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17 Sapphire Road

Shared ownership

17 Sapphire Road, SN25 2SW

For sale
Shared ownership
Photo of 17 Sapphire Road
Live from space album cover

from

£106,800

with min. deposit

£5,340

40% Share from
£106,800
Full market price
£267,000
Minimum deposit
£5,340
Monthly rent
£324
Monthly service charge
£0

2 bedroom end of terrace house

ABOUT THE HOME

As you enter this end-of-terrace home, you will be greeted by a stylish entrance hall that features vinyl flooring, 2 built-in storage cupboards, a telephone point, stairs leading to the first floor, and a convenient downstairs W.C.

The kitchen is situated at the front of the property and features linoleum flooring. It includes contemporary white gloss base and wall units with a wooden worktop. Additionally, the kitchen has built-in appliances, including an electric oven, gas hob, and extractor fan. There are also spaces available for a refrigerator/freezer and washer/dryer. Furthermore, a window above the stainless steel sink …

Features

Allocated parking

Private Garden

Bedrooms2
Bathrooms1
Reception rooms0
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years121
Key Information Document

from

£106,800

with min. deposit

£5,340

40% Share from
£106,800
Full market price
£267,000
Minimum deposit
£5,340
Monthly rent
£324
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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