Share percentage 40%, full price £205,000, £8,200 Min Deposit.
Monthly Cost: £747
Rent £282,
Service charge £51,
Mortgage £414*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
This beautiful 2 bedroom semi-detached house is now available through Shared Ownership at Goddard Street, Crewe
Description
Discover Goddard Street
A beautiful community located in the Cheshire town of Crewe.
This brand-new limited collection of 2 & 3 bedroom shared ownership houses in Cheshire are just moments away from the vibrant town centre but with the benefits of living in a residential community of homes. They feature a private rear garden and allocated parking.
The Sandbach:
A three bedroom, mid terraced home offering an ideal start to family life. Upon entrance you are greeted with the staircase and an entrance into a spacious living room looking out into the front garden. Step into the kitchen and dining area from your living room which is accompanied with integrated appliances and a modern finish by Symphony. Further space from the kitchen leads to a WC and the back garden. Upstairs you will find three spacious, carpeted bedrooms with a family sized bathroom. Ample storage can be found throughout the ground and first floor.
Pricing and Information:
- Full purchase price: £205,000
- 40% share price: £82,000
- Monthly rent based on 40% share: £281.88
- Monthly service charge: £50.59
- Minimum share initially available: 25%
- Maximum share initially available: 75%
- Staircasing to 100% allowable
- Tenure: Leasehold
- Years remaining on lease: 990 years
- Council tax band: TBC new build
- Available for reservation
Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.
Life at Goddard:
Crewe is ideally situated for country walks, bike rides and fishing while local entertainment includes theatres, dining, and retail, creating the perfect place to call home for families and first-time buyers alike.
For those wanting to take advantage of the excellent transport links, Crewe’s historic train station is one of the biggest and best connected in the Northwest. so you can enjoy the best of all worlds – not just great local amenities, but fast connections to stunning rural settings and major cities such as Manchester, Liverpool and London for work and play.
These homes are under construction, therefore viewings are not available just yet and reservations will be off-plan. Homes are due to be ready from early 2025 (subject to change).
*The current CGIs are for illustrative purposes only; actual homes will feature a 'bar' across the windows for means of safety
Shared Ownership
At Goddard Street we have 31 houses available for Shared Ownership, another way to buy your home. You buy a percentage and pay rent on the rest - Guinness owns part of it - but you're living there, you decorate it and decide when the time is right to sell for you.
Buying a percentage typically means a smaller deposit and a smaller mortgage based on the share price you purchase. In addition to mortgage repayments, you will also pay rent on the share you don't own and a service charge. Find out more about Shared Ownership here.
Why not enquire today and speak to our dedicated sales team to find out how Shared Ownership can work for you.
*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.
Key Features
- 2 bedroom semi-detached house
- 1 private parking space
- Open plan living & dining area
- Private garden
- Carpet and flooring provided throughout
- Convenient location
- Good transport links
- Size: 77.3 sq.m
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £205,000, £8,200 Min Deposit. Calculated using a representative rate of 4.59%