A new pathway home with Share to Buy
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2 bedroom house for sale

Available

The Coppice, DL17 0FA

£76,000 · Shared Ownership New Build

Share percentage 50%, full price £152,000, £3,800 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Parking
£76,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £152,000, £3,800 Min Deposit.

Monthly Cost: £614
Rent £174, Service charge £17, Mortgage £423*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

· Household minimum income must be above £12,000

Summary

A stylish collection of two bedroom homes

Description

This well designed two-bedroom home provides a spacious and well-planned interior. An entrance hall welcomes you into a large, open plan living space with a practical storage cupboard under the stairs. The living area leads into the fully fitted kitchen where the door opens onto the rear garden. A practical downstairs cloakroom completes the ground floor.

The first floor offers a light and airy master bedroom. Across the landing is the second spacious bedroom as well as the family bathroom.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.

Key Features
  • Open plan kitchen/diner
  • Separate living area
  • Downstairs W.C
  • Built-in storage
  • Rear garden
  • 1 Parking space
  • Fully fitted modern kitchen
  • Stainless steel single oven and 4 zone electric ceramic hob with complementary stainless steel splashback and stainless steel chimney hood
  • Family bathroom with I- life Ideal Standard contemporary style sanitaryware
  • Combination boiler with flue gas heat recovery system
  • Electric Car Charging Point
  • Front gardens turfed
  • Double-glazed anthracite grey PVCu windows
  • Smoke alarm is not included
  • Carbon Monoxide alarm is not included
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document
Map
Newton Aycliffe (3.34 miles) Shildon (3.80 miles) Heighington (4.35 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Private Garden

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£76,000
Shared Ownership New Build
Estimated Monthly Cost:£614
Rent £174
Service Charge £17
Mortgage £423

Share percentage 50%, full price £152,000, £3,800 Min Deposit. Calculated using a representative rate of 5.03%


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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.