Property Details

Casson Gardens

£32,500 for 25%
Scheme: Shared Ownership
Developer: Livin
Development: Casson Gardens, Thornaby
2 1
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About this Property

Property Features:

Ideally situated in Thornaby, Stockton up Tees

Open plan kitchen diner

Living area with bi-folding doors to the rear garden

Two well proportioned bedrooms

Stylish family bathroom

Paved Drive to the front

Good sized garden to the rear

Pleaseant open aspect to the fron the property

Property Overview:

We are delighted to offer to market this two bedroom semi detached home located on the sought after Mandale Homes development in Thornaby.
Practical as well as stylish this home offers comfortable living on a new development. This home is ideally located in Thornaby, Stockton on Tees and these beautifully presented homes are built to a high specification.
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 £32,500 for 25% share.  Full price is £130,000.  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. Viewing is strongly recommended on these properties.

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