Buy a new home at Broadmeadows from £125 a week when you buy a 50% share!
Our two bedroom homes to buy offer an exciting opportunity for those looking to live just a short drive away from Durham city centre.
The ground floor offers light and airy open plan living, a cloakroom, a modern fitted kitchen with ample storage and an integrated oven and hob, as well as access to the good sized rear garden - perfect for entertaining in the Summer! To the first floor, there are two good sized bedrooms and a bathroom.
Prices start from £119,950, but when you buy a 50% share through shared ownership, this equates to just £60,000. This means your payments could be as low as £125 per week*, making the cost of buying a new home more affordable. And to top it off, your mortgage deposit could be as little as £3,000! The share you purchase is dependent on your affordability and personal circumstances. Contact us to find out more.
What is shared ownership? Shared ownership is a part-buy, part-rent government scheme that makes it easier and more affordable to get on the property ladder.
To qualify for shared ownership, there are a few boxes to tick:
- You are not currently a homeowner. - You have a household income of less than £80,000. - You have a sufficient deposit (a minimum of 5%) for the percentage of the home you'd like a mortgage for. - You can prove you can afford the monthly mortgage repayments.
Estimated monthly service charge: £29.05
*This is based on a 50% share of a two bedroom house valued from £119,950 with a 5% mortgage deposit.
Property descriptions and related information displayed on this page are marketing materials provided by Home Group - Broadmeadows. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Home Group - Broadmeadows for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.