Property Details

Plot 175 The Tavy

£73,000 for 40%
Scheme: Shared Ownership
Developer: Sage Housing
Development: Saxon Gardens
2 1
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or Call Sage Housing on 020 8168 0184
Property Spec

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About this Property

Property Features:

Initially buy between 40% - 75% share

2 double bedrooms,

Large lounge to rear overlooking garden

Kitchen with white fronts and Integrated Stainless Steel Electric Oven, 4 burner gas hob and hood

White 3 piece bathroom suite with shower over bath, heated towel rail and window for natural light

Gas Central Heating and Double Glazing

Small private rear turfed garden with patio

Allocated Parking

Property Overview:

Contact Cast Sales to arrange a viewing: Tel 0870 224 2773

Set in the delightful Yorkshire village of Sherburn in Elmet, Sage are pleased to offer these  2  bedroom mid terrace houses on the Redrow Saxon Gardens development offering the best of both worlds, allowing you to have tranquil village life combined with excellent commuter links to nearby towns and cities, including Leeds and York.

These homes have character and are thoughtfully designed for a first time buyer with good sized kitchen in two styles, large lounge overlooking rear garden, a good sized bathroom with shower over the bath and large window for natural light and 2 good sized double bedrooms and lots of storage. Added to this 2 parking spaces – a rare opportunity!

This home is sold through the Shared Ownership Scheme. The Buyer can buy an initial share amount based on affordability from 40% to 75%. Rent on the unsold share is 2.75% per annum and Service charge is £38.84pcm

Energy Performance Certificate – Current Energy Efficiency Rating B 84%

 

Shared Ownership Scheme

This home is sold through the Shared Ownership Scheme*. The advertised price is estimated and subject to valuation. Prices from £182,500: £73,000 represents a 40% equity share.

The Buyer can buy an initial share amount based on affordability from 40% to 75%.

Break down of examples of some of the share amounts available, rent and other costs in addition to your mortgage payment based on full market value of £163,000:

40% share (£73,000)   Rent £250.94 pm

50% share (£91,250)   Rent £209.11 pm

75% share (£136,875) Rent £104.56 pm

A service charge of £38.84 pm

You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

Priority to those who live and or work within Selby District Council area for more than 6 months

*Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly. When selling, a buyer who meets the same criteria as you when buying this property will be needed to buy your home. When staircasing or selling the price is determined by a valuation at the time of buying more of your home or selling.

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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