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Property Listing Details

2 bed end terrace house for sale

Springwood Close, Meadowfield, Durham DH7

  • New home
  • Shared ownership

£60,000

Property details

Features

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room
  • Leasehold
  • Private garden
  • Off street parking
  • Central heating
  • Double glazing
  • Buy from £125 a week*
  • Low deposit - just £3,000!*
  • New build homes at affordable prices
  • Catchment area for Durham Johnston Comprehensive School

Listing view statistics

Last 30 days: 110 page views

Since listed: 229 page views

Description

Buy a new home at Broadmeadows from £105 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 £105 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.

Floorplan

Map & Nearby

Local Amenities

  • Durham 2.8 miles
  • Bishop Auckland 6.5 miles
  • Browney Primary Academy 0.2 miles
  • Brandon Primary School 0.7 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Durham 2.8 miles
  • Bishop Auckland 6.5 miles
  • Browney Primary Academy 0.2 miles
  • Brandon Primary School 0.7 miles

Market stats

Sale activity

Average estimated value for a house in DH7:

  • £97,587
  • Price decrease

  • -£388
  • (-0.396%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £88,377
  • Properties sold

    163

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom house in DH7 is currently:

£429 pcm

Recent sales nearby

See all recent sales in DH7
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Running costs

Mortgage calculator

£ per month

How much could I borrow?

In association with

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

The Developer

Price history

Sold prices provided by Land Registry
28th Sep 2018 £60,000 First listed

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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.