3 bedroom detached house

The Property
Located in the sought-after Merrington Park area of Spennymoor, this beautifully presented three-bedroom detached home offers modern living in a quiet, green setting.

Built in 2020 and benefiting from the remainder of the NHBC warranty, the property features double glazing throughout, efficient gas central heating, an attached garage and a double driveway.

Shared Ownership Opportunity – Heylo Housing
25% share available.
Full market value: £210,000.

Rent - £411.20
Lease management fee - £26.30
Estate charge - £9.75
Building insurance - £8.59

Please note that these charges are subject to a rent increase in April.

Eligibility Criteria:
• Household income under £80,000 per year
• Minimum 5% deposit of the share value
• No other property ownership worldwide
• Property must be your sole residence
• Permanent UK resident or indefinite right to remain

Accommodation

Entrance Hall – Bright and welcoming, leading to the main living space.

Living Room – Spacious reception room featuring attractive bay windows allowing ample natural light.

Kitchen/Diner – Modern fitted kitchen with generous dining space, ideal for family living and entertaining.

Utility Room – Dedicated space for washing machine and dryer.

Cloakroom/WC – Convenient ground floor toilet accessed from the utility area.

Bedrooms –
• Master bedroom with en-suite shower room
• Large second bedroom with built-in wardrobe
• Third bedroom ideal as a child’s room or home office

Family Bathroom – Contemporary suite with shower over bath.
En-Suite – Shower room to the master bedroom.

Outside

The property boasts a good-sized private rear garden, double driveway and integrated garage.

Situated within Merrington Park, the home is conveniently positioned close to local schools, shops and parks.

Well maintained throughout, this modern detached home presents an ideal opportunity for first-time buyers.

Early viewing is highly recommended. Viewings by appointment only.

Property ownership information

Tenure: Shared ownership

Percentage share owned: 25%

Additional monthly rent: £411.20

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 01/01/2145

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.