House For Sale £96,000
Shared ownership (Advertised price represents 40% share. Full market value £240,000). A smartly-presented, mid-terrace property which has a ground-floor cloakroom and a good-sized kitchen at the front while, at the rear, the reception/dining room which opens onto a west-facing garden with fields beyond. Upstairs, on the first floor, there is a spacious main bedroom plus a second double bedroom and a simple, white-tiled bathroom. The energy-efficiency rating is very good, thanks to well insulated walls and roof, modern double glazing and a mix of solar and gas water heating. The house comes with use of a parking space and is only a short drive from both Northampton's attractive town centre and the M1 motorway for easy north/south travel. Northampton Railway Station can also be reached by bike or local bus.
Interested parties are required to complete the shared ownership common application form
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(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: Home Group.
Tenure: Leasehold (125 years from 2013).
Minimum Share: 40% (£96,000).
Shared Ownership Rent: £202.54 per month (subject to annual review).
Combined Insurance, Service Charge and Management Charge: £27.16 per month (subject to annual review).
Guideline Minimum Income: Dual - £21,000 Single - £25,100 (based on minimum share and 10% deposit).
Council Tax: Band C, West Norhamptonshire 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.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Cloakroom
Kitchen
12' 0" x 5' 5" (3.66m x 1.65m)
Sitting / Dining Room
15' 8" max. X 12' 0" max. (4.78m x 3.66m)
Garden
approximately 32' 0" x 13' 0" (9.75m x 3.96m)
First Floor
Bedroom 1
12' 0" x 10' 8" (3.66m x 3.25m)
Bathroom
Bedroom 2
12' 0" max. X 10' 0" max. (3.66m x 3.05m)
Interested parties are required to complete the shared ownership common application form
[]
(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: Home Group.
Tenure: Leasehold (125 years from 2013).
Minimum Share: 40% (£96,000).
Shared Ownership Rent: £202.54 per month (subject to annual review).
Combined Insurance, Service Charge and Management Charge: £27.16 per month (subject to annual review).
Guideline Minimum Income: Dual - £21,000 Single - £25,100 (based on minimum share and 10% deposit).
Council Tax: Band C, West Norhamptonshire 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.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Cloakroom
Kitchen
12' 0" x 5' 5" (3.66m x 1.65m)
Sitting / Dining Room
15' 8" max. X 12' 0" max. (4.78m x 3.66m)
Garden
approximately 32' 0" x 13' 0" (9.75m x 3.96m)
First Floor
Bedroom 1
12' 0" x 10' 8" (3.66m x 3.25m)
Bathroom
Bedroom 2
12' 0" max. X 10' 0" max. (3.66m x 3.05m)
