Property Details

Spindleberry Mews

£68,750 for 50%
Scheme: Shared Ownership
Developer: Livin
Development: The Chestnuts, School Aycliffe
2 1
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or Call Livin on 0800 587 4538


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About this Property

Property Features:

Fantastic location in School Aycliffe

Good sized fitted kitchen/diner

Shed and fencing

Separate lounge

Downstairs WC

Cooker, hob and extractor fan built in

French doors leading to goood size garden

10 year builder warranty

Two double bedrooms

Dual aspect and walk in cupboard in both bedrooms

Driveway

Property Overview:

We are delighted to offer to market this two bedroom semi detached home located on the sought after Miller homes development in School Aycliffe.
Practical as well as stylish this home offers comfortable family living with lounge with French doors opening out to the garden creating a space for great flexibility and outside living, kitchen/dining room with plenty of space for a dining table, two double bedrooms both with double aspect windows and a walk in cupboard and a paved driveway to 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 £68,750 for 50% share.  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.
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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