- Shared Ownership
- 3 Bedroom Homes
- Double Glazing
- Fitted Bathroom
- Fitted Kitchen
- Integrated Appliances
Mid Terraced House
50% Shared Ownership
Ready to move in now!!
This highly desirable three-bedroom mid terraced home takes its design inspiration from traditional farmsteads, perfectly in keeping with this idyllic, semi-rural location.
**DISCLAIMER photos are for illustrative purposes. Hob and Oven INCLUDED with space for tall fridge freezer and space for washing machine with plumbing.**
To the ground floor you will find a kitchen diner at the front of the property and a separate family lounge to the rear, with doors providing access to private rear garden.
Head up to the first floor to find the master bedroom, a second double bedroom, a third single bedroom and a family bathroom.
Combining contemporary living spaces perfect for modern family life with the charm and character you would expect in a countryside setting, The Hawthorns truly provides the best of both worlds.
The advertised price of £115,000 represents a 50% share of the property. Rent would therefore be payable on the outstanding 50% share, set at 2.75% per annum. Based on a 50% share, rent would equate to an additional £263.54 per month on top of any required mortgage. You may purchase up to 75% of the total property price upfront.
What is Shared Ownership?
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. Buy between 25% - 75% of a home normally with a mortgage and a reduced deposit, and pay a low-cost rent on the remaining un-purchased share.
Am I eligible to buy a home with shared ownership?
The eligibility criteria for shared ownership is simple; as long as you don't currently own, or won't own another property when you move in to a new home, you're likely to qualify. Your annual household income must not exceed £80,000 and you'll need to have savings to cover typical purchasing costs such as solicitors fees and your mortgage deposit.
Local connection tests also apply meaning you must have a strong connection to the area, being your current residence, immediate family, or work.
To find out more please contact Auxesia Homes in-house sales team.