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Wheatfields by Riverside Home Ownership

Ambridge Way, Seaton Delaval, NE25

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or call 0151 954 0096  Local call rate

Overview

A DEVELOPMENT OF 2, 3 & 4 BEDROOM HOMES AVAILABLE SUMMER 2017

Riverside Home Ownership has a selection of 2, 3 and 4 bedroom homes available for Shared Ownership at Wheatfields, a beautiful development with Miller Homes.

Shared Ownership homes are available to part-buy part-rent from as little as 25%, depending on your personal circumstances.

Just three miles from the magnificent Northumberland coastline, on the edge of the village of Seaton Delaval and a short walk from the finest stately home in the North East, Wheatfields is a beautifully landscaped neighbourhood of two, three, four and five bedroom homes in a semi-rural setting within easy commuting range of the whole of Tyneside. Flanked by mature trees and open farmland, Wheatfields combines fresh air and broad horizons with a remarkably convenient location.

The development is designed to be in keeping with the surrounding area, with our properties finished to a high standard, including:

– Quality fitted kitchens
– Brushed steel oven, hob and cooker hood
– Ceramic wall tiled bathroom with over-bath shower
– Fresh paint finishes throughout
– Economical gas central heating
– Off road parking

SMALLER MORTGAGE, SMALLER DEPOSIT
Buying an equity share means you get a foot on the ladder, but with a smaller deposit and smaller mortgage. Ideal for first time buyers, buying just a share means the deposit you need becomes less.

HOW DOES SHARED OWNERSHIP HELP?
Maybe you can’t get a full mortgage or afford to buy the whole thing. Or maybe you can’t afford to live in the area or quality of home you’d like? Because we’re a not-for-profit organisation, even plus the rent, you’ll pay less than with a traditional mortgage. Basically, it helps you get a mortgage, lower your monthly payments and get some equity in your home.

AM I ELIGIBLE?
Because we receive government funding, there are some limits on who we can offer our homes to. You’ll need to be unable to afford to buy the property outright, and be in an eligible group, such as a first time buyer or moving after a relationship breakdown. As a quick guide, you’ll also need:

— a household income under £80,000 a year
— enough savings to cover legal costs
— the monthly costs of the new home to be less than 45% of your monthly income after tax.
  1. Quality fitted kitchens
  2. Brushed steel oven, hob and cooker hood
  3. Ceramic wall tiled bathroom with over-bath shower
  4. Fresh paint finishes throughout

Location

Location

Ambridge Way, Seaton Delaval, NE25

Local Information

Nearest stations:

National Train Station logo Cramlington (2.5 miles)
Tram Station logo Shiremoor (3.2 miles)
National Train Station logo Northumberland Park Metro (3.2 miles)

Distances are straight line measurements from centre of postcode

About Developer

Riverside Home Ownership is the specialist leasehold division of The Riverside Group Limited, one of the leading Registered Providers of Social Housing in the UK.

The Riverside Group owns or manages over 50,000 properties nationwide. Riverside Home Ownership part owns and manages over 4,000 homes across the country, from houses and flats in residential suburbs, to city centre apartments and developments specifically for older people. As leasehold managers, we provide a host of services, from gardening to repairs to our owner occupier and shared owner leaseholders.

Helping people take their first step onto the property ladder is a vital part of our aim to transform people's lives and build strong, lasting communities.

Contact Us

Contact us about Wheatfields

Call us on 0151 954 0096 or fill in the contact form below.

Disclaimer: The information displayed about this development and property within it comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Riverside Home Ownership. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.