Property Details

Plot 34 51 Blackthorn Road

£32,500 for 25%
Scheme: Shared Ownership
Developer: Broadacres
Development: Castlegate
2 2
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or Call Broadacres on 0113 8246 888


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About this Property

Property Features:

This home is available to purchase on shared ownership from 25% share of £32,500 and a weekly rental of £51.56 plus service charges.
Built by Barratt Homes on their popular Castlegate development, this beautifully present 2 bedroom first floor apartment is previously occupied but beautifully maintained and a perfect property for a first time buyer.

Property Overview:

comprises of:
. Open plan kitchen/Lounge with balcony
. Fitted Kitchen
.Two double bedrooms, master with ensuite shower room.
. Parking space
. Secure intercom access to building

Situated in Northallerton and close to  local amenities which include, Pubs, shops, schools & supermarkets.

The property is valued at £130,000 but with our shared ownership scheme, you could purchase a share of a home for as little as £32,500 (a 25% share) and pay a subsidised rent on the remaining share; making the cost of buying a new home more affordable.

When buying a new home, the mortgage deposit needed can be substantial. With shared ownership, you only need a 10% deposit of the share amount, this means it could be as little as £3250*. The share amount you purchase is based on your own circumstances and affordability.

To qualify for shared ownership, there are few boxes you need to tick: 

  • You are not currently a home owner. 
  • You have a household income of less than £80,000. 
  • You have a sufficient deposit (a minimum of 10%) for the percentage of the home you'd like a mortgage for. 
  • You can prove you can afford the monthly mortgage repayments.

Get in touch to find out more by calling our friendly Sales Team at Broadacres.

 

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