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70 Clickers Drive

Shared ownership

Clickers Drive, Northampton, NN5 4ED

For sale
Shared ownership
Photo of 70 Clickers Drive
Live from space album cover

from

£80,000

with min. deposit

£4,000

50% Share from
£80,000
Full market price
£160,000
Minimum deposit
£4,000
Monthly rent
£263
Monthly service charge
£98.27
Reservation free
£250

2 bedroom flat

Full Market Value: £160,000

Share available from 50% at £80,000

Rent: £263.46 pcm

Service Charges: £98.27 pcm

Lease term : 133 years

Location: The Upton area has retail shops, schools, children play area and Upton Country Park. The property is situated within walking distance from Sixfields Leisure Area which provides Cinema, Restaurants, Fitness Centre, Sainsburys Supermarket and other Retail Outlets. With good public transport links, Motorway access to M1 and situated 3 miles from Northampton town centre and 4 miles from Northampton train station.

To book a viewing please contact: resales@optivo.org.uk

Closing date for applications: 16th April …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£80,000

with min. deposit

£4,000

50% Share from
£80,000
Full market price
£160,000
Minimum deposit
£4,000
Monthly rent
£263
Monthly service charge
£98.27
Reservation free
£250
Optivo (Resales)

Optivo (Resales)

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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