2 bedroom house for sale

Available

15 Crispin Drive, Drummond Park, SP11 9UL

£108,000 · Shared Ownership New Build

Share percentage 40%, full price £270,000, £5,400 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
£108,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £270,000, £5,400 Min Deposit.

Monthly Cost: £1,024
Rent £371, Service charge £38, Mortgage £615*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

ELIGIBILITY

· your household income is £80,000 or less

· you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

· you're a first-time buyer

· you used to own a home but cannot afford to buy one now

· you're forming a new household - for example, after a relationship breakdown

· you're an existing shared owner, and you want to move

· you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

You must also be able to answer YES to at least one of these questions

  • Are you currently resident in the Wiltshire County are and have continuously loved in the Wiltshire County area for the past two years; or
  • Are you in permanent paid employment or have a fixed term contract for a minimum of one year in the Wiltshire County area; or
  • You have an offer of paid employment for a minimum period of 12 months in the Wiltshire County area; or
  • Who is self-employed and works predominantly in the Wiltshire County area; or
  • With close family (Grand-parents, Parents, legal Guardian, adult children or brothers or sisters who have continuously lived in the County area for 5 years or longer; or
  • You have a connection with the Wiltshire County area through special circumstances, such as a need to receive specialist medical services, services in the area which are not provided elsewhere or support from a close family member; or
  • You are currently residing in the Wiltshire County area and is placed in Band 1 for medical and welfare needs and does not meet any of the connection criteria listed above.


If you are not able to answer YES to any of the above, but still feel that your circumstances are such that you need to live in the Wiltshire County area please get in touch.

Summary

2 Double Bedroom Semi-Detached House with Garden and Parking with the SHARED OWNERSHIP SCHEME. Buy this family home from as little as £108,000 for 40%. RESERVE OFF PLAN NOW!

Description

Entering from the front door into a hallway with the stairs leading to the second floor on your right, with the downstairs WC under them. You will find the door into the kitchen / diner on the left, within the kitchen you have a range of wall and base units with an oven, hob and extractor fan and includes space for a washing machine and an upright fridge freezer. This space also has an area for a dining table, where there is a window overlooking the front of the property. At the opposite end of the hall, you have the living room which has double patio doors leading out to the turfed back garden.

- Estimated Measurements Downstairs = Kitchen / Dining Room: 4.49m X 2.24 (14.7” X 7.3”). Living Room: 4.29m X 3.55m (14.0” X 11.6”).

Upstairs you have a landing with loft access and doors leading to the second bedroom which has a cupboard and two windows overlooking the front of the house. There is a family bathroom with a classic white suite consisting of a toilet, sink, bath and an shower over bath. The master bedroom is spacious being only slightly smaller than the living room, there is also a window overlooking the back garden.

- Estimated Measurements Upstairs = Bedroom 1: 4.29m X 3.30m (14.0” X 10.8”). Bedroom 2: 4.29m X 2.65m (14.0” X 8.6”).

With a small green area to the front of the property, two designated parking spaces with a walkway to the back a garden laid with turf and patio this completes this beautiful 2-bedroom semi-detached property.

SHARED OWNERSHIP

Shared Ownership is a great scheme where, if you are unable to afford on the open market, you can purchase a part of the property (usually from 40%) and pay rent at an affordable (similar to housing association/council housing rates) for the remainder. It also means that you only need to find the deposit for the home on the share you are purchasing. Larger shares are available up to 75% as your first purchase and later you may be able to Staircase (buy more shares) all the way up to 100%. It is a great way to get on or stay on the housing ladder if buying outright is not an option for you at the moment. You can purchase a Shared Ownership home with the use of a mortgage or with cash such as savings or equity from the sale of your current home.

ELIGIBILITY

· your household income is £80,000 or less

· you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

· you're a first-time buyer

· you used to own a home but cannot afford to buy one now

· you're forming a new household - for example, after a relationship breakdown

· you're an existing shared owner, and you want to move

· you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

You must also be able to answer YES to at least one of these questions

  • Are you currently resident in the Wiltshire County are and have continuously loved in the Wiltshire County area for the past two years; or
  • Are you in permanent paid employment or have a fixed term contract for a minimum of one year in the Wiltshire County area; or
  • You have an offer of paid employment for a minimum period of 12 months in the Wiltshire County area; or Who is self-employed and works predominantly in the Wiltshire County area; or
  • With close family (Grand-parents, Parents, legal Guardian, adult children or brothers or sisters who have continuously lived in the County area for 5 years or longer; or
  • You have a connection with the Wiltshire County area through special circumstances, such as a need to receive specialist medical services, services in the area which are not provided elsewhere or support from a close family member; or
  • You are currently residing in the Wiltshire County area and is placed in Band 1 for medical and welfare needs and does not meet any of the connection criteria listed above.

If you are not able to answer YES to any of the above, but still feel that your circumstances are such that you need to live in the Wiltshire County area please get in touch.

Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans, computer generated images and photos may contain elements which are not present upon the final completion of the property.

Key Features
  • SHARED OWNERSHIP
  • New Primary School locally
  • NEW COMMUNITY
  • Close to Shops
  • Great open spaces nearby
  • 2 off road designated parking bays
  • Enclosed garden
  • Low EPC
  • Energy Efficient
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Map
Grateley (6.02 miles) Andover (6.74 miles) Pewsey (8.46 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.

£108,000
Shared Ownership New Build
Estimated Monthly Cost:£1,024
Rent £371
Service Charge £38
Mortgage £615

Share percentage 40%, full price £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.26%


Connells - Southern
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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.