Property Details

Plot 1 Vigo Lane

£42,500 for 25%
Scheme: Shared Ownership
Developer: Home Group
Development: Barley Gate
3 1
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About this Property

Property Features:

  • Buy from as little as £546 a month with a £2,125
  • A great central spot, just 9 miles North of Durham and 10 miles south of Newcastle upon Tyne
  • Close to a range of good primary schools including Barley Mow Primary School, Rickleton Primary School and Portobello Primary School
  • Also close to a range of secondary schools including The Hermitage Academy (rated Outstanding by Ofsted), Park View School and Oxclose Community Academy
  • Close to the A1 
  • Travel to Newcastle upon Tyne by train in 9 minutes

Property Overview:

Start 2020 in a new home. Reserve before Christmas and we’ll treat you to a £1,000 Love2Shop voucher*, perfect for the new year sales!

We are delighted to introduce you to our collection of three bedroom semi-detached and terraced homes at Barley Gate, Chester-le-Street, available to buy through shared ownership.
 Stamp duty exempt for first-time buyers


Briefly comprising of entrance lobby leading to downstairs cloakroom and open plan living space. Open plan living space includes a stylish kitchen with integrated appliances and a light and airy living area with French doors leading to the turfed rear garden. There is also an understair utility cupboard.

From the first floor landing, there are two double bedrooms, a good sized single bedroom and a family bathroom, as well as an additional storage cupboard.

Prices start from £170,000, but with our shared ownership scheme, you could be purchasing a share for as little £42,500 (25% share). This means your  payments could be as low as £546 a month**, making the cost of buying a new home more affordable.

If you're buying with a mortgage, you'd only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £2,125! The share you purchase is dependent on your affordability and personal circumstances.

*Home Group Terms and Conditions apply.  To qualify you must reserve by 15th December 2019 and complete your sale by 31st March 2020.  Voucher is payable after completion.  We reserve the right to withdraw this offer at any time.
**This is based on a 25% share (£42,500) of a two bedroom house valued from £170,000 with a 5% mortgage deposit (£2,125).

Photos are for illustrative purposes only.

 

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