3 bedroom house for sale
Browdie Road, Darlington, DL2 2WQ
Share percentage 50%, full price £220,000, £11,000 Min Deposit.
Share percentage 50%, full price £220,000, £11,000 Min Deposit
Monthly Cost: £909
Rent £322,
Service charge £32,
Mortgage £555*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership Basis
Description
A rare chance to buy a detached, shared-ownership family home. This recently-constructed and smartly-presented property features a full-length reception/dining room with patio doors and semi-open-plan kitchen. There is a dedicated utility area and a ground-floor cloakroom. Upstairs, on the first floor, is a main bedroom with en-suite shower room plus a spacious second bedroom, a slightly smaller third double bedroom and a naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. Ofsted list five primary schools and a secondary school within a mile radius, all rated 'Good'. The house has a good-sized, south-facing rear garden, an integral garage and a two-car driveway. Darlington's attractive town centre can also be reached via bus or bike and the A1(M) is within easy reach if traveling further afield. No onward chain.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £220,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/34hyrz33]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Heylo. Heylo Housing requires that all applicants must have a permanent right to reside in the UK.
Tenure: Leasehold (999 years less 6 days from 07/10/2022).
Minimum Share: 50% (£110,000).
Shared Ownership Rent: £322.38 per month (subject to annual review).
Service Charge: £31.78 per month (subject to annual review).
Guideline Minimum Income: Dual - £27,100 | Single - £33,300 (based on minimum share and 10% deposit).
Council Tax: Band C, Darlington Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £11,000
- Guide Min Income Dual £27.1k | Single £33.3k
- Two Storey, Three Bedroom, Detached House
- Approx. 1033 Sqft Gross Internal Area
- Bathroom, Shower Room and Cloakroom
- Very Good Energy-Efficiency Rating
- South Facing Rear Garden
- Integral Garage plus Driveway
- No Onward Chain
Particulars
Tenure: Leasehold
Lease Length: 996 years
Council Tax Band: C
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Driveway
Outside Space/Garden: Yes - 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
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 £220,000, £11,000 Min Deposit. Calculated using a representative rate of 4.59%