Moonbeam Street, Clay Cross, Chesterfield

Shared Ownership - At Citra we believe that everyone should be able to have a home they can enjoy and be proud of.

Pathways by Citra is a flexible route to home ownership. We offer homes for rent, with tenancy agreements up to 3 years and at any time after the first 3 months of renting your home we offer you the opportunity to start buying your home through our Shared Ownership scheme.

As this is a flexible option you do not have to buy your home. You can chose to rent for as long as you wish, but if you decide you would like to start buying we are here to help get you on the ladder.

Welcome to The Stratton, a three storey, three double bedroom, beautiful modern build. The property has such a huge sense of space, perfect for family living. To the downstairs you'll find a lounge with feature bay to the front, downstairs Wc, kitchen including integrated appliances: fridge/freezer, dishwasher and washing machine. There are patio doors from the kitchen to the rear sizable enclosed garden.

To the first floor you will find two double bedrooms, a family bathroom and a vestibule area perfect for an office or dressing space, leading to the master bedroom on the third floor.

LOCAL AREA

Embrace a lifestyle with endless possibility at Kenning Brook, with shopping, leisure facilities and an abundance of green spaces, residents can live life to the fullest. As well as a variety of local facilities, Sheffield, Mansfield and Nottingham are all within easy reach. Just 4 miles from the M1 or 6 miles from Chesterfield Rail Station, getting around is easy.

Pathways by Citra is a rent to buy shared ownership scheme.

PRICING & AFFORDABILITY

Approximate Size 1,061 sq ft

Monthly Rent: £1,113pcm

THIS IS AN EXAMPLE BREAKDOWN OF PURCHASE OPTIONS^^^

Full Market Value: £235,000

25% Share Price: £55,250 (rent £552.50pcm)
50% Share Price: £110,500 (rent £368.33pcm)
75% Share Price: £165,750 (rent £184.17pcm)

Minimum Mortgage Deposit: £2,763 (25% share)

Estimated Service Charges: £56.44pcm
Shared Ownership Lease: 989 years
Council Tax Band: B

WHAT IS PATHWAYS BY CITRA?

We understand how important it is to feel secure in your home and to feel part of a community. We also realise it can be difficult to get your foot onto the property ladder. We want to help you own your own home. Once you have found a Citra home that you love and we have completed all of the necessary checks, you are ready to move in. If you want to buy your home, you can start the shared ownership process at any time after the three months of your agreement, using just a 5% deposit^. You will purchase an initial share between 25% and 75% of the property using a deposit and mortgage. You can then increase that share until you own it all**.

ELIGIBILITY

To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.

* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.

** Buying fees will occur. Purchasers will be required to pay 5 weeks rental payment to secure the home.

^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.

^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.

^^^Purchase price may change from the advertised price at point of rental agreement.

*** These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Citra’s privacy notice can be viewed on their website