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Shared ownership
£147,500

3 bedroom townhouse for sale

25 Peridot Drive, Wellingborough, Northamptonshire, NN8 6DS
Added yesterday
Townhouse
3 beds
3 baths
1203
EPC rating: B
Added yesterday

Key information

TenureLeasehold | unconfirmed share | 988 yrs left
Council taxAsk agent

Features and description

  • Excellent built in storage throughout the home
  • Good access to schools, local amenities and rail connections
  • Located in a quiet residential area of Wellingborough
  • Modern shared ownership home with 50% share available
  • Primary bedroom with ensuite bathroom
  • Spacious living room and modern fitted kitchen
  • Three bedroom townhouse arranged over three floors
  • Two allocated parking spaces

Shared Ownership Resale (50% Share)

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this beautifully presented three bedroom, three bathroom home in Wellingborough, Northamptonshire. The price shown represents purchasing a 50% share of the property through the Shared Ownership scheme.

Arranged over three spacious floors, this modern home offers a versatile and thoughtfully designed layout suited to contemporary living.

The ground floor welcomes you with a bright and spacious sitting room measuring approximately 4.95m x 4.38m, offering generous space for both everyday living and entertaining. This flows through to a modern fitted kitchen of approximately 3.39m x 2.24m, featuring contemporary fittings and practical storage.

The first floor provides two well proportioned bedrooms, offering flexible accommodation for family members, guests or home working. Bedroom two measures approximately 4.39m x 2.77m, while bedroom three measures approximately 3.35m x 2.27m. A family bathroom is also located on this level.

The top floor is dedicated to a spacious principal bedroom measuring approximately 6.18m x 4.39m, creating a distinctive loft style retreat beneath the eaves. This impressive room benefits from excellent eaves storage and its own ensuite bathroom, providing a comfortable and private upper level.

Overall the property offers approximately 111.8 sq m (1,203 sq ft) of living space across three floors, providing a well balanced layout with generous accommodation throughout. The home also benefits from two allocated parking spaces, adding further convenience.

With its modern finish, spacious layout and flexible accommodation, this home presents an excellent opportunity for buyers seeking a comfortable and practical future home.

Financial Breakdown

  • Full Market Value: £295,000
  • 50% Share Value: £147,500
  • Rent on unowned share: £389.16 per month
  • Service Charge: £97.72 per month
  • Lease Remaining: 988 years

Location

Situated in a sought after area of Wellingborough (NN8 6DS), the home benefits from convenient access to a range of local amenities.

Residents enjoy easy access to local shops, schools and everyday services, while nearby parks and countryside provide opportunities for walking, cycling and outdoor leisure.

Transport connections are also strong, with access to the A509 and A45 road networks, while Wellingborough railway station offers direct rail services to London and surrounding towns, making the area attractive for commuters.

This property is well suited to first time buyers, growing families, or those seeking more space within a well connected and established residential area.

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 year
  • 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

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.

Property information from this agent

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Area statistics

Crime score
Low crime
2/10
Home prices (average)
3 bedroom townhouses
£252,511

About this agent

Highlight Housing - UK
Highlight Housing - UK
50 Station Road London N22 7DE
0131 268 4038
Full profileProperty listings
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 in affordable housing, including shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that cuts through confusion and 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.
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