Property Details

Plot 120 The Linthorpe

£43,750 for 25%
Scheme: Shared Ownership
Developer: Home Group
Development: Preston Green
3 2
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About this Property

Property Features:

  • Low deposit needed, from as little as £2,188
  • Integrated kitchen appliances
  • Impressive master bedroom with en-suite and dressing room
  • Spacious lounge with French doors to rear garden
  • Off-street parking
  • Garage

 

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!

The Linthorpe is a three bedroom semi-detached townhouse at Preston Green, located in a desirable location, close to the River Tees and just two miles from Stockton town centre.

Ideally located, our homes benefit from amenities right on the doorstep, with a vibrant selection of shops, restaurants, cafes and bars in the town centre, as well as supermarkets and other key amenities close by. Our homes are perfect for families, with well-regarded schools including Preston and Hartburn primary schools, and The Grangefield Academy and Stockton Riverside College within a five minutes’ drive from our homes. 

From the entrance lobby, there is a fully integrated kitchen and dining room, perfect for those quality meal times together as a family, as well as the spacious living room to the rear of the home, with French doors that open out onto the enclosed rear garden. There is also a downstairs cloakroom.

 

To the first floor, there are two good-sized bedrooms, a family bathroom and a storage cupboard. From here, you can access the private staircase to the second floor and the master bedroom. This impressive room benefits from complete privacy, vast amounts of space, an en-suite and a dressing room; it’s what makes The Linthorpe a real showstopper!

 

Each home benefits from off-street parking and a garage.

The Linthorpe specification includes:

  • Zanussi gas hob, electric oven and extractor
  • Integrated Zanussi fridge-freezer
  • Integrated Zanussi washing machine
  • Double doors to rear garden
  • Enclosed rear garden with shed and fencing**
  • Beautiful bathroom, en-suite and cloakroom tiling
  • Off-street parking
  •  A garage

Our homes start at £174,995, but with our shared ownership scheme, you could purchase a share of a home for as little as £43,749 (a 25% share) and pay a subsidised rent cost on the remaining share. This means your total monthly payments could be as low as £614**, 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 5% deposit of the share amount, this means it could be as little as £2,188**. 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 5%) for the percentage of the home you'd like a mortgage for. 
  • You can prove you can afford the monthly mortgage repayments.

Estimated monthly service charge: £31.76*

*Home Group Terms and Conditions apply.  To qualify you must reserve your new home between Monday 11th November and Sunday 15th December 2019 and complete your sale by 31st March 2020.  Offer applies to new sales only for a limited time, on selected plots at Stannington Mews, Essendene Rise, St Nicholas Manor, Barley Gate, Preston Green, Butterfields, Oak Park, Barley Folde, The Beeches and Roecliffe Drive.

The offer is to pay one voucher only per property limited to the value of £1,000, which is payable after completion. The cash equivalent is not available. We reserve the right to withdraw the offer from market without notice. 

Information correct at time of broadcast – Monday 11th November.

**This is based on a 25% share (£43,749) of a three bedroom townhouse valued from £174,995 with a 5% mortgage deposit (£2,188). Service charge is included in the representative example.

Photos are for illustrative purposes only. Specifications and gardens vary from plot to plot.

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