3 bedroom house for sale

Available

15 Church Croft, Weeton, PR4 3ND

£60,000 · Shared Ownership New Build

Share percentage 25%, full price £240,000, £6,000 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£60,000 Shared Ownership New Build

Share percentage 25%, full price £240,000, £6,000 Min Deposit.

Monthly Cost: £765
Rent £413, Service charge £43, Mortgage £309*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£
Summary

***Show home open!!***Viewings strictly by appointment only*** Please contact us on salesenquiry@progressgroup.org.uk ***Summer offer - reserve one of our 2 remaining plots before 31 July...

Description

***Show home now open!!***Viewings strictly by appointment only***

***Summer offer - ONLY TWO PLOTS REMAINING - Reserve one of the two remaining plots before 31 July and receive £1000 cashback upon legal completion!***

Solo Homes, in conjunction with Progress Housing, are delighted to bring to the market a selection of 2 and 3 bed terraced and semi-detached homes available on a shared ownership basis on the Church Croft development by Concert Homes in Weeton. Get on or stay on the housing ladder with a 5% deposit from as little as £3000 based on a 25% share of a 3-bed end-terraced house.

Church Croft is an outstanding new development of 2, 3, 4 & 5 bedroom homes in the peaceful village of Weeton. Set in the picturesque Lancashire countryside, the site is conveniently located to benefit from the calmness of a village environment and the natural beauty of the nearby landscape whilst being readily accessible to major Lancashire towns and cities.

Church Croft is perfectly placed to unlock all the outstanding areas of natural beauty that this part of Lancashire has to offer, along with superb access to local towns and cities either by car or via public transport. The M55 connects much of this part of Lancashire and is just a few minutes' drive away.

To the west of Church Croft, the Fylde coast is a 15-minute drive away and further south west, you will find the stunning coastal town of Lytham St Annes and its miles of beaches and nature reserves.

The Irwell is a modern three bedroom semi-detached home, ideal for first time buyers, young families or those wishing to downsize. The spacious ground floor benefits from a hallway with separate lounge, kitchen/diner and WC. The first floor features three bedrooms, one with an en-suite and a stylish family bathroom.

Please view our video to see more information regarding this property at Church Croft, Weeton

Three plots remaining and available to reserve now:

Plot 9: The Douglas - 2bed mid terraced property - open market value £180,000

Plot 10: The Irwell - 3bed end terraced property - open market value £240,000 (Floorplan attached)

Shared Ownership - How It Works And How You Start The Application Process.

Shared Ownership allows you to buy a share in a new home, ranging from 25%* to 75%, depending on what you can afford

*Please note, buyers are required to purchase the maximum % share that is affordable for them

Progress Housing will own the remaining share, and you pay a reduced rent on that share.

This means that you will need a smaller deposit and mortgage than if you bought a property outright. Generally, you are able to buy a bigger property than you may otherwise be able to afford.

You can buy more shares as and when you can afford them - this is called staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all. Your monthly payments could be less than renting privately.

The current service charge for 2024-25 is approx. £43.00pcm and is payable for maintenance of any common areas and to cover buildings insurance. Service charges will vary depending on house type.

As a home owner, you will be responsible for the maintenance and repairs on your home. However, as it is a new build your property comes with a 10 year NHBC guarantee and many of the appliances will have a 2 year manufacturer's guarantee giving you peace of mind.

Progress Housing will undertake an initial affordability assessment with you and can provide details of Independent Financial Advisors who can assist with obtaining a mortgage.

Detailed below is an indication of the price of various shares and the rent payable on the unpurchased equity.

Price & Rent Calculator - example for a 3 bed end terrace house (plot 10 The Irwell) with an open market value of £240,000:

25% share price £60,000 and rent of £412.50pcm

40% share price £96,000 and rent of £330.00pcm

50% share price £120,000 and rent of £275.00pcm

75% share price £180,000 and rent of £137.50pcm

Please enquire for Price and Rent figures for the other house types available on this development



Key Features
  • Modern fitted kitchen with integrated appliances (specification will vary according to house type)
  • Contemporary white bathroom suite and downstairs WC
  • En-suite to master bedroom
  • Stylish Porcelanosa tiling
  • French doors to rear garden
  • Paved patio area
  • 1.8m privacy fence
  • Turfed gardens
  • One electric vehicle charging point
  • HIVE smart home technology heating with independent time and temperature controls
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Kirkham & Wesham (2.55 miles) Moss Side (2.68 miles) Poulton-Le-Fylde (3.76 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.

£60,000
Shared Ownership New Build
Estimated Monthly Cost:£765
Rent £413
Service Charge £43
Mortgage £309

Share percentage 25%, full price £240,000, £6,000 Min Deposit. Calculated using a representative rate of 4.80%


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.