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House For Sale £58,750
Plot 282, Braxton at Longridge Farm, Choppington Road NE22


Description

One of our largest 3-bedroom homes, the Braxton with a little bit more.

This home is bright and airy with spacious rooms, many of which feature a dual aspect. The open-plan kitchen and dining room opens out onto the garden and is sure to be the heart of the home. Whilst the separate living room gives you the space to relax and unwind.

With three bedrooms, including an en-suite in the main bedroom, a modern family bathroom, and a convenient laundry room, there's plenty of space for everyone to enjoy!


Home specifications

A modern Symphony kitchen including:

  • 40mm postform worktop in Copper Slate
  • Kitchen cupboards in Hacienda Platinum Cashmere
  • Hometex vinyl in Sintra 507
  • Integrated oven and hob


A modern family bathroom and en-suite including:

  • White sanitaryware
  • Tiling to bath and shower in Fairford Beige Line Decor


Everything else:

  • Turf and fenced garden
  • External tap


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 £235,000 but, with shared ownership, you could purchase an initial 25% share for just £58,750 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 £2,938.


Follow the link for more information:
        
onthemarket.com

  
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