3 bedroom semi detached property for sale

Lime Close, Clitheroe

Shared ownership£92,250

Bedrooms
3 bedrooms
Bathrooms
2 bathrooms
 

Description

Key features

Full description

Tenure
Leasehold

Unexpectedly back on the market and ready to move into 3 bed semi-detached homes built by developer Oakmere Homes. The property is on their Bowland Meadow development and is available on a part buy part rent basis for those living or working locally.  The properties are finished to an excellent standard and provide gardens and off street parking in a great location.

Features

-  Established residential area
-  Semi rural location but with excellent transport links.
-  Clitheroe train station within 15 minute walk  
-  Lounge
-  Dining kitchen with contemporary units and patio doors to  the rear garden
-  2 double bedrooms and a further single
-  2 parking spaces 
-  10 year NHBC Guarantee

Bowland Meadows enjoys a semi-rural location on the edge of the vibrant market town of Clitheroe.The town centre of Clitheroe which is 15 minutes walk away provides a great selection of supermarkets, independent shops, trendy café’s and bars.The train station in Clitheroe has a regular service which will see you in Manchester within an hour. Much of the surrounding countryside is designated as areas of outstanding natural beauty. Clitheroe offers a great lifestyle and fantastic schools.

-  Available on a shared ownership basis from 40% (price shown based on a 45% share) to applicants with an annual houshold income not exceeding 80k.

-  Priority to first time buyers, downsizers, buyers purchasing again following relationship breakdown and those selling a property to move into more appropriate housing.

-  Local Connection Criteria applies.

These lovely 3 bed family homes available on a shared ownership basis comprise:

Entrance Hall
With ground floor wc,

Good Sized Lounge 

Attractive Kitchen/Diner
To the rear with patio doors affording access to the garden.

First Floor Landing

Two Double Bedrooms


Good Sized Single Bedroom

Family Bathroom
With modern bathroom suite incorporating low level WC, pedestal sink, paneled bath with shower over.
  
Outside
Externally the property benefits from a driveway for 2 vehicles.

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 mortgage to buy the property, and will also need a smaller deposit. 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*

A service charge of £28.24pcm is payable for maintenance of any common areas and to cover buildings insurance.  As a home owner, 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 manufacturers guarantee giving you peace of mind.

You can apply to buy one of these homes by filling in an online application form on the Help to Buy North West website where the properties are
listed.  www.helptobuyagent1.org.uk.

Progress Housing will undertake an 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 – Lowther 3 bed Semi prices from £205,000

40% share price £82,000 and rent of £281.88pcm
50% share price £102,500 and rent of £234.90pcm
60% share price £123,000 and rent of £187.92pcm
75% share price £153,750 and rent of £117.45pcm

Floor plans

View floorplan

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