauty and is rich with history and culture.

*Images are for illustrative purposes only.Please speak to Sales Adviser for full details*

Service charge outlined on this portal is heylo’s admin and building insurance fee. Estate and Service charge fees (if applicable) are available from the sales team on site.


Key Features

With a versatile layout the 3 bedroom Flatford is suited to couples and families alike.

The lounge/diner has French doors out to the garden, while the kitchen has plenty of space for relaxed mealtimes. Meanwhile, a guest cloakroom is also located off the entrance lobby.

Upstairs, the landing leads to the en-suite master bedroom, along with a well proportioned guest bedroom, a main bathroom and a further bedroom.

*Images are for illustrative purposes only.Please speak to Sales Adviser for full details*

  • Rear garden
  • Cloakroom
  • Ensuite

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 109,998
Min. £109,998
Share percentage
Min. 50%
Your deposit
Min. £5,500
Monthly cost*
£848
Cost breakdown
£252
Rent
£45
Service charge
£551
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.