3 bedroom house for sale

Overview

Shared OwnershipThis brand new home is available to buy from as little as £58,250 with a 25% share^.Hawthorne Farm offers a collection of new Shared Ownership homes in Clitheroe, a charming market town tucked in Lancashire's scenic Ribble Valley, just outside the Forest of Bowland AONB. Clitheroe is steeped in history believed to date back to Saxon times, it also has a 12th century Norman Castle, said to be the smallest in Britain, which overlooks the charming town centre.Situated on the northern edge of the town, Hawthorne Farm is just a short walk from many amenities. Along with everyday essentials such as supermarkets, pharmacies and banks, you'll find a number of great independent shops and eateries, including Cowman's Famous Sausage Shop, antique shops, and cafes. Clitheroe has also hosted a regular outdoor market since the Norman Conquest in the 12th century, which to this day is a popular fixture, offering an eclectic mix of amazing local food and clothing.With all of this on your doorstep, along with a number of schools and great transport links by road and rail, it's easy to see why this is such a sought-after location.This beautiful new home embraces modern living. Featuring an open plan breakfast area and luxury fitted kitchen, with French doors to the garden that flood the home with light, a separate spacious lounge and a useful downstairs W/C and storage. There are two double bedrooms and a single on the first floor and a contemporary three-piece family bathroom, the master also has an en-suite. In addition, each one of these stylish homes has a landscaped garden and off-road parking. All this is complemented by gas central heating, smoke detectors, stylish uPVC doors & windows and neutral decor throughout. ^The house type has two different finishes red brick as illustrated in the Computer Generated Image (CGI) and a red brick and partially rendered finish.PRICING & AFFORDABILITYFull Market Value: £233,00025% Share Price: £58,250 (rent £400.47pcm)50% Share Price: £116,500 (rent £266.98pcm)75% Share Price: £174,750 (rent £133.49pcm)Minimum 5% Mortgage Deposit (25% share): £2,913Approximate Service Charges: £24.50 pcm* Shared Ownership Lease: 999 yearsCouncil Tax Band: TBCELIGIBILITYShared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright although this is not a guarantee.At Hawthorne Farm you can buy a minimum 10% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to owning 100% of your home.To be eligible for this shared ownership you would need to meet the following criteria: You must have a local connection to the local Authority Ribble Valley, either through residency, work or family Your annual household income does not exceed £80,000. You have a deposit of at least 5% of the share value You do not own another property or have your name on the deeds or a mortgage for a property worldwide. This will be your only residence. You are a permanent UK resident or have indefinite right to remain.Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.*Service charges are estimated and may subject to change.**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information. For more details and to contact: https://realtyww.info/houses_clitheroe-d196701/for-sale_i69522416

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