Samuel White Close, B78

RE-SALE PROPERTY

3 bedroomed terraced house available for Shared Ownership in Middleton, Tamworth B78.

Location

Middleton - a peaceful village in North Warwickshire, offers a serene lifestyle with easy access to Sutton Coldfield, Tamworth, and the M42 for commuting convenience. Nearby, indulge in leisurely pursuits at The Belfry Golf Resort and Spa, Drayton Manor park & Zoo or explore The Fig & Olive Garden Centre & highly acclaimed restaurant. Local amenities include a village shop, an array of boutiques at Middleton Hall, The Green Man pub, John the Baptist historic church, and The Old School House nursery school. Middleton has the perfect blend of countryside serenity and modern convenience.
.
The Property

This property briefly comprises of an Entrance Hallway, downstairs WC, Kitchen/Dining Room with and a modern fitted kitchen and Lounge. To the first floor, there are three bedrooms and a family bathroom. Additional benefits include allocated parking for one vehicle and an enclosed rear garden.


Why Choose Shared Ownership?

Shared Ownership is ideal if you're unable to buy a home on the open market - it provides the opportunity to buy a share in a property on a part buy/part rent basis, meaning you pay rent on the part you don't own.

Over time, you can then buy more shares in the property via a process known as staircasing. This can be done at any time, meaning you have complete flexibility over your own home ownership.

With Shared Ownership, deposit amounts are typically lower than purchasing a property on the open market and the combined cost of mortgage payments - plus rent - is often cheaper than privately renting in the area.

To take advantage of the Shared Ownership scheme, the following criteria must be met:

You must have a maximum annual household income of £80,000.

One of the following statements must also be true:

You're a first-time buyer
You used to own a home but can't afford to buy now
You're forming a new household - typically after a relationship breakdown
You're already part of the Shared Ownership scheme but want to move*
You own a home and want to move but can't afford the new home that meets your needs*

*if you already own a home, in order to apply for Shared Ownership, you must be Sold Subject to Contract

Homes at this development can be purchased between 25% - 75% of the property's full market value. You are able to buy more of your home through the Staircasing process, please contact us to discuss your options.

*Please note, there will be a local connection requirement to apply for this property. Please enquire for more details .