ALDER DRIVE, Chilton, Ferryhill, DL17

This brand new 2 bedroom property is situated at Windlestone point, Chilton, Ferryhill. On the groundfloor the property features a brand new fully-fitted kitchen, living room and donstairs toilet. Upstairs features 2 bedrooms and a family bathroom.

The property boasts its own rear garden, solar panels, EV charging and its own driveway.

Location:
The property is approx four miles from the A1(M). Situated between Durham and Darlington, both cities are easily accessible within a 20-minute drive. Local bus services connect residents to neighbouring towns like Newton Aycliffe, Bishop Auckland, Ferryhill, and Spennymoor, making it ideal for commuters.

Discount Market Sale:

Discount Sale is where the buyer purchases 100% of the property including the freehold but at a % discount to Market Value. This % is dictated by the Local Authority. There is a restriction on the title of the property that if the purchaser was to sell on their property in the future then they would need to get it valued at the point of sale then sell it on at the same % discount for which they purchased it. This applies to all future buyers to ensure the property is affordable in perpetuity.

Key features of Discount Sale
* The price quoted is the purchase price you will have to pay.
* You own your home (including the freehold) from Day One.
* There are no further payments to make to Hellens Residential.
* When / If you sell your home in the future you must sell it on at the same discount to market value at which you purchased it. The market value is taken at the time of the future sale.

Eligibility
* You must have a household income of less than £80,000 per annum.
* Have a deposit for the property.
* Be in employment and qualify for a mortgage.
* Be aged over 18 and have a bank, Post Office or building society account.
* Have savings or equity of less than £150,000 after you have purchased the home.