£162,000
Plot 1, Mereside Green is a brand new 3 bed detached (approx 95 sq m) with generous kitchen/diner, separate lounge and en-suite to bed 1. Shared Ownership: buy 10%-75% sh...
You can apply to buy the home if all 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:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy 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.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Set within Mereside Green, Plot 1 (The Ouse) is a thoughtfully planned 3 bedroom detached home with an easy flow between living spaces and well-proportioned bedrooms. It's designed to feel calm and practical, with a private garden and allocated parking.
On the ground floor, the kitchen/dining room is generous (6.71m x 3.01m), with a separate living room (5.58m x 2.97m) for quieter evenings. Upstairs you'll find 3 bedrooms, including a main bedroom with en-suite, plus a family bathroom. Approx internal area: 95 m² (about 1,023 sq ft).
You can buy a share between 10% and 75%. This home is shown at a 40% share price of £162,000 (full market value £405,000), with monthly rent of £556.88 and a monthly service charge of £65.95. Leasehold term remaining: 990 years. Predicted Energy Rating "A".
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