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3 bedroom end of terrace house for sale

61 Kingsgate Road, Chellaston, DE73

Sold STC £142,500

Property Description

Key features

  • New Home
  • Shared Ownership
  • Three Bedrooms
  • Lounge
  • Kitchen/Diner
  • Enclosed Turfed Garden
  • Two Parking Spaces

Full description

Tenure: Leasehold

The Property
**OPEN DAY 22nd JULY 1400-1600HRS - BY APPOINTMENT ONLY**

Asking price represents 75% of full market value.

A fantastic opportunity for a first time buyer to get onto the property ladder. These shared ownership NEW HOMES are situated in a sought after location on the outskirts of Chellaston and offering great commuting links via the A50.


Shared Ownership
Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.

RENT AND OTHER COSTS

Full Market Valuation: £190,000

75% share (£142,500) Rent £108.85 pcm

50% share (£95,000) Rent £217.70 pcm

25% share (£47,500) Rent £326.56 pcm

Plus, you will pay a service charge of £TBC pcm

You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

Interested parties are advised to have confirmation of these figures prior to agreeing a sale.


Tech Specification
Lounge:

Kitchen/Diner:

Downstairs WC

Bedroom One:

Bedroom Two:

Bedroom Three:

Bathroom:

General Information
The photos provided on this brochure are of the same house type but not of the property for sale. Therefore fixtures and fittings, kitchens and bathrooms may appear slightly different from the advert.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
09 July 2018

Floorplans

Map & Street View

Disclaimer - Property reference 534419-1. 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 Purplebricks, covering Central England. 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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