2 Bed Detached House For Sale

Situated on the desirable Mill Fields development and built by renowned builder Badger, these Shared Ownership houses are sure to be popular.

Plot 13 is a two bedroom semi detached house is a rare opportunity to purchase on the SHARED OWNERSHIP scheme in this area! Available to purchase from a 40% share at £100,000 with a deposit of £5000. Maximum amount available to purchase initially is 75%. Full market value is £250,000. A great opportunity to get onto the property ladder and staircase up to the full 100%.
With a welcoming entrance hall that leads through to the kitchen, elegantly designed and space for built in appliances this is sure to be the hub of family life. The sitting room is a beautiful space with ample room for a breakfast table and a door out to the rear garden. you also have a cloakroom on the ground floor. Upstairs on the first floor you will find two double bedrooms and the family bathroom. Outside you have an enclosed rear garden and to the front off road parking. With so much to offer and available as a share between 40 %and 75% getting on the housing ladder has never been easier.

Financial Breakdown
Full market value: £250,000
40% share value: £100,000
5% deposit: £5,000
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £343.75 per month

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.