Property Details

Dorman Gardens

£27,995 for 50%
Scheme: Shared Ownership
Developer: Home Group
Development: Dorman Gardens
2 1
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About this Property

Property Features:

  • A 5% deposit is only £1,400!
  • Option to purchase the property outright
  • *£27,995 for a 50% share*
  • Minimum income requirement only £14,406!
  • Viewing is highly recommended
  • Excellent starter home
  • Well maintained communal areas
  • Ideal family home
  • Allocated parking

Property Overview:

**Please quote reference DG475 when enquiring**

- INTRODUCTION -

Look no further if you’re seeking a new place to call home! A two-bed flat based 1.5 miles from Middlesbrough town centre, this property is ideally located close to all local amenities and transport links. You’ll love the privacy and convenience of local services being close at hand. You’ll find local and regional shops, amenities and leisure facilities easily accessible. A little gem of a property offering a perfect starter home!

 

- WHAT THE OWNER SAYS –

“Located a 2 minute walk to local amenities and local bus routes. A quiet and well-kept area. Very spacious living area and master bedroom, spacious second bedroom (double) and well-kept apartment block including surrounding area.”

 

- FULL DESCRIPTION - 

- Communal entrance hall and staircase to the other flats. 

- Inner entrance hallway with telephone door entry system and access to all rooms.

- Lounge (4.17m x 2.15m) with double glazed windows to front aspect offering a good degree of natural light. Access to kitchen.

- Kitchen (2.67m x 1.85m) with co-ordinating wall and base units, complimentary work surfaces, chrome fittings and tiled splashback. Appliances include: fridge/freezer, washing machine, extractor and an integrated electric cooker and hob. With window.

- Master bedroom (5.18m x 2.7m) with window to car park overlooking communal surrounds.

- Bedroom two (2.63m x 3.60m).

- Bathroom includes a three piece suite comprising of an enclosed panel bath with overhead shower and glass screen, pedestal wash basin and W.C.          

- Wooden flooring laid to living areas and vinyl flooring laid to kitchen and bathroom.

- Well maintained internal and external communal areas.

 

- COSTS -

2-BEDROOM GROUND FLOOR APARTMENT

PRICE - £27,995*

RENT - £191.74pm

SERVICE CHARGE - £856.33pa

*This represents a discounted 50% share of the full open market value of £70,000.

†This includes: management charge, service charge building insurance and building fund charge . This is reviewed on an annual basis.

 

- ELIGIBILITY REQUIREMENTS -

The minimum household income requirement for this property is £14,406^.

If you will be obtaining a mortgage you will need at least £1,400 in savings (i.e. a 5% deposit).

 

If you will be purchasing with a mortgage you must provide us with an Agreement in Principle (AIP) to support your application. Evidence in support of your AIP (or proof of funds if cash buyers) must also be provided. Further details available on request.

 

In order to apply you must be registered with the local Help to Buy Agent - North East, Yorkshire and Humberside, https://www.helptobuyneyh.co.uk/apply/. You will need to provide your HTB reference when completing the application process.

 

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

 

- GENERAL INFORMATION -

Tenure: Leasehold

Years remaining on lease: 86 years

Approximate internal area: 57 sq. metres.

Lease: 99 years from 1st Jan 2006.

Local Authority: Middlesbrough borough council

Council Tax Band: C

EPC Rating: B (82)

 

- TERMS AND CONDITIONS - 

***Applicants must have a local connection to Middlesbrough. Priority is given to those registered with Help to Buy NEYH and first time buyers. A financial assessment to determine prospective buyers’ eligibility is required prior to being accepted to purchase (further information is available on request).***

 

- VIEWINGS -

Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

 

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.

 

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