Property Details

Plot 56 Strother Way

£40,600 for 29%
Scheme: Shared Ownership
Developer: Home Group
Development: Strother Way
2 1
Make Enquiry
or Call Home Group on 0800 073 0600
Property Spec

Print

About this Property

Property Features:

  • *£40,600 for a 29% share*
  • 29% share available under the Shared ownership scheme
  • Viewing is highly recommended
  • Excellent starter home
  • Private rear garden
  • Allocated parking
  • Walking distance to public transport
  • ¼ mile to Cramlington railway station, with frequent services to Newcastle and Morpeth

Property Overview:

***Please quote STR456 when enquiring.***

 

- Introduction -

Tired of renting with nothing to show for it? Step onto the property ladder with this ideal 2-bed family home! In a quiet cul-de-sac in Cramlington, your new home is perfect for commuting, ideal for local amenities and conveniently close to leisure and shopping facilities. Could this be the starter home you’re looking for? Neutrally decorated and ready to add your own touch, just add you for a new place to call home!

 

- What The Owner Says –

“New housing development, lovely quiet area. Just minutes from retail park, railway station and Cramlington village. Direct rail link to Newcastle and Morpeth. Open plan kitchen/lounge area with French doors leading out into the patio and garden.”

 

- Full Description -

- Entrance hall with downstairs WC.

- Open plan living room/kitchen with french doors opening on to private garden. The kitchen has a gas hob, electric cooker, matching wall and base units with contrasting worktops and a storage cupboard.

- Downstairs WC.

- Master bedroom has dual windows to the rear aspect.

- Second bedroom with dual windows to the front aspect.

- Bathroom has a bath with overhead shower and glass screen, partially tiled walls, wash basin and WC.

- Wooden flooring is laid to the living room and kitchen. Vinyl is laid to the bathroom and carpets are fitted in the bedrooms, hallway and landing.

- Gas central heating.

- Private rear garden mainly laid to lawn with patio area for seating.

- Allocated parking.

 

- Costs -

2-BEDROOM END-TERRACED HOUSE

PRICE - £40,600*

RENT - £213.91pm

SERVICE CHARGE - £26.22pm**

*This represents a 29% share of the full open market value of £140,000

**This includes: management charge, service charge and building insurance charge. Rent and service charges are reviewed annually.

 

- Eligibility Requirements -

The minimum household income requirement for this property is £16,269^.

If you will be obtaining a mortgage you will need at least £2,030 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

Lease: 125 years from 1st January 2016

Years remaining on lease: 122 approx.

Approximate internal area: 64 sq. m.

Local Authority: Northumberland County Council

Council Tax Band: B

EPC Rating: B (82)

 

- Terms and Conditions -

***Priority is given to those registered with Help to Buy North East, Yorkshire and Humberside and first time buyers.***


- 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.

Featured Properties

How Help to Buy works

Your Chosen Property Value
Min
20k
Max
600k
Your Results
Your Deposit
 
5%
Help to Buy Loan
 
20%
Your Mortgage
 
75%
Find a Home
Location
Search