3 bedroom house for sale
16 Cowstail Lane, Tockwith, YO26 7SD
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Monthly Cost: £1,068
Rent £455,
Mortgage £613*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
3 Bedroom Semi-Detached House in York now available under Shared Ownership
Description
Welcome to 16 Cowstail Lane, a charming 3-storey, 3-bedroom semi-detached house located in the picturesque village of Tockwith, York, YO26 7SD. This immaculately presented property boasts a tranquil setting with allocated parking and a stunning, well-maintained garden that offers privacy and a delightful backdrop of borrowed landscape from the surrounding trees.
Upon entering the property, you are greeted by a tastefully decorated interior in excellent condition. The ground floor features a bright and spacious living room, a separate kitchen dining room ideal for family meals and entertaining, and a convenient downstairs cloakroom.
Ascending to the first floor, you will find two generously sized bedrooms complemented by a family bathroom, designed for comfort and convenience.
The pinnacle of this home is the second level, which hosts the self-contained master bedroom. This spacious retreat is enhanced by an en-suite bathroom, offering a private sanctuary with ample room for relaxation.
Externally, the property continues to impress with its beautifully landscaped garden, meticulously maintained and complete with a garden shed for additional storage.
Tockwith is a desirable village that offers a friendly community atmosphere and excellent local amenities, including shops, a primary school, and recreational facilities. For those who enjoy the outdoors, the surrounding countryside provides ample opportunities for walking, cycling, and exploring.
Transport links are superb, with easy access to the A1(M) and A64, making commuting straightforward to nearby cities such as York, Leeds, and Harrogate. Cattal railway station is a short drive away, providing regular services to York and Leeds, ideal for those who commute by train.
Perfectly blending modern comforts with a serene environment, 16 Cowstail Lane presents an ideal opportunity to enjoy countryside living without compromising on convenience. Don't miss the chance to make this exceptional property your new home.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- Three Bedroom Semi-Detached Home
- Three Floors
- Open Plan Kitchen/Diner
- Ensuite to the Primary Bedroom
- Tenure: Leasehold (125 years from 28/02/2020).
- Share Available: 40%(£110,000).
- Shared Ownership Rent: £455.32 per month (subject to annual review).
- Lease Management Fee: £24.95 per month (subject to annual review).
- Buildings Insurance: £129.60per annum (subject to annual review).
- Council Tax: Band B, North Yorkshire Council
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: B
Property Downloads
Key Information Document Floor PlanMap
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 £275,000, £5,500 Min Deposit. Calculated using a representative rate of 5.03%
