Holly Bank

HOLLY BANK, WHITEHAVEN, CA28 6SA

Holly Bank

3

1

Available Now

  • *£82,500 for a 50% share under the shared ownership scheme*
  • Only £4,125 for a 5% deposit!
  • Viewing is highly recommended
  • Excellent starter home
  • Private rear garden
  • Driveway for two cars
  • Easy access to the A66 and the Lake District
  • You can purchase more shares up to 100% when the time is right for you

Specification

***Please quote HOL153 when enquiring***

- What the owner says -

“Quiet residential area with views to the Isle of Man and southern Scotland. Modern, well maintained home with spacious rooms. Mature garden with a large variety of plants and three patio areas.”

 

- Full description –

Could this be the new home you’ve been waiting for? A 3-bed semi-detached in the popular Highlands Estate, only a stone’s throw from Whitehaven harbour, offering sea views and an abundance of convenience on your doorstep. Enjoy summer evenings in your established garden or take a weekend wander along the beach. Can you afford to miss out?

 

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 £4,125 for a 50% share!

 

- Three-bed semi-detached house.

- Entrance hallway with a downstairs WC (1.65m x 0.8m).

- Living room (4.9m x 3.67m) has understairs storage.

- Kitchen (2.7m x 4.86m) with high-gloss units, under-cabinet lighting, integrated electric hob, cooker, extractor and dishwasher. French doors provide access into the private rear garden.

- Master bedroom (3.23m x 2.63m) benefits from sea views.

- Second (4.54m x 2.56m) and third bedrooms (2.77m x 2.03m).

- Family bathroom (1.67m x 1.96m) with an overbath shower.

- Gas central heating.

- Open plan front garden and private rear garden.

- Driveway providing parking for two cars.

 

- Costs –

PRICE - £82,500*

RENT - £246.38pm

SERVICE CHARGE - £19.83pm**

*This represents a 50% share of the full open market value of £165,000

**This includes: management charge and building insurance. Rent and service charges are reviewed annually.

 

- General Information -

Tenure: Leasehold

Lease: 125 years from 1st August 1997

Years remaining on lease: 100 approx.

Approximate internal area: 73 sq. m.

Local authority: Copeland Borough Council

Council tax band: B

EPC rating: D (65)

 

- Terms, conditions and requirements -

 

Minimum household income requirement: £23,690^

 

Deposit: If you will be obtaining a mortgage you will need at least £4,125 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/apply/. 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 -

 

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.

 

50% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£82,500.00 £41,250.00 £94.53