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11 Foxlands Close

Shared ownership

Foxlands Close, Street, BA16 9AE

For sale
Shared ownership
Photo of 11 Foxlands Close
Live from space album cover

from

£116,000

with min. deposit

£5,800

40% Share from
£116,000
Full market price
£290,000
Minimum deposit
£5,800
Monthly rent
£387
Monthly service charge
£0

3 bedroom semi-detached house

ABOUT THE HOME

The entrance hallway of this modern home includes a convenient downstairs W/C and storage cupboard.

The kitchen is located to the left of the hallway, and boast laminate flooring and a range of white fitted wall and base units, as well as a stainless steel sink and drainer, gas hob, electric oven and extractor fan. There are also spaces for a fridge/freezer and washer/dryer.

Moving through to the living/dining room at the rear of the property, you will find a bright airy space with carpeted flooring. The room benefits from telephone, TV aerial and Sky/cable points, and provides you access to the rear garden via a patio door.

As …

Features

Allocated parking

Private Garden

Bedrooms3
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years123
Key Information Document

from

£116,000

with min. deposit

£5,800

40% Share from
£116,000
Full market price
£290,000
Minimum deposit
£5,800
Monthly rent
£387
Monthly service charge
£0
Aster

Aster

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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