Alpine Court, Chester Le Street

* 50% SHARED OWNERSHIP SCHEME * 3 BED SEMI DETACHED * CUL DE SAC * GENEROUS GARDENS * IDEAL FOR FIRST TIME BUYERS OR FAMILIES * SPACIOUS THROUGHOUT *

An excellent opportunity to purchase a 50% share of this three bedroom semi-detached home, which benefits from particularly generous gardens to the rear and side. Offering an ideal route onto the property ladder, the home should appeal to a wide range of first time buyers and families. There is also the option to purchase the full 100% share with no rent payable (see agent's notes - eligibility criteria apply).

The ground floor accommodation includes an entrance hallway, cloakroom/WC, spacious lounge and a well-proportioned kitchen/dining room to the rear with a range of fitted units and glazed patio doors leading out to the garden. To the first floor there are three good sized bedrooms, including two doubles, along with a large built-in storage cupboard off the landing and a bathroom fitted with underfloor heating and white suite.

The property is warmed via a gas combination heating system and is fully double glazed. Externally there are gardens to both the rear and side. The rear includes raised border areas, while the side provides a large lawn with a patio seating section. Off-street parking is available via a driveway to the side.

Alpine Court is situated on a development in Chester-le-Street, within easy reach of the town centre where you will find a wide range of shops, supermarkets, cafés and restaurants. The area is well served for schooling at both primary and secondary level and benefits from good transport links, with Chester-le-Street Railway Station offering direct connections to Newcastle, Durham and beyond. The A1(M) is only a short drive, making it ideal for commuters. Riverside Park, with its walks, play areas and open green space, is also close by, providing an excellent outdoor space for families.

Please refer to the agent's notes for further details regarding the shared ownership scheme.

Hallway -

W.C -

Lounge -

Kitchen -

First Floor -

Bedroom -

Bedroom -

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External -

Agent's Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 16 Mbps, Superfast 80 Mbps, Ultrafast 10,000 Mbps
Mobile Signal/Coverage: Good
Tenure: Leasehold
Council Tax: Durham County Council, Band B - Approx. £1,984 p.a
Energy Rating: TBC

Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.

Shared Ownership Information – Alpine Court, Chester-le-Street

This property is offered on a leasehold basis with 74 years remaining. The rent payable is £215 per month. Please note, Karbon Homes does not allow purchasers to obtain a mortgage for more than 95% of the share being purchased.

The home has been independently valued at £130,000 for 100% ownership. A 50% share is therefore priced at £65,000, which cannot be sold for more or less than this figure.

Eligibility Criteria
To apply for a Shared Ownership property you must:
Be at least 18 years old
Have an annual household income of less than £80,000 (outside of London)
Not already own another home, or if you do, you must be in the process of selling it
Be unable to afford to buy a suitable home on the open market
Have savings and finances reviewed on a case-by-case basis

Please note that multiple applications may be received. Although you may be approved by New Homes Advisors, the final decision rests with Karbon Homes.

The Application Process
There are two simple steps:
Step 1 – Financial Assessment
Contact Karbon’s partner, NHMH (The New Homes Group), who will carry out a financial assessment on behalf of Karbon Homes. This applies even if you do not require a mortgage. The assessment is done by telephone and you will need to provide the full property value, the share price, and the percentage being purchased (e.g. 50%).

Telephone: - Please request your reference number and the advisor’s name once assessed.

Step 2 – Application Form
Complete the application form and return it by email to: kate.
Once both steps are complete and if there are no competing applications, Karbon will request a Memorandum of Sale from the estate agent. Where there are multiple applications, priority may be given to MOD employees or on a first-come, first-served basis.

Important Notes
Purchasers must be buying the property as their only home.
You cannot purchase the property to sub-let (this includes parents buying on behalf of children).
Homeowners wishing to use the scheme must have a proceedable sale in place on their existing property.
Some apartment schemes may restrict pets – please check with Karbon Homes.
Additional charges apply, including service charge, rent, administration fees, and buildings insurance.

For further queries, please contact: Kate Gunusen – Statutory and Leasehold Disposal Officer - Telephone: