3 Bed Detached House For Sale

**PLEASE NOTE prices are estimated based on a 30% share of the current full market valuation but are subject to change, therefore please use as a guide only until properties are released for sale and prices are updated.**



The Development

Discover Furrows Close, an exciting new housing development on Furrows Close, Ryall, offering stylish and modern homes through Shared Ownership.



Two and three bedroom homes nestled on the outskirts of Upton on Severn, Worcestershire, Furrows Close offers the perfect balance of tranquility and convenience. With local amenities, schools, and green spaces just a stone's throw away, everything you need is within reach.



Each home at Furrows Close is being crafted with modern living in mind, featuring open-plan layouts, sleek kitchens, and energy-efficient designs to help you save on bills.



Pre register your interest now to be the first to hear when they are released!



Prices

Prices are subject to change and based on an estimation of the current market value, please use as a guide only until properties are released for sale.



NEXT STEPS:

Please pre-register your interest for this development, we will contact you as soon as we have any further information.



Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.



We will offer shares between 10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.



Am I eligible?

Shared Ownership uses the following criteria to help people to get onto the property ladder:

- Maximum annual household income of £80,000.

- Unable to purchase a home suitable for your needs.

*Please note some images are typical and should be used as a guide only