keaze logo

Brook Rise

Shared ownership

Thornhill Rd, Sturminster Newton, DT10 2PR

For salenew home
Shared ownership
Photo of Brook Rise
Live from space album cover
  • from

    £98,000

    2 bedroom

  • from

    £130,000

    3 bedroom

from

£98,000

with min. deposit

£4,900

Sovereign

£98,000

2 bedroom semi-detached house

£98,000

2 bedroom semi-detached house

£130,000

3 bedroom semi-detached house

£130,000

3 bedroom semi-detached house

Availability

For sale

For sale

For sale

For sale

Minimum share

40%

40%

40%

40%

Full market price

£245,000

£245,000

£325,000

£325,000

Deposit from

£4,900

£4,900

£6,500

£6,500

Monthly rent

£306

£306

£406

£406

Monthly service charge

£28.25

£28.25

£28.25

£28.25

Reservation fee

£250

£250

£250

£250

Bedrooms

2

2

3

3

Bathrooms

1

1

1

1

Reception rooms

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

Number of floors

1

1

1

1

Entrance floor

Ground floor

Ground floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

leasehold

leasehold

Property features

Back GardenPets allowed
Back GardenPets allowed
Back GardenPets allowed
Back GardenPets allowed

Overview

APPLICATIONS ARE NOW OPEN for a new phase of 2 & 3 bedroom homes at Brook Rise in Stalbridge, scheduled for completion in early 2022.

Each property is thoughtfully designed and will benefit from a modern fitted kitchen with built-in oven, hob and extractor, downstairs cloakroom, a stylish bathroom suite, private garden and parking.

This development is set within the Blackmore Vale in Stalbridge, Dorset close to the border with Somerset and surrounded by countryside. One of Dorset's smallest towns, Stalbridge offers a good selection of shops including an independent superstore, a Post Office and butcher.

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.

from

£98,000

with min. deposit

£4,900

Similar properties

Foxglove Meadows, Hutton
Shared ownership

Foxglove Meadows, Hutton

Coming soon

new home

Woodside Ave, Weston-super-Mare

2 - 3

1

Minimum deposit

£4,900

40% Share from

£98,000

Full price

£245,000

309 Kings Meadow
Shared ownership

309 Kings Meadow

new home

103 Damson Way, Alcester

2

1

Minimum deposit

£6,125

50% Share from

£122,500

Full price

£245,000

Grooms Paddock, Radcliffe on Trent
Shared ownership

Grooms Paddock, Radcliffe on Trent

Coming soon

new home

Bemrose Drive, Radcliffe on Trent

3

1

Minimum deposit

£4,900

40% Share from

£98,000

Full price

£245,000