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NEW HOME

Jubilee Gardens, PR7 6RL

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 2 double bedrooms and a good sized single
  • Contemporary kitchen with integrated oven & hob
  • Spacious lounge diner with French doors to the rear garden
  • Private, turfed rear garden
  • Downstairs cloakroom
  • Floor coverings to kitchen, bathroom and cloaks
  • Driveway parking for two cars
  • Secure with a refundable deposit of £350
  • Shares available from 40% to 75% dependent on affordability
  • Full ownership available in the future

Description

Progress Housing are delighted to bring to the market two 3 bed semi-detached homes available on a shared ownership basis, on the fantastic and ever popular Jubilee Gardens development by Rowland Homes in Euxton.

Get on or stay on the housing ladder with a 5% deposit based on a 40% share.

 ** Please note - a lower % share may be available and will be discussed during the affordability assessment.

Ideally located for town, country and a wide range of local amenities, Jubilee Gardens offers two 3 bedroom semi-detached plots on a shared ownership basis, presenting the perfect layout in a beautiful surrounding.

The M6 and M61 are easily accessible and only a short drive away, making commuting straight forward. There is a rail station only 5 minutes away which offers regular services to Manchester while mainline services to London and Birmingham are available from Preston.

** A local connection to Chorley Borough Council is an eligibility requirement for this development - please contact us for further information**

Shared Ownership - How It Works And How You Start The Application Process

Shared Ownership allows you to buy a share in a new home, ranging from 40%* to 75%, depending on what you can afford (*please note, buyers are required to purchase the optimum % share that is affordable for them).  Progress Housing will own the remaining share, and you pay a reduced rent on that share. This means that you will need a smaller deposit and mortgage than if you bought a property outright. Generally, you are able to buy a bigger property than you may otherwise be able to afford.

You can buy more shares as and when you can afford them - this is called staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all. Your monthly payments could be less than renting privately.

The current service charge is approx. £33.00pcm and is payable for maintenance of any common areas and to cover buildings insurance.

As a home owner, and in accordance with the terms of your lease, you will be responsible for the maintenance and repairs on your home. However, as it is a new build your property comes with a 10 year NHBC guarantee and many of the appliances will have a 2 year manufacturer's guarantee giving you peace of mind.

Progress Housing will refer your for an initial affordability assessment and can provide details of Independent Financial Advisors who can assist with obtaining a mortgage.  Detailed below is an indication of the price of various shares and the rent payable on the unpurchased equity.

Price & Rent Calculator - 3 bed semi-detached with an open market value of £240,000:

40% share price £96,000 and rent of £330pcm

50% share price £120,000, and rent of £275pcm

60% share price of £144,000, and rent of £220pcm

75% share price of £180,000, and rent of £137.50pcm

Ideally located for town, country and a wide range of local amenities, Jubilee Gardens offers two 3 bedroom semi-detached plots on a shared ownership basis, presenting the perfect layout in a beautiful surrounding.

The M6 and M61 are easily accessible and only a short drive away, making commuting straight forward. There is a rail station only 5 minutes away which offers regular services to Manchester while mainline services to London and Birmingham are available from Preston.

** Please note, a local connection to Chorley Borough Council is an eligibility requirement for this development -  contact us for further information **

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway,Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden,Enclosed garden,Rear garden,Back garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
No wheelchair access

Energy performance certificate - ask agent

Jubilee Gardens, PR7 6RL

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About KEAZE LIMITED, London

2nd Floor Balfour House 46-54 Great Titchfield Street London W1W 7QA
Industry affiliations:

Delivered by a team with years of experience selling, letting and marketing new homes, with specialist Shared Ownership knowledge, Keaze provides you with a fuss-free and affordable way to buy, sell and rent.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£438
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference KS-24939-3-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by KEAZE LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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