2 Bed Detached House For Sale

The Bay

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This attractive 2 bedroom home offers accommodation over two floors. The ground floor includes a spacious hallway and a living room with French double doors that lead onto

the rear garden. A kitchen / dining area to the front of the property, and a cloakroom / WC

and storage cupboard, complete the ground floor layout. On the first floor there are two double

bedrooms and a family bathroom.



This property is part of The Meadows, an exceptional Collection of 2,3 and 4 Bedroom Homes for sale through Shared Ownership.



Situated to the east of Preston city centre, The Meadows is a collection of newly built 2,3, and 4 bedroom homes. The popular location has been chosen to provide you with ready access to some of the best green space surrounding Preston, and to the city itself. Great transport connections also make it easy to travel across the region by road and train.

Each home design on display gives an outstanding blend of contemporary style and quality finishing tailored to different kinds of homeowners - so you can be sure to find what you're looking for in your new home.

All the 2,3, and 4 bedroom homes on offer at The Meadows have modern living at the heart of their design ethos. With a considered blend of open plan layouts and optimal natural light, finishing is of the highest standard throughout, from the spacious interiors to the private garden spaces.



Stylish and smart, the clean aesthetic chosen throughout is the perfect flowing canvass for you to make your own.



SHARED OWNERSHIP



Stepping into your new home is one of the best and most exciting achievements in your life and Shared Ownership makes that ambition possible. You initially purchase a part share in a home through a mortgage and savings. You only need to buy as much as you can afford, usually a minimum of 25% and up to a maximum of 75%, and you pay a subsidised rent to us on the share that you don't own. The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay. What's more, you can get started with a smaller deposit, because its calculated on the value of the share you buy. Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder. Even though you are only purchasing a share, it will definitely feel like your home since you are free to decorate and personalise it to your own taste.

Below we've listed some of the main qualifying criteria around your eligibility:

* Your household income is £80,000 a year or less

* You cannot afford all the deposit and mortgage payments for a home that meets your needs

* You're a first-time buyer or * You used to own a home, but cannot afford to buy one now or

* You own a home and want to move but cannot afford a new home suitable for your needs or * You're forming a new household - for example, after a relationship breakdown or

* You're an existing shared owner and want to move



This house is available to be purchased through Shared Ownership and below are some sample figures for your information. Other combinations are available to suit your needs:

Full Marker Value £190,000 Estate charge £32.68pcm ( building insurance included).



30% share at £57,000, Shared Ownership rent £ 304.79 pcm

35% share at £66,500, Shared Ownership rent £283.02 pcm

40% share at £76,000, Shared Ownership rent £261.25 pcm

50% share at £95,000, Shared Ownership rent £217.71 pcm

60% share at £114,000, Shared Ownership rent £174.17pcm

70% share at £133,000, Shared Ownership rent at £130.63 pcm

75% share at £142,500, Shared Ownership rent at £108.85 pcm



All homes at The Meadows are built to a high specification with contemporary living in mind. Light, spacious rooms are complemented by eye catching stylish bathroom designs and kitchen/diners equipped with convenient fitted units throughout - including a stainless-steel oven, gas hob and extractor hood.

A number of eco-features have also been integrated into the designs. With electric vehicle charging points and energy efficient boilers complementing full double glazing throughout, your new home is efficient and economical to heat and maintain.

We've paid just as much attention to detail outside as in, with a range of large and small conveniences - from off-road parking to lighting at both the front and rear.



Show home is now available to view.