2 bedroom house for sale
25 Burrows Way, Brimington, S43 1FR
Share percentage 50%, full price £205,000, £5,125 Min Deposit.
Share percentage 50%, full price £205,000, £5,125 Min Deposit.
Monthly Cost: £856
Rent £235,
Service charge £50,
Mortgage £571*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- 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.
Summary
New build 2 bedroom house in the Brimington Heights development. The price advertised represents purchasing a 50% share of the home.
Description
New build 2 bedroom house in the Brimington Heights development. The price advertised represents purchasing a 50% share of the home.
About the Home
The entrance hall provides access to the stairs leading to the first floor, a separate kitchen, and the open-plan living/dining area. The living/dining room features French doors that open onto the rear garden. Completing the ground is a convenient downstairs WC and under-stairs storage.
On the first floor there are two bedrooms, and the three piece family bathroom. Externally, the home has two allocated parking spaces.
About the Development
Brimington Heights has a village feel yet is ideally located near a range of local amenities, shops, schools and restaurants, in the popular area of chesterfield. Ideally situated for commuters, just 10 minutes from the M1 and only 30 minutes from Sheffield by train,
About the Area
Set just outside the centre of Chesterfield, the area offers a great range of local amenities. You can take a trip to the historically renowned Crooked Spire or even sample the vibrancy of the local bars and restaurants. The development is set close to outstanding schools and health centres, shops, and restaurants only a quick stroll away.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front 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. The minimum initial share you can purchase is 50% and the maximum initial share is 75% of the properties full market value. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&C's
*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.
Key Features
- Storage space
- Downstairs WC
- French doors to the rear garden
- Separate kitchen
- Allocated parking
- NHBC Warranty
- Service charge will apply
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 50%, full price £205,000, £5,125 Min Deposit. Calculated using a representative rate of 5.03%
