3 bedroom townhouse for sale

Shared Ownership Resale (50% Share)

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this well maintained shared ownership resale house at 26 Carnelian Avenue, Wellingborough. The price shown represents purchasing a 50% share of the home.

Located within the popular Glenvale Park community in Wellingborough, the property offers an excellent opportunity for buyers looking to step onto the property ladder through Shared Ownership.

Built in 2022, this modern three-storey, three-bedroom semi-detached townhouse offers spacious and contemporary living across approximately 1,195 sqft.

Inside, the ground floor provides a bright and welcoming lounge and dining area, a modern fitted kitchen, and a convenient separate WC. The first floor offers two well proportioned bedrooms and a family bathroom, while the top floor is dedicated to a generous primary bedroom suite, complete with an additional bathroom and dressing room, creating a private and comfortable retreat.

The property also benefits from allocated parking for two cars, an EV charging point, private garden, and modern internal fittings and upgraded finishes throughout. The versatile three-storey layout makes the home well suited to families, professionals, or buyers seeking flexible living space.

With its modern design, excellent condition, and location within a growing community surrounded by green spaces, schools, shops and new local amenities, this attractive townhouse presents a fantastic opportunity to purchase a well maintained home in one of Wellingborough's most desirable new neighbourhoods.

Financial Breakdown

• Full Market Value: £315,000
• 50% Share Value: £157,500
• Rent on unowned share: £438.93 per month
• Estate Charge: £34.31 per month
• Buildings Insurance: £30.41 per month
• Management Fee: £37.16 per month
• Total Monthly Payment (excluding rent): £101.88
• Lease Remaining: 106 Years

Local Area

Glenvale Park is a growing new community on the edge of Wellingborough, designed to provide a balanced lifestyle with access to open green spaces, walking routes and local amenities. Residents benefit from nearby supermarkets, schools, leisure facilities and everyday services within the town.

Wellingborough railway station is located a short drive away, offering direct rail connections to London St Pancras International in under an hour, making the area popular with commuters. The surrounding Northamptonshire countryside also provides a variety of parks, walking routes and outdoor spaces to enjoy.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.

Legal & General Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market

This resale opportunity offers a chance to buy an established home through the Shared Ownership scheme, providing a more affordable and flexible way to get onto the property ladder.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent is payable on the share not owned, along with any applicable service charges and other outgoings. Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection. All information provided is for guidance only and does not form part of any contract.