Property Details

Plot * 31 Station Rise

£87,000
Scheme: Discounted Sale
Developer: Broadacres
Development: Station Rise
3 2
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or Call Broadacres on 0113 8246 888
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About this Property

Property Features:

Unexpectedly back on the market, this 3 bedroom mid terraced house is now available to purchase on shared equity at £87,000 for 48.33% of the Market Value plus a weekly ground rent of £4.80p

The living accommodation comprises:

  • Lounge
  • WC
  • Kitchen with dining area
  • Three bedrooms
  • Family bathroom
  • Parking Space
  • Enclosed rear garden laid to lawn
  • 1 year defect warranty

This is a great location if you commute, with good access to both York & Selby, great village location.

Property Overview:

The sale price of £87,000 with our shared equity scheme, meaning you are purchasing at 48.33% of its full £180,000 value and pay a ground rent of £4.80 per week for the lease 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 £8700*. The share amount you purchase is based on your own circumstances and affordability.

To qualify for an afordable home, 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 local connection criteria meaning you must have a connection to Riccall area, 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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