2 bed semi-detached house for sale

Gaskin Close, Langthorpe, Boroughbridge, York YO51

Shared ownership opportunity

***Price shown to represent a 25% share***

A well presented home in the popular village of Langthorpe that is available for Shared Ownership. This two bedroom semi detached home comes complete with parking and a private rear garden.

Built by Taylor Wimpey in 2022, the property is situated in a superb location with good proximity to local amenities.

Set in the idyllic village of Langthorpe, close to the market town town of Boroughbridge, the property offers bright, open rooms, finished to a good standard and thoughtfully laid out.

The ground floor comprises a large and light open plan lounge/dining room and kitchen space opens through French doors to the private rear garden, making it perfect for entertaining. A cloakroom, store cupboard and downstairs toilet complete the ground floor layout. The first floor comprises the spacious principal bedroom, a main bathroom, and an additional double bedroom.
Shared ownership

Eligibility
Stepping into your new home is one of the best and most exciting achievements in your life and Shared Ownership makes that ambition possible. You initially purchase a part share in a home through a mortgage and savings. You pay a subsidised rent on the share that you don't own. The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay and what's more, you will benefit from only needing a low deposit because its calculated only on the value of the share you buy. Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder and even though you are only purchasing a share in your home, it will feel as if you own it outright because you are welcome to decorate and personalise it to your own taste.

Estate charge payable at £133.33 per annum
Management fee and building insurance payable at £150 per annum.

Shared Ownership is a government backed initiative and below we've listed some of the main qualifying criteria regarding your eligibility:

* Your household income is £80,000 a year or less
* You cannot afford all the deposit and mortgage payments for a home that meets your needs
* You're a first-time buyer or
* You used to own a home, but cannot afford to buy one now or
* You own a home and want to move but cannot afford a new home suitable for your needs or
* You're forming a new household - for example, after a relationship breakdown or
* You're an existing shared owner and want to move
Tenure

Although properties are Freehold, they will be sold on a Leasehold basis if shared ownership arrangements are in place.