House For Sale £87,500
Landons Way, Stafford ST16

*LAST 2 SHARED OWNERSHIP homes for sale*
BRAND NEW ENERGY efficient homes are available at BAGNALL MEADOWS, STAFFORD built by ST MODWEN HOMES.
Contact us TODAY to find out more

whg are pleased to offer Shared Ownership homes at Bagnall Meadows built by St Modwen Homes. Getting on the property ladder may be easier than you think, we can help you to purchase a new energy efficient home in Stafford. 

Bagnall Meadows is less than a mile from Stafford Town Centre off of Castle Street. With the train station less than a mile away where the train run regularly directly in to Birmingham New Street and London Euston it makes commuting easy.

The immediate area around Bagnall Meadows has useful footpath links with access to outdoor spaces and children’s play area.

Stafford has a large town centre plenty of options for retail therapy including the local farmers market as well as a number of cafes and restaurants to find somewhere for a bite to eat.

We have a last couple of 3 bedroom properties available to purchase for Shared Ownership.

Three Bedroom:
The accommodation briefly comprises of entrance hall leading to living room, downstairs W/C & kitchen/diner. To the first floor: three bedrooms where the master bedroom also has an ensuite as well as a family bathroom. The properties will benefit from gas central heating and double glazing, as well as allocated parking and enclosed rear garden.

Plots 30 & 33 (Three Bed Mid Terraced House)

Prices from £87,500 for a 35% share

Monthly rent on remaining share: £372.39

Monthly Service Charge Payment - £33.17

Ground rent is not applicable

Other shares can be purchased subject to an affordability assessment.

*Demand is expected to be high Applications are treated as first come, first served.*

These properties are available now and we can offer a viewing once you have undertaken eligibility process.

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.

Council Tax is TBC due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set. 

Service Charge:  A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details. 

Next Steps:
For further information, please download our brochure below.
Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
Once you have passed the affordability assessment, we will pass your details to our Sales Consultant who will be able to take you through the reservation process.

We will offer shares between *25-75% 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

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 should be used as a guide only*