Althorp Gardens, Wellingborough, NN9

The Property
An excellent opportunity for a first time buyer to purchase, on a shared ownership basis, this well presented two bedroom detached home conveniently located on this popular modern development with good access to shops and amenities.

The accommodation in brief comprises; entrance door to an entrance hallway with a useful downstairs WC, lounge/dining room and a modern kitchen. On the first floor there are two double bedrooms and the main bathroom. To the outside the property offers an enclosed rear garden with patio and to the front, the property is recessed from the road with front and side garden areas and off-road parking.

The property is well presented throughout and please "View Brochure" to request your viewing appointment.

Shared Ownership
The property is offered on a shared ownership basis with Amplius housing and is only available for first time buyers.

A RICS Open Market Valuation Report undertaken on 26/03/2025 of £250000 was confirmed for 100% share. The property is currently being offered with a 50% share at £125,000.

Lease granted on 23/09/2016 for a term of 99 Years.

The new owner will be liable to pay a rent to Amplius for the remaining 50% in our ownership. The current amount is £304.96 plus building insurance of £5.38.

A monthly service charge of £22.00 is also payable and management charge of £25.95.

Rent and service charge payments are collected by monthly direct debit and are reviewed annually each April in line with the terms of the Lease.

Ministry of Defence personnel will be prioritised for Shared Ownership.

All applicants are also subject to acceptance by Amplius.



Property ownership information

Tenure: Shared ownership

Percentage share owned: 50%

Additional monthly rent: £310.34

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 22/09/2115

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.