3 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Leasehold (990 years remaining)
- Brand new Shared Ownership home
- Open plan kitchen/diner
- En suite
- Parking
- Garden
- Available immediately
PATHWAYS BY CITRA OFFERS BRAND NEW HOMES AVAILABLE FOR RENT, WITH THE OPPORTUNITY TO BUY AFTER AN INITIAL 3 MONTH TENANCY*.
As a resident of Gateford Park, spending time outdoors with the family is effortless, with plenty of green open space to enjoy on your doorstep, not forgetting the National Trust’ Cumber Park just an 8-mile drive away. Within a 10-minute drive of your new home you will have a choice of four supermarkets for your weekly shop.
If you enjoy getting out and about, your new home benefits from excellent transport links including the A57, A60, A1 and the M1. You will also find Shireoaks and Worksop railway stations just a 6-minute drive away offering excellent travel links. For those who fancy a change of scenery altogether, the bustling city of Sheffield is around a 30-minute drive, offering a number of high-street and independent shops, bars and restaurants for you to become acquainted with.
Built to the ‘Maidstone’ design, the ground floor comprises a cloakroom, good-sized lounge and an open-plan kitchen with dining area and French doors leading to the garden. The first floor has three bedrooms – the generous main bedroom with en suite and family bathroom. Externally is off road parking and a garden.
PRICING & AFFORDABILITY
Approximate Size 830 sq ft
Monthly Rent: £995pcm*
AFTER 3 MONTH RENTAL PERIOD, THIS IS AN EXAMPLE BREAKDOWN OF PURCHASE OPTIONS^^^
Full Market Value: £225,000
25% Share Price: £56,250 (rent £562.50pcm)
50% Share Price: £112,500 (rent £375.00pcm)
75% Share Price: £168,750 (rent £187.50pcm)
Minimum 5% Mortgage Deposit (25% share): £2,813
Approximate Service Charges: £70 pcm^^
Shared Ownership Lease: 990 years
Council Tax Band: TBC
WHAT IS PATHWAYS BY CITRA?
We understand how important it is to feel secure in your home and to feel part of a community. We also realise it can be difficult to get your foot onto the property ladder. We want to help you own your own home. Once you have found a Citra home that you love and we have completed all of the necessary checks, you are ready to move in. If you want to buy your home, you can start the shared ownership process at any time after the three months of your agreement, using just a 5% deposit^. You will purchase an initial share between 25% and 75% of the property using a deposit and mortgage. You can then increase that share until you own it all*.
ELIGIBILITY
To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.
* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.
* Buying fees will occur. Purchasers will be required to pay a £100 holding fee and 5 weeks rental payment to secure the home.
^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.
^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.
^^^Purchase price may change from the advertised price at point of rental agreement.
* These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Citra’s privacy notice can be viewed on their website
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Property reference SDO240150. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN - National.
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