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40 Burton Avenue

Shared ownership

40 Burton Avenue, Leigh, TN11 9FB

For sale
Shared ownership
Photo of 40 Burton Avenue
Live from space album cover

from

£217,000

with min. deposit

£21,700

35% Share from
£217,000
Full market price
£620,000
Minimum deposit
£21,700
Monthly rent
£923
Monthly service charge
£87.79

3 bedroom detached house

A three-bedroom, double-fronted, end-of-terrace house with a rear garden and two allocated off-street parking spaces. Located with a modern development in the east of the village of Leigh. Easy access to the town centre, transport links & school. It's a two-storey end-of-terrace house with a pitched roof. Constructed within the past seven years and has UPVC double-glazed windows. Gas-fired central heating throughout.

 Accommodation comprises of hall, cloakroom/WC, reception room, kitchen with dining area, first floor landing, three bedrooms with en-suite shower room/WC, bathroom/WC.

 Parking: Two allocated off-street parking spaces

Features

Bedrooms3
Bathrooms2
Reception rooms2
Floor area96.2
Number of floors2
Entrance floorGround floor
Tenureleasehold
EER Current97
EER Potential97

from

£217,000

with min. deposit

£21,700

35% Share from
£217,000
Full market price
£620,000
Minimum deposit
£21,700
Monthly rent
£923
Monthly service charge
£87.79
Southern Housing

Southern Housing

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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