TENURE: To be advised
Plot 879 is an attractive three bedroom semi detached new home on offer with the popular Shared Ownership scheme.
2 parking spaces
Contemporary living over 3 floors
Turfed rear garden
Flooring throughout
En-suite in Master bedroom
Make The Leys at Willow Park your home with Shared Ownership from Sage Housing. This home is available to purchase from a 75% share, of the full market value of 345,000, at 258,750 with a deposit of 12,937.50.
The Leys at Willow Park is a popular development catering for all but a firm favourite especially amongst growing families. Known and admired locally as a welcoming community within Newton Leys. The development boasts a variety of amenities as well as views across Willow Lake and is well positioned to offer stress free commuting to Milton Keynes and its surrounding areas. For those wishing to travel into London the development is located just 9 miles from the M1 and 15min from Milton Keynes train station, with both offering excellent links into the capital.
Newton Leys is ideally situated close by to Milton Keynes with its array of dining options, family -entertainment, bars and shops. Whilst bordered by affluent villages Stoke Hammond and Newton Longville which offer more of a country setting with picturesque Buckinghamshire countryside walks and quaint shops to visit. Locally there is also a range of good performing schools to choose from.
Built to a well thought out design that utilises the space and light provided to create an abundance of comfort and style. This semi detached attractive 3 bedroom home provide a comfortable and stylish living space across three floors. Upon entry you are greeted by a hallway leading to the lounge following onto a smart modern kitchen. The first floor is made up of bedrooms two and three as well as the family bathroom. Finally the upper floor is dedicated to the master bedroom that includes an en-suite. Externally the property is complemented by a turfed rear garden and parking.
Financial Breakdown:
Full market value: 345,000
75% share value: 258,750
5% deposit: 12,937.50
Rent charged on un-owned share: 2.75%
Rent on un-owned share (25%): 197.66
Estimated monthly service charge : TBC
What is Shared Ownership?
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than youd expect to pay if you bought a similar property outright.
At The Leys at Willow Park, you can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When youre ready, you can buy more shares until you staircase to owning 100% of your home.
Taylors Estate Agents are selling the homes on The Leys at Willow Park on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit www.sagehousing.co.uk.
