RS: 30 Cherry Drive

30 Cherry Drive, Pontefract, Wakefield, West Yorkshire, WF8 2FH

RS: 30 Cherry Drive

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A great chance to buy a spacious family home. This detached, recently-constructed house has a stylish kitchen at the front, a ground-floor cloakroom and, at the rear, a large reception/dining room. Double doors open onto a decked terrace, with lawn and farmer's field beyond. On the first floor of the property is a main bedroom with en-suite shower room, a good-sized second bedroom plus a smaller third bedroom and an attractive bathroom. Modern insultation standards, high performance glazing and gas central heating have resulted in a very good energy-efficiency rating. A driveway at the side of the house provides space for off-street parking and Cherry Drive is also within walking distance, or brief cycle ride, of the town centre and Pontefract's Monkhill and Baghill railway stations.

Features:

  • Guideline Minimum Deposit £10,500
  • Guideline Income Dual £21.2k | Single £25.9k
  • Two Storey, Detached House
  • Approx. 940 Sqft Gross Internal Area
  • High Performance Glazing
  • Gas Central Heating
  • Rear Garden
  • Driveway Parking

Tenure: Leasehold (125 years from 2019).
Minimum Share: 50% (£105,000).
Shared Ownership Rent: £251.04 per month (subject to annual review).
Combined Building Insurance/Admin Fee: £29.08 per month (subject to annual review).
Service Charge: £189 for the year (estimated and subject to annual review).
Guideline Minimum Income: Dual - £21,200 | Single - £25,900 (based on minimum share and 10% deposit).
Council Tax: Band D, Wakefield Council. Priority is given to applicants living and/or working in this local authority.

*Information is correct to the best of our knowledge, please speak to the estate agent for more information*

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. 

50% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£210,000.00 £105,000.00 £240.63

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