House For Sale £56,250
The Seville is a classic townhouse and is spread across 3 floors. Designed with large windows throughout, this home is bright and airy. The farmhouse-style kitchen is sure to be the heart of the home, where there's enough room for a dining table big enough for the whole family to enjoy time together. The French doors lead out to the garden, making alfresco dining a regular occurrence.
On the first floor, you'll find a spacious living room to relax and unwind after a busy day. The main bedroom looks out onto the garden and includes a modern en-suite.
Upstairs, you'll find two additional double bedrooms, along with an en-suite and a family bathroom. Do you work from home? Not a problem, the fourth bedroom can easily be transformed into a home office, a guest room, or even a playroom. This flexibility means that as your lifestyle evolves, the Seville can adapt right along with you - making it the ideal home for every stage of life!
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 £225,000 but, with shared ownership, you could purchase an initial 25% share for just £56,250 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 £2,813.
