House For Sale £57,500
Plot 347, Rosas at Kingswood Collection, Heritage Road HU7

Spread across three floors, the Rosas is a beautifully designed property with spacious living areas downstairs. The open-plan kitchen and dining room is bright and airy, making it the ideal spot for entertaining friends and family.

The real show stopper of this home is the main bedroom suite. Accessed by its own staircase and filled with light from windows in the eaves, it has an en-suite and a generous dressing area.

With three more bedrooms, a family bathroom and finished to a high specification we can see why this home has proven to be popular!

Home specifications

A modern kitchen including:

• Oven and extractor
• Induction hob
• Integrated appliances

A modern bathroom and en-suite featuring:

• Modern sanitaryware
• Shower to en-suite

Everything else:

• Outside tap to garden
• Landscaped front garden

Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Do I Qualify?

You qualify for shared ownership if you:

• Have a household income of under £80,000 (less than £90,000 in London)
• Don’t currently own your home and can’t afford to on the open market
• Can afford the minimum deposit
• Pass an affordability check to make sure you can get a mortgage

* The full market value of this home is £230,000 but, with shared ownership, you could purchase an initial 25% share for just £57,500 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £2,875.