Property Details

Acorn Gardens

£67,500 for 50%
Scheme: Shared Ownership
Developer: Livin
Development: Acorn Gardens
3 2
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or Call Livin on 0800 587 4538


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About this Property

Property Features:

Small select development

Master bedroom with ensuite

Modern fitted kitchen/diner

Drive with space for 2 cars

10 year builder warranty

WC to ground floor

Good sized garden

Fenching inlcuded

Walking distance to town centre and local schools

Good access to major road networks and public transport

Property Overview:

Acorn Gardens is a small select development which benefits from good access to local amenities within Newton Aycliffe.  It is situated close to the Town Centre and local schools whilst also being close to good road links and public t
This is a family home with benefits from three good sized bedrooms, one en-suite, a sizeable living room and a kitchen/diner which contains a good range of cupboards and plenty of room for a dining table, a family bathroom and downstairs WC.  The kitchen/diner also benefits from French windows into the garden providing good access to a nice sized garden.  Parking is provided via a designated double driveway at the front of the property.  
This property is offered on a shared ownership basis which means that if you can't quite afford a mortgage on 100% of a home or are struggling to save for a big deposit, Shared Ownership offers you the chance to buy a share of your home. You would then be able to buy your home in stages as and when you can afford it, this is called staircasing.
Representative example £67,500 for a 50% share, Full price £135,000.
You can buy a share in a home between 25% - 75% and pay rent on the share you don't own which means you would need a smaller deposit.  The higher the share you buy the less rent you pay.
Most people finance this by securing a mortgage on the share they want to buy although in some circumstances you may buy your share outright with cash.
You then pay rent on the remaining share at a very affordable rate. To check you are eligible and for more information go to https://www.helptobuyneyh.co.uk/help-to-buy-schemes/shared-ownership/
A viewing is strongly recommended on these 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%
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Location
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