***Please quote HAV429 when enquiring.***
- Introduction -
Always dreamt of owning your own home? Tired of renting with nothing to show for it? A 5% deposit is only £7,812 on this ideal 3-bed home. Just a stone’s throw from Roker beach and marina, could this be the forever home you’ve been waiting for?
Perfectly placed in a residential area in Roker, your new home offers an abundance of activities for your evenings and weekends. With easy access to Sunderland, take a shopping trip to Newcastle, a weekend wander on the beach or simply enjoy the sunshine from your own back garden! Situated in a quiet area, with no through traffic, overlooking the marina. Call us to find out more!
- What the owner says -
“Local cafes, restaurants and shops within walking distance. Located on a popular marina development with easy access to the beach. Very child friendly location with excellent schools. Easy access to road network but in a quiet location. Friendly and welcoming neighbourhood. The house has beautiful views of the river.”
- Full description –
Shared ownership is a government backed scheme that can be a stepping stone to completely owning your own home. If you’re finding it difficult to save for a deposit this is a great option as the amount you’ll need is based on the share you’re buying. At this property a 5% deposit is within reach - just £7,812 for a 62.5% share!
- 3 bed semi-detached house.
- Newly fitted doors to the front and rear and garage door.
- Living room (3.3m x 7.2m).
- Kitchen (2.6m x 3.6m).
- Master bedroom (3.5m x 2.8m) has an ensuite shower room.
- Second (3.0m x 2.8m) and third bedrooms (2.4m x 1.6m)
- Family bathroom.
- Gas central heating.
- Conservatory (2.5m x 2.4m) provides access to the private rear garden.
- Single garage with driveway for parking.
- Costs –
PRICE - £156,250*
RENT - £237.27pm
SERVICE CHARGE - £31.17 **
*This represents a 62.5% share of the full open market value of £250,000
**This includes building insurance, management charge and service charge. Rent and service charges are reviewed annually.
- General Information -
Lease: 125 years from 30 July 1997
Years remaining on lease: 101 approx.
Approximate internal area: 100 sq. m.
Local authority: Sunderland City Council
Council tax band: C
EPC rating: D (62)
- Terms, conditions and requirements -
Minimum household income requirement: £36,228^
Deposit: If you will be obtaining a mortgage you will need at least £7,812 in savings (i.e. a 5% deposit).
^If your deposit is more than 5%, the minimum income requirements may be less. Please contact us for further details.
Application process: A financial assessment must be completed before any physical viewing can take place. This forms part of Home Group’s buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written consent.
Help to Buy Agent: In order to apply you must be registered with Help to Buy North https://www.helptobuyagent1.org.uk/. You will need to provide your HTB reference when completing the application process.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can take place.
Virtual and physical viewings are held strictly by appointment - call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply please register your interest with the Resales Team.