12 Thornberry Court, Middlesbrough, TS5 5DP
2 Bed First Floor Flat available on shared ownership terms
£43,500 for a 75% share
Rent/Service Charges payable - £74.42 per calendar month
Thirteen Group have not inspected the property and the property details are provided here in good faith. For more information, please contact the Home Ownership Team on 01642 668629. For further details and to arrange a viewing please contact Hunters Estate Agents direct on 01642 224366.
For sale is a 2 bed first floor apartment at the desirable Thornberry Court development on Thornfield Road, Linthorpe. Located close to local amenities and good transport infrastructure, the property is offered Leasehold and briefly comprises: Communal Entrance, Staircase to apartment at first floor level, Hallway, Reception Lounge, Kitchen, Two Bedrooms, and a Bathroom. Benefited by electric storage heaters and double glazing. Externally the building is set on a good sized, private plot with communal gardens surrounding it. The gardens are mostly laid to lawn with some shrub and hedge borders and to the front of the property are off street parking facilities. This is a shared ownership property where the purchaser must be over 55, must have a household income under £80,000 and is not a current homeowner. The selling price of the property is £43,500.
Before making an offer on a re-sale property please make sure you have confirmed you are eligible for the shared ownership scheme by completing the Help to Buy application form. Once you have agreed a sale with the current owner, Thirteen Group will then complete a financial assessment to confirm if you are eligible to proceed with the purchase. Please contact the Home Ownership Team on 01642 668629 to discuss this in more detail.
Shared Ownership Resales
When the owner of a Shared Ownership property decides to sell the share they own, this becomes a re-sale. You will only be able to purchase the same or larger share in the home as the existing owner, which can vary between 25% and 75% of the property's market value. Then, just like Shared Ownership, you pay a reduced rent on the remaining share.