Property Details

Plot 38 42 Foundry Way

£36,250 for 25%
Scheme: Shared Ownership
Developer: Broadacres
Development: Leeming Gate
2 2
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or Call Broadacres on 0113 8246 888


About this Property

Property Features:

2 bed semi detached property located on The Mulberry Homes development in Leeming Bar. Available to purchase on a shared ownership basis.

Property Overview:

Two properties available.

A perfect starter home for the first time buyer, comprising of:

  • Good sized lounge.
  • Kitchen/diner.
  • WC.
  • 2 bedrooms.
  • Family bathroom.
  • Private rear garden.
  • Off street parking.

These homes are valued at £145,000 but with our shared ownership scheme, you could purchase a share of a home for as little as £36,250 (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 £3,625*. 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.

There is a rural restriction on our homes at Leeming Bar, get in touch to find out more.

For further information and an application form, please contact our friendly sales team at Broadacres. 


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