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Shared ownership
£87,500

2 bedroom apartment for sale

Airfield Way, Weldon, Corby
Added yesterday
Apartment
2 beds
1 bath
Added yesterday

Key information

TenureLeasehold | unconfirmed share | 986 yrs left
Service charge£1,474.20 per annum
Council taxAsk agent
BroadbandUltra-fast 1800Mbps *

Features and description

  • Modern Shared Ownership Apartment
  • Two double bedrooms
  • Modern bathroom
  • Allocated parking
  • Long Lease
This superb modern home is available to buy from as little as £87,500 with a 50% share!

This beautifully presented two-bedroom flat is located in a peaceful and sought-after area of Weldon, making it an ideal choice for first-time buyers. The property combines modern living with practical convenience, offering a comfortable and welcoming home.

Inside, you will find a spacious open-plan kitchen and dining area, thoughtfully designed for both everyday living and entertaining. The kitchen provides plenty of storage and workspace, seamlessly flowing into the dining area perfect for family meals or social gatherings.

The accommodation features two generously sized double bedrooms and a modern bathroom, all complemented by a welcoming entrance hall. Outside, the flat benefits from allocated parking, providing added convenience.

Situated close to local amenities and schools, the property also enjoys excellent transport connections. Weldon is served by regular bus routes into Corby town centre and beyond, while Corby Railway Station offers direct links to Kettering, Market Harborough and wider destinations. Commuting by car is straightforward too, with easy access to the A43 and the surrounding road network.

PRICING & AFFORDABILITY

Full Market Value: £175,000

50% Share Price: £87,500 (rent £226.39pcm)
Minimum 5% Mortgage Deposit (50% share): £4,375
Approximate Service Charges: £122.85pcm*
Lease: 987 years

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 £80,00
• 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

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Area statistics

Crime score
Low crime
1/10
Home prices (average)
2 bedroom apartments
£150,339

About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
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.
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