Hawks Drive, Skipton

Full description

Solo Homes in partnership with Progress Housing are delighted to bring to the market this beautiful 2 bedroom end terrace house on the exclusive Hawks View development by Wooler Homes.  Nestled in the sought after rural village of Embsay just outside Skipton, this lovely 2 bedroom home on this very desirable development is available to purchase from 40% on a shared ownership basis.

The peaceful, charming village of Embsay boasts a bustling local community, with excellent options for both primary and secondary schooling and a range of other everyday amenities including two traditional ‘local' pubs, a lively village hall, a well-used general store/post office and a wonderful heritage steam railway line connecting the village to Bolton Abbey.

Please note: a local connection to Embsay is an eligibility requirement for shared ownership properties on this development.

Please contact us at salesenquiry@progressgroup.org.ukfor further information.

Key features:

Beautiful kitchen with some integrated appliances

Spacious lounge with French doors to rear garden 

2 spacious double bedrooms

Contemporary family bathroom

Ground floor WC

Floor coverings to kitchen, bathroom and cloaks

2 car parking spaces

Turfed and fenced rear garden

Secure with a refundable deposit of £350

Shares available from 40% to 75% dependent on affordability

Full ownership available in the future

Get on or stay on the housing ladder with a 5% deposit from as little as £5000 based on a 40% share of this lovely 2 bed end terraced home.

Shared Ownership - How it works and how you start the application process

Shared Ownership allows you to buy a share in a new home, ranging from 40% to 75%, depending on what you can afford. Progress Housing will own the remaining share and you pay a reduced rent on that share. This means that you will need a smaller deposit and mortgage than if you bought a property outright. Generally, you are able to buy a bigger property than you may otherwise be able to afford.

You can buy more shares as and when you can afford them - this is called staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all. Your monthly payments could be less than renting privately.

The current service charge is approx. £31pcm and is payable for maintenance of any common areas and to cover buildings insurance.

As a homeowner, you will be responsible for the maintenance and repairs on your home. However, as it is a new build your property comes with a 10 year NHBC

guarantee and many of the appliances will have a 2 year manufacturer's guarantee giving you peace of mind.

Progress Housing will undertake an initial affordability assessment with you and can provide details of Independent Financial Advisors who can assist with

obtaining a mortgage.

Detailed below is an indication of the price of various shares and the rent payable on the unpurchased equity:

Price & Rent Calculator - plot 35 - 2 bedroom end terrace house with an open market value of £250,000:

40% share price £100,000 and rent of £343.75pcm

45% share price £112,500 and rent of £315.10pcm

50% share price £125,000 and rent of £286.46pcm

60% share price £150,000 and rent of £229.17pcm

75% share price £187,500 and rent of £143.23pcm

View floorplan

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