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Plot 207, Grace Avenue, Glenvale Park, Wellingborough, Wellingborough, Northamptonshire, NN8 6DD

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 3 Bedrooms
  • Allocated Parking - Two Spaces
  • Fitted kitchen with built in oven, hob and extractor
  • Vinyl flooring to kitchen, cloakroom and bathroom
  • Turfed rear garden

Description

A fantastic opportunity to buy a new three bedroom semi-detached house on the Glenvale Park development just to the north of the market town of Wellingborough. This home is available through the shared ownership scheme with the benefit of a lower deposit. Price shown is for a 40% share.

This home is due to be build complete in June 2024.

In brief the accommodation comprises hallway giving access to a living room with double doors to rear garden, a kitchen with integrated oven, hob and extractor hood and downstairs cloakroom. Upstairs you will find three bedrooms, a family bathroom and storage cupboards to bedroom 1, bedroom 3 and the landing. The rear garden will be laid to turf and comes with a shed. At the front are two allocated parking spaces.

Shared Ownership

Shared ownership provides an affordable way for you to become a homeowner, by buying a share in a new home and paying a subsidised rent on the remaining share. You can then purchase further shares in your home, up to 100%, which we call "staircasing". As further shares are purchased the rent reduces accordingly.

The rent payable based on a 40% share would be £378.13 pm (based on a Full Market Value of £275,000). Plus, you will pay an estimated service charge of £32.90 pm.

You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

Location

As one of the county?s oldest recorded towns Wellingborough is listed in the Domesday Book, and today offers a relaxed, market-town atmosphere surrounded by beautiful open countryside.

The town is home to a variety of pubs, bars and restaurants as well as shops with everyday shopping needs are catered for by a local Tesco Express; Wellingborough also has several edge-of-town superstores including Sainsbury?s, Morrisons and Tesco.

Wellingborough is surrounded by glorious open countryside including several popular country parks. Nearby Sywell Country Park has a 67-acre lake popular with anglers and is ideal for wild water swimming. Slightly further afield is Stanwick Lakes, a 750-acre nature reserve with more than seven miles of walks, cycle tracks, a heritage trail and picnic areas.

The town also boasts a 100 per cent Ofsted rating of either ?Good? or ?Outstanding? for all of its secondary schools. Schools close to the development include Redwell Primary School, an Academy for ages 4 to 11 years rated ?Good? by Ofsted. Nearby Sir Christopher Hatton Academy for pupils aged 11 to 18 years boasts an ?Outstanding? Ofsted rating.

Glenvale Park is well placed for travel, being conveniently located for the A6 and A45. Neighbouring towns such as Kettering and Northampton are easily accessible by car as are both the A1(M) and the M1 motorways. Luton Airport is 45 miles away via the A508 and the M1. Direct services of 55 minutes travelling time run into London St Pancras International from Wellingborough station; cities to the north including Leicester and Nottingham are 38 minutes and 60 minutes away respectively.

This is a mixed tenure development consisting of market sale, shared ownership and rental properties.

These homes are advertised on behalf of the Stonewater and your enquiry will be passed to a financial advisor to assess your eligibility for the shared ownership product.

Images show a previous plot on the development and specification is subject to change.

Council Tax Band yet to be determined.

Brochures

Brochure 1

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

125 years left

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Plot 207, Grace Avenue, Glenvale Park, Wellingborough, Wellingborough, Northamptonshire, NN8 6DD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wellingborough Station2.2 miles
  • Kettering Station5.0 miles
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About the agent

The Shared Ownership Shop, Horton

The Granary, Station Farm, Denton Road, Horton, NN7 2BG

The Shared Ownership Shop, Horton

The Shared Ownership Shop

We are a specialist agency selling only shared ownership homes in a variety of locations and for a number of different housing associations. Our focus on shared ownership means our team is very experienced in the product and can give you sound advice about availability and eligibility for this affordable housing product.

t: 0330 113 3701

e: contactus@sharedownership-shop.co.uk

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Disclaimer - Property reference TSOS001159. The information displayed about this property 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 The Shared Ownership Shop, Horton. 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.

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