2 bed Flat For Sale £64,000
Welcome to Glenvale Park
Glenvale Park is a new community of two and three bedroom homes on the outskirts of Wellingborough, Northamptonshire.
Surrounded by idyllic countryside and less than 2.5 miles from Wellingborough town centre, Glenvale Park provides easy access to a variety of independent shops, cafes, restaurants and pubs.
Plot 92 is a 63 square metre, Two Bedroom third floor apartment with 2 parking bays at Glenvale Park, Wellingborough available to purchase through Shared Ownership.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £160,000
- 40% Share Value :£64,000
- 5% deposit of 40%: £3,200
- Rent on unowned share: £220 per month
- Service Charge: £202.63 per month
- Council Tax: TBC*
A wide range of supermarkets including Sainsbury's, Aldi, Tesco and Morrisons are also within easy reach, with a choice of three major shopping centres, two cinemas and the lively Castle Theatre all within 7.5 miles.
The A509 provides excellent transport links to the surrounding areas, with the nearby Wellingborough railway station getting you into London in just 50 minutes.
Shared Ownership homes at Glenvale Park will be ready to move into from Spring 2024.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
LOCAL AREA
Welcome to Glenvale Park
Situated just off the A509, Glenvale Park is well-connected for those commuting by road or rail.
Northampton and the M1 are both accessible in under 25 minutes, with nearby Kettering accessible in 15 minutes and Bedford in 35 minutes.
Wellingborough railway station is just 3 miles away and offers a regular service into London St Pancras in around 50 minutes. By train, Leicester can be reached in 30 minutes, Nottingham in 60 minutes and Derby in 65 minutes.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Glenvale Park, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
