Property Details

Plot The Ash The Ash

£38,749 for 25%
Scheme: Shared Ownership
Developer: Home Group
Development: St Nicholas Manor
2 1
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About this Property

Property Features:

  • Brand new homes from £482 a month*
  • Deposits from £1,938*
  • Available through shared ownership
  • Integrated kitchen appliances
  • French doors to rear garden
  • Two parking bays

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!

Ideally located, our two bedroom homes benefit from amenities close by at the Manor Walks Shopping Centre, with a vibrant selection of shops, supermarkets, restaurants as well as the popular Vue cinema. If you commute to work, our homes are close to the A1 and A19, connecting you to the north east with ease. Our homes are available through shared ownership, a more affordable way to get on the property ladder.

About The Ash

The Ash is a semi-detached two bedroom home, available with two parking bays.

 

To the ground floor there is an entrance hallway, modern kitchen with integrated oven, hob and extractor and fridge-freezer. To the rear of the home, there is a good-sized living room with French doors that open out onto the rear garden, perfect for letting the fresh air in during those summer months. There is also a storage cupboard and cloakroom. To the first floor, there are two spacious bedrooms and a family bathroom.

 

The specification includes:

  • Zanussi electric oven
  • Zanussi gas hob
  • Zanussi extractor
  • Integrated Zanussi fridge-freezer
  • Beautiful bathroom, en-suite and cloakroom tiling
  • French doors to rear garden
  • Shed to rear garden
  • Two parking bays

Our homes start at £154,995, but with our shared ownership scheme, you could purchase a share of a home for as little as £38,749 (a 25% share) and pay a subsidised rent cost on the remaining share. This means your total monthly payments could be as low as £482**, 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 £1,938**. 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: £30**

*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 (£38,749) 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 vary from plot to plot.

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