2 bed detached house for sale

Skylark Street, Burnley, Lancashire BB11

Stylish two bedroom home available on Shared Ownership.

This two-bedroom Rowan home, benefits from an open plan kitchen/dining/living area, built in storage, and downstairs WC on the ground floor. Upstairs you will find two double bedrooms, more built-in storage space and family sized bathroom.

A thriving market town, Burnley is surrounded by breathtaking Pennine countryside and benefits from a lively town centre which includes several restaurants, shops, a theatre, post office and three train stations taking you to other Lancashire destinations including Preston and Blackburn. For families with children, there are also several primary, secondary and higher education schools within a 10-minute drive from the development. Brun Lea Heights is just a short drive from the M65 and 5 minutes from Rossendale Valley. There’s plenty of green open space with Burnley Golf Club close by and Towneley Park just a short drive away with historic landscapes, formal gardens & woodland walks.

Financial Breakdown:
Full market value: £205,000
75% share value: £153,750
5% deposit: £7687.50
Monthly Rent on un-owned share (75%) £117.44

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
O Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information.
O Please note images used in this listing are for illustration purposes and are not exact to the property.