£137,500
(£131/sq. ft)
3 bed terraced house for saleAvondale Drive, Preston PR5
3 beds
1 bath
1,051 sq. ft
EPC Rating: B
- New home
- Shared ownership
- Retirement
- Leasehold
LWC Sales & Lettings Ltd
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About this property
Off street parking
Shared Ownership
Contemporary kitchens: Oven hob and extractor
Carpets and Vinyl flooring throughout
Modern sanitaryware and chrome finished fittings in the bathrooms
Air source heat pumps and underfloor heating on the ground floor
Electric car charging points
External front and rear lights and outside tap
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This modern 3-bedroom family home is part of The Weavers in Lostock Hall - an exceptional collection of two and three and four bedroom homes.
All the two, three and four-bedroom homes on offer at The Weavers have modern living at the heart of their design. With a considered blend of open-plan layouts and optimal natural light, finishing is of the highest standard throughout, from the spacious interiors to the private garden spaces.
We are mindful of the modern family's needs and lifestyle - everyone from first-time buyers to
growing families can step into a world of comfort and feel very much at home.
With stunning design and features, the clean aesthetic which flows throughout offers the perfect
canvas to make a home your own
With a considered blend of open-plan layouts and optimal natural light, finishing is of the highest standard throughout, from the spacious interiors to the private garden spaces.
We are mindful of the modern family's needs and lifestyle - everyone from first-time buyers to
growing families can step into a world of comfort and feel very much at home.
With stunning design and features, the clean aesthetic which flows throughout offers the perfect
canvas to make a home your own.
The location of The Weavers gives residents a wide range of beautiful outdoor amenities on the doorstep and further afield. There are plenty of local nature reserves and parks to help you get the most out of the area, including Cuerden Valley Park, Worden Park and Brockholes Nature
Reserve. The nearby River Lostock is a nature-packed oasis that's popular with walkers.
The Weavers is designed for modern daily life. With great transport links and lots of amenities, including a selection of supermarkets within a short drive, everything you need is close to hand. And don't forget, the family-friendly city of Preston is on the doorstep. There's always something to do here: Shopping, entertainment, history, and culture, eating out or nights out.
With an excellent choice of schools nearby, it's easy to see why The Weavers is a great location for growing families.
Stepping into your new home is one of the best and most exciting achievements in life and Shared Ownership makes that ambition possible. You initially purchase a part-share in
a home through a mortgage and savings.
You only need to buy as much as you can afford, usually a minimum of 25%* and up to a maximum of 75%, and you pay a subsidised rent to us 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. What's more, you can get started with a smaller deposit, because it's calculated on the value of the share you buy.
Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder. Even though you are only purchasing a share, it will definitely feel like your home since you are free to decorate and personalise it to your own taste. Shared Ownership is a Government-backed initiative. Below we've listed some of the main qualifying criteria around 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
*lower shares may be available
This house is available to be purchased through Shared Ownership and below are some sample figures for your information. Lower shares may be available subject to passing financial assessment.
Full Marker Value £275,000 Estate charge £36.29pcm and building insurance £11.01pcm
25% share at £68,750, Shared Ownership rent £472.66pcm
30% share at £82,500, Shared Ownership rent £441.15pcm
35% share at £96,250, Shared Ownership rent £409.63 pcm
40% share at £110,000, Shared Ownership rent £378.12 pcm
50% share at £137,500, Shared Ownership rent £315.10 pcm
60% share at £165,000, Shared Ownership rent £252.08 pcm
70% share at £192,500, Shared Ownership rent at £189.06 pcm
75% share at £206,250, Shared Ownership rent at £157.55 pcm
Viewings available now.
Some images are for illustration purposes only.
More information
Tenure
Leasehold (990 years)
Service charge
£36 per month
Council tax band
New build house
Ground rent
£0
Ground rent date of next review
Shared ownership details
Fantastic opportunity to buy this beautiful three bedroom family home with Shared Ownership. You can buy it at £206,250 for 75% share. Rent at £157.55pcm.
Shared ownership percentage owned
50%
Shared ownership rent
£315 per month