Property Details

Plot 109/110 The Norton

£36,249 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 £1,813
  • Integrated kitchen appliances
  • En-suite to master bedroom
  • Spacious lounge with French doors to rear garden
  • Off-street parking

 

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 Norton is a three bedroom terraced home 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. 

About The Norton

The entrance lobby leads to a spacious living room, followed by a bright and airy kitchen with integrated appliances and French doors that open out onto the enclosed rear garden. From the entrance lobby, there is also a downstairs cloakroom. To the first floor, there is a master bedroom with en-suite and storage cupboards, a double bedroom a single bedroom, as well as a family bathroom.

Each home benefits from off-street parking.

The Norton 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

Our homes start at £144,995, but with our shared ownership scheme, you could purchase a share of a home for as little as £36,249 (a 25% share) and pay a subsidised rent cost on the remaining share. This means your total monthly payments could be as low as £515**, 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 £1,813**. 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 (£36,249) of a three bedroom house valued from £144,995 with a 5% mortgage deposit (£1,813). 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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