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£87,500
This superb modern home is available to buy from as little as £87,500 with a 50% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,00
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
This beautifully presented two-bedroom flat is located in a peaceful and sought-after area of Weldon, making it an ideal choice for first-time buyers. The property combines modern living with practical convenience, offering a comfortable and welcoming home.
Inside, you will find a spacious open-plan kitchen and dining area, thoughtfully designed for both everyday living and entertaining. The kitchen provides plenty of storage and workspace, seamlessly flowing into the dining area perfect for family meals or social gatherings.
The accommodation features two generously sized double bedrooms and a modern bathroom, all complemented by a welcoming entrance hall. Outside, the flat benefits from allocated parking, providing added convenience.
Situated close to local amenities and schools, the property also enjoys excellent transport connections. Weldon is served by regular bus routes into Corby town centre and beyond, while Corby Railway Station offers direct links to Kettering, Market Harborough and wider destinations. Commuting by car is straightforward too, with easy access to the A43 and the surrounding road network.
PRICING & AFFORDABILITY
Full Market Value: £175,000
50% Share Price:87,500 (rent £226.39pcm)
Minimum 5% Mortgage Deposit (50% share): £4,375
Approximate Service Charges: £122.85pcm*
Lease: 987 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership