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Total views: 2500+
Floorplan
MapShared ownership
£168,0003 bedroom end of terrace house for sale
Windmill Close, Barkway, Royston
End of terrace house
3 beds
1 bath
Key information
Tenure: Leasehold | unconfirmed share | unconfirmed yrs left
Service charge: £528.72 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1800Mbps *
Mobile signal:
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Features and description
Shared Ownership
This superb modern home is available to buy from as little as £168,000 with a 40% share!
*PLEASE NOTE THIS PROPERTY HAS AN 80% STAIRCASING RESTRICTION & ALLOCATION WILL BE BASED ON BUYERS HAVING A LOCAL AREA CONNECTION*
Occupying a corner plot position within a cul-de-sac in Barkway is this three bedroom end of terrace home. The well presented accommodation provides an entrance hall with stairs rising to the first floor, a spacious reception room, a large kitchen/dining room, utility room, downstairs WC, three bedrooms and a modern bathroom. There is a larger than average garden at the rear and at the front of the property there is a driveway for two cars.
Barkway is a village just outside of Royston. Living in Royston offers several benefits, making it an attractive place for both families and professionals. Royston is well-positioned for easy access to major cities. It's just a short drive to London (about 45 minutes), Cambridge (about 30 minutes), and other towns in Hertfordshire and Bedfordshire. The town also benefits from excellent transport links, including a mainline railway station with direct services to London King's Cross, which makes commuting convenient. Royston has a good selection of local shops, restaurants, cafes, and other amenities. While it’s a small town, it offers plenty of conveniences for everyday living.
PRICING & AFFORDABILITY
Full Market Value: £420,000
40% Share Price: £168,000 (rent £644.25 pcm)
Minimum 5% Mortgage Deposit (40% share): £8,400
Approximate Service Charges: £44.06 pcm*
Shared Ownership Lease: approx. 998 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
This superb modern home is available to buy from as little as £168,000 with a 40% share!
*PLEASE NOTE THIS PROPERTY HAS AN 80% STAIRCASING RESTRICTION & ALLOCATION WILL BE BASED ON BUYERS HAVING A LOCAL AREA CONNECTION*
Occupying a corner plot position within a cul-de-sac in Barkway is this three bedroom end of terrace home. The well presented accommodation provides an entrance hall with stairs rising to the first floor, a spacious reception room, a large kitchen/dining room, utility room, downstairs WC, three bedrooms and a modern bathroom. There is a larger than average garden at the rear and at the front of the property there is a driveway for two cars.
Barkway is a village just outside of Royston. Living in Royston offers several benefits, making it an attractive place for both families and professionals. Royston is well-positioned for easy access to major cities. It's just a short drive to London (about 45 minutes), Cambridge (about 30 minutes), and other towns in Hertfordshire and Bedfordshire. The town also benefits from excellent transport links, including a mainline railway station with direct services to London King's Cross, which makes commuting convenient. Royston has a good selection of local shops, restaurants, cafes, and other amenities. While it’s a small town, it offers plenty of conveniences for everyday living.
PRICING & AFFORDABILITY
Full Market Value: £420,000
40% Share Price: £168,000 (rent £644.25 pcm)
Minimum 5% Mortgage Deposit (40% share): £8,400
Approximate Service Charges: £44.06 pcm*
Shared Ownership Lease: approx. 998 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Property information from this agent
About this agent
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.