+++40% SHARED OWNERSHIP OPPORTUNITY - This SPACIOUS, THREE STOREY FAMILY HOME constructed in 2023 is located on a prominent and appealing CORNER PLOT POSITION towards the South Side of Scarborough. The property features IMMACULATELY PRESENTED LIVING ACCOMMODATION with FEATURE KITCHEN/DINING ROOM, FOUR BEDROOMS with EN-SUITE SHOWER ROOM to the master and GENEROUS, LANDSCAPED GARDENS.+++
Briefly comprising of an entrance hall, downstairs WC, integrated kitchen/diner and a lounge with understairs cupboard. The first floor offers two bedrooms and a family bathroom. The second floor offers two further bedrooms, the master benefitting from an en-suite. To the front of the property is a lawned garden and a drive. The enclosed rear garden is laid mainly with lawn and has a gated side access.
Situated in the new estate developed by Capella and well placed for a wealth of local amenities including local shops, supermarket, Eastfield's medical centre, junior school, George Pindar secondary school and a regular bus service to Scarborough town centre.
Contact Liam Darrell Estate Agents for further information.
Additional Information:
We have been advised that the Vendor(s) own 40% of this property on a shared ownership basis. We have been advised that there is potential to purchase further shares within the property after completion. The current rent payable on the remaining 60% is believed to be £364.27 per calendar month, subject to review. Please note: every interested buyer must be assessed for affordability, eligibility and credit worthiness with the shared ownership company.
Shared ownership is a scheme that helps people get onto the property ladder who might have previously thought buying a new home was out of reach. Through shared ownership, you can buy a share in the property with a mortgage or lump sum and pay an affordable rent of the remaining share that you don't own. You can increase your share up to 100% at any time or buy in increments until you own the property outright.
You will be able to make any alterations and improvements to your home, as well as selling it if you want to move. To access shared ownership you will need to meet a minimum set of qualification criteria:
• you do not currently own or part own a property and have a household income of less than £80,000 a year
• you are a first time buyers or previous homeowners wishing to return to the housing market.