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Beards Wood Drive

Shared ownership

Beards Wood Drive, Breadsall, Derby, DE21 4TW

Sale under offer
Shared ownership
Photo of Beards Wood Drive
Live from space album cover

from

£97,500

with min. deposit

£9,750

50% Share from
£97,500
Full market price
£195,000
Minimum deposit
£9,750
Monthly rent
£261
Monthly service charge
£48.7

2 bedroom semi-detached house

An immaculate and spacious, modern two bedroom family home located within the Durose Country Park development and was built by Redrow Homes in 2021.

This lovely home features a lovely, fitted kitchen including some  with French doors opening to a great sized garden, a master bedroom with en-suite and also takes full advantage of some panoramic views over open fields to the rear. Benefiting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Entrance Hall; Cloakroom, W.C; Spacious lounge; open plan modern fitted dining kitchen; Two good sized first floor bedrooms, a fitted family bathroom, with plenty of …

Features

Allocated parking

Driveway

Back Garden

Front Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area64
Number of floors2
Entrance floorGround floor
Tenureleasehold
Lease years123
EER Current83
EER Potential83
EIR Current87
EIR Potential87

from

£97,500

with min. deposit

£9,750

50% Share from
£97,500
Full market price
£195,000
Minimum deposit
£9,750
Monthly rent
£261
Monthly service charge
£48.7
Complete Moves

Complete Moves

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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