Available

£118,000

Regency Park, Castle Donington | Park Lane, DE74 0AJ
Share 40% / Full price £295,000 / Min deposit £5,900

House
3 bedrooms
1 bathroom

Limited Availability - Contact us today
Midland Heart
0800 756 3588
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Summary

Brand New 3 Bedroom Semi-detached houses in the popular market town of Castle Donington near Derby. These homes include flooring throughout, kitchen/diner with oven & hob, a private garden & parking.

Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase.
  • You have a good credit history (no CCJ’s, defaults, IVA’s, or bankruptcy outstanding).
  • You are assessed as being able to afford and sustain shared ownership.
Description

Located on a new William Davis Homes development called Regency Park on the edge of Castle Donington. This historic market town has a good mix of local shops & amenities & is only a 21 minute drive from Derby.

3 Bedroom Semi-detached Houses

  • Entrance Hall with stairs to 1st floor
  • Kitchen/Diner to the front with oven, hob & hood
  • Downstairs WC
  • Living room with French doors to the rear garden
  • Three bedrooms
  • Bathroom with a shower over the bath
  • Flooring/carpets throughout
  • Turfed rear garden
  • Parking for 2 vehicles

Regency Park is perfectly positioned to offer you the best of town and country. Tucked away on the edge of Castle Donington, a historic market town near Derby, you’ll find yourself close to the hustle and bustle of village life when you want it, and within easy reach of picturesque countryside when you don’t.

Castle Donington offers a good mix of local shops, a large supermarket, pubs, cafes, restaurants and a post office, as well as a doctor’s surgery, dental practice and a vet to name a few. If you have little ones, the village play park provides some welcome fun in the fresh air, or you can head to the Spital Park and Pavilion which offers a wide variety of recreational activities for the whole family. When you need to travel further afield you’ll find Derby, Leicester and Nottingham all within easy reach.

PRICES
3 Bedroom £295,000 (100%)
40% share* £118,000 Rent £405.63

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £19.76
Service/Estate Charge: £15.88

Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy. All applicants are required to check they meet the criteria for Shared Ownership as set out at GOV.UK.

*The Price advertised is for a 40% share and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

^Any images/photographs shown are for illustrative purposes only.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. These particulars do not form part of a contract or warranty.

Description

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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.
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£118,000 Shared Ownership New Build Full price £295,000
Estimated monthly cost £1,105
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