2 bedroom house for sale

Available

12 Hadfield Place, Hadfield Place, DN36 4BF

£75,000 · Shared Ownership New Build

Share percentage 50%, full price £150,000, £3,750 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£75,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £150,000, £3,750 Min Deposit.

Monthly Cost: £640
Rent £172, Service charge £50, Mortgage £418*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Brand new 2-bedroom end-terraced house on the Wigmore Park development, available through shared ownership in Lincolnshire. The price represents purchasing a 50% share of the property.

Description

Brand new 2-bedroom end-terraced house on the Wigmore Park development, available through shared ownership in Lincolnshire. The price represents purchasing a 50% share of the property.

About the Development

Wigmore Park is a development by Barratt Homes, located a short drive from the Lincolnshire Wolds and Cleethorpes beach, near the popular town of Grimsby

The development will feature a selection of 2 and 3 bedroom homes that will be available to purchase on the Shared Ownership Scheme.

About the Home

This property is a 2 bedroom, brand new and energy efficient end-terrace home. There are many key features including open plan kitchen/living dining space, ground floor WC, two double spacious bedrooms and flooring throughout. This property also comes with 2 parking spaces.

About the Area

Living at Wigmore Park, you'll enjoy a warm community atmosphere which is ideally placed to take a stroll along Buck Beck or explore the beautiful countryside of the nearbyLincolnshireWolds. You will be well-connected for commuting or shopping in Grimsby town centre by the A16 and nearby train station.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. NHBC Warranty
  2. Two parking spaces
  3. Flooring throughout
  4. Downstairs WC
  5. Open plan living
  6. Service charge applicable
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Grimsby Town (3.20 miles) Cleethorpes (3.57 miles) Grimsby Docks (3.89 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£75,000
Shared Ownership New Build
Estimated Monthly Cost:£640
Rent £172
Service Charge £50
Mortgage £418

Share percentage 50%, full price £150,000, £3,750 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.