2 bedroom house for sale
Martin Drive, Stafford, ST16 1GN
Share percentage 40.00%, full price £270,000, £5,400 Deposit.
Share percentage 40.00%, full price £270,000, £5,400 Deposit
Monthly Cost: £998
Rent £371,
Service charge £25,
Mortgage £602*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Buying shares that are affordable.
Before you can apply to buy a shared ownership home with Severn Homes part of Homes Plus, you will need to undertake a no-obligation, initial financial assessment with a financial advisor to ascertain the maximum share you can afford and what deposit you will need.
Initial Financial Assessment- Are you eligible?
We work closely with 'The Mortgage People' (TMP) they will help you complete the initial financial assessment.
You can get a free 'Initial Assessment’ by following visitingtmpmortgages.co.uk/assessment/ or calling 0800 488 0814.
TMP are open, Monday to Friday 9am-5pm or via “Live Chat” until 8pm weekdays and between 10am-4pm on a Saturday.
TMP will email us the outcome of your initial financial assessment based on your preferred development and plot.
A member of our sales team will then contact you to confirm the outcome of the initial assessment and advise you of the next steps.
Note:
This free initial financial assessment isessentialwhether you're applying for a mortgage or purchasing your shares outright with cash. This will show you what share you can afford to apply for and is free. There may be a charge when you proceed to apply for a mortgage.
For more information on the “Steps to buying a shared ownership home” with us plese seehttps://www.severnhomes.co.uk/steps-to-buying-a-shared-ownership-home/.
First Come, First Served.
Properties are sold on a first come, first served basis. Therefore, to avoid missing out, don't delay, apply today.
The plots we are offering on this development have not been funded by Homes England. No application will be given priority and all applications will be considered on a first come, first serve basis.
Some plots are sold ‘off plan’ and viewings may not be available straight away and until the initial financial assessment has been passed.
If there is anything else we can help with, please do not hesitate to contact our sales team Monday to Friday 8.30-5pm via Sales@SevernHomes.co.uk or call Gail on 07976 924963 (8.30-4pm Monday to Friday excluding Tuesdays)
Note:
1) Additional information is available in the Key Information Document 1 & 3. Key Information Document 2 will be issued before the reservation fee is paid.
2) A financial assessment is required for those requiring a mortgage and cash purchasers.
3) These plots are sold off plan. The anticipated build completion date of November 2024 is a guide and should not be relied upon until a fixed date as been given.
4) There is no maximum stair-casing restriction on these plots. Meaning, you could buy more shares up to 100% over time. More information about stair-casing can be found athttps://www.gov.uk/shared-ownership-scheme/buying-more-shares-staircasing.
5) Minimum starting share available is 25%.
More information about shared ownership can be found at https://www.gov.uk/shared-ownership-scheme-.
Remember, failure to pay your rent, service charge, or mortgage could mean your home is at risk of repossession.
Severn Homes is part of the Homes Plus Group.
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home, or you will have sold your current home before you purchase.
- You pass the initial financial assessment with a financial advisor and complete the Homes England Calculator to show what share is available for you to purchase.
- A financial assessment is required for cash buyers or for those requiring a mortgage.
For more information on how to apply please visit https://www.severnhomes.co.uk/shared-ownerships/
Summary
Plot 79 - Semi-detached, 3-bed Stylish Terrace Homes – Perfect for Modern Living. Apply today!
Description
Plot 79- 3-bed Semi-detached home.
To the front of the properties is the hallway with access to lounge. At the back of the open plan kitchen/diner area, which is a great space to be with the family, there is the patio doors opening out onto the garden, this is a perfect area for entertaining and the garden area comes turfed and fenced. Downstairs is alo the a store cubord and convienient WC. Up-stairs there are three good sized bedrooms and a family bathroom. Vinyl flooring is provided to the kitchen area, downstairs WC and family bathroom. These energy-efficient homes are heated throughout with gas central heating and they also come with solar panels. The properties also benefit from having 2 off road parking spaces.
Note:
Floor plans-for left/right-handed plots the layout may mirror the image.
Some plots may have Cedral Cladding on the front of the property.
Plots 79 has been built by Charles Church (Persimmon).
For more information please check with the sales team before reserving your chosen plot.
(Some images used are for illustration purposes only and may not show the exact property)
Important Restrictions for Shared Ownership Properties, this is by no means an exhaustive list.
No Extensions: Extensions to the property are not permitted within the first 5 years. Following this time, you will require your landlord's permission prior to considering any extension.
Rotary Airer Restrictions: Rotary airers are not allowed at the front of the properties.
Vehicle and Parking Restrictions: No parking of heavy goods vehicles, caravans, boat trailers, commercial vehicles, or similar vehicles over 1.5 Tonne or exceeding 2 meters in height are not permitted.
Animal Restrictions: Keeping poultry, pigeons, or birds of prey is not allowed.
Landscaping Restrictions: Trees or shrubs included in the landscaping scheme must not be removed.
Machinery Restrictions: Only domestic machinery is allowed; no other types of machinery should be kept on the property.
Satellite Dish Restrictions: Satellite dishes must not be erected at the front of the property.
Not to leave a dustbin or other refuse container: on the property so as to be visible from the road, other than on the night before or day of collection.
Not to carry out Trade or Business on the property.
Key Features
- 3-bedrooms.
- Open plan, kitchen/lounge/dinner.
- Built-in oven, hob and extractor hood.
- Flooring to kitchen area, downstairs WC and family bathroom.
- Convenient separate downstairs WC.
- Family bathroom.
- Private turfed and fenced garden.
- Gas central heating system.
- 2 off-road parking spaces.
- 1 car charging point.
- NHBC new build warranty.
- Approx. Gross Internal Floor Area-86 sqm.
Ref: Outline Planning permission Date; - 20th May 2019, Ref: 17/27731/FUL.
Ref: Planning Approval Ref: 20/32034/FUL.
For future planning and further information on and around this development please look at the council planning portal- https://www.staffordbc.gov.uk/planning-public-access.
This plot is offered for sale on a New Build development which was granted approval under Ref: 21/33986/FUL – dated 20 January 2022.
Charles Church (Persimmon) are building 102 new homes as part of the development site, of the 102 being built by Charles Church (Persimmon) 24 of the plots are affordable homes - 19 social rent and 5 shared ownership and the remainder are for outright sales.
The tenure of any development is subject to change over time.
Recently developed area of Burleyfields in Stafford, Horton's Keep is a stunning new development that enjoys a prime location, offering the perfect blend of beautiful surroundings and easy access to essential amenities.
Situated just a short distance from the heart of Stafford, home owners can explore the town's historic charm and excellent dining options.
The town center is only 5.8 miles away from Horton's Keep and hosts a vibrant mix of shops, boutiques, and supermarkets, providing ample retail therapy opportunities. Stafford also offers an Odeon Luxe, Ten Pin Bowling and Gatehouse Theatre for entertainment.
The development is well-connected to major road networks, including the A34 and M6, providing convenient travel options to nearby cities and towns.
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms: 7
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2025
Unit size: 86m2
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Double Glazing, Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 10%, full price £270,000, £1,350 Min Deposit. Calculated using a representative rate of 5.03%
