Solo Homes are pleased to bring to the market 14 x 1 bedroom contemporary apartments built by local developer Oakmere Homes. The properties are on their highly successful Strawberry Fields development and the homes will be available on a part buy part rent basis for those living or working locally. The properties set across 3 floors are finished to an excellent standard and provide allocated parking in a great location.
Strawberry Fields enjoys the famously scenic surroundings and numerous lifestyle attractions which characterise the popular South Lakeland locality. Nestled in an area of outstanding natural beauty between two unique National Parks and close to the many amenities of Kendal centre, Strawberry Fields benefits from the best of town and country. Adjacent to open countryside, with panoramic views across the fells, the development is an ideal commuter base, just 2 minutes' walk from Oxenholme Railway Station with it's West Coast Main Line links to Manchester, Birmingham, London, Carlisle, Glasgow and Edinburgh. The M6 is only 10 minutes' drive away, providing fast connections to leisure destinations and commercial centres, including Penrith and Carlisle to the north and Lancaster to the south. The area also provides excellent 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 apartments are available on a shared ownership basis there are 14 in total spread across 3 floors offering contemporary accommodation. Each flat comprises large open plan lounge/dining kitchen. Kitchens have high quality gloss units and include integrated fridge freezer, oven, hob and extractor. Each apartment has 1 double bedroom and family bathroom with bath and shower. There is a lift to all floors and all properties have allocated parking.
Shared Ownership - How It Works And How You Start The Application Process.
Shared Ownership allows you to buy a share in a new home, from 40% 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 £62.00pcm (to be confirmed) 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 – 1 bed apartment prices from £135,000
40% share price £54,000 and rent of £168.75pcm
45% share price £60,750 and rent of £154.69pcm
50% share price £67,500 and rent of £140.63pcm
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