Clark Drive, Yate, Bristol, BS37 Property for sale

SHARED OWNERSHIP

Three bedroom house available to purchase from a 40% share from £140,000 with a minimum 5% mortgage deposit of £7000. Call today to arrange your appointment to view.

Upon entering the property, you are welcomed by a bright and inviting lounge, offering an open plan flow, ideal for both family living and entertaining. To the rear, the kitchen area is thoughtfully designed with modern units, good workspace, and efficient appliances. Upstairs, the property features three well sized bedrooms, each offering flexibility for family use, guest rooms, or home office space. The family bathroom is fitted with modern fixtures, complementing the home’s contemporary style. Externally, the property benefits from off street parking to the front and a private rear garden.

Clark Drive is located within the Ladden Garden development situated in in North Yate. Sainsburys local and Yate Shopping Centre being just a short drive away and home to a variety of shops, restaurants and supermarkets. There are plenty of bus routes leading out of Ladden Garden allowing for commute all over Bristol, as well as Yate Train Station taking you to Parkway and Temple Meads.

Example:

Full Market Value: £350,000

40% Share Price: £140,000

Rent on un-owned share £201.61 PCM

Estimated estate charge £0 PCM

Service charge: £19.83 PCM

Buildings insurance: £8.25 PCM

Total monthly payment excluding rent £28.08

THERE IS A LOCAL AREA RESTRICTION AS TO WHO CAN BUY THIS PROPERTY, PLEASE CONTACT US TO DISCUSS.

You may purchase a higher share should you qualify to.

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront 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 you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.