Terraced house for sale in Springwood Close, Meadowfield, Durham DH7

Shared ownership £30,000
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Images may include optional upgrades at additional cost

Interested in this property? Call +44 191 392 0815 * or Request Details

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Property features

  • Private garden
  • Off street parking
  • Central heating
  • Double glazing
  • Buy from £85 a week*
  • Low deposit - just £1,500!*
  • New build homes at affordable prices
  • Catchment area for Durham Johnston Comprehensive School
  • Spacious, turfed enclosed rear garden

Property description

Buy a new home at Broadmeadows from £85 a week when you buy a 25% share!

Our two bedroom homes to buy offer an exciting opportunity for those looking to live just a short drive away from Durham city centre.

The ground floor offers light and airy open plan living, a cloakroom, a modern fitted kitchen with ample storage and an integrated oven and hob, as well as access to the good sized rear garden - perfect for entertaining in the Summer! To the first floor, there are two good sized bedrooms and a bathroom.

Prices start from £119,950, but when you buy a 25% share through shared ownership, this equates to just £30,000. This means your payments could be as low as £85 per week*, making the cost of buying a new home more affordable. And to top it off, your mortgage deposit could be as little as £1,500! The share you purchase is dependent on your affordability and personal circumstances. Contact us to find out more.

What is shared ownership?
Shared ownership is a part-buy, part-rent government scheme that makes it easier and more affordable to get on the property ladder.

To qualify for shared ownership, there are a few boxes to tick:

- You are not currently a homeowner.
- You have a household income of less than £80,000.
- You have a sufficient deposit (a minimum of 5%) for the percentage of the home you'd like a mortgage for.
- You can prove you can afford the monthly mortgage repayments.

Estimated monthly service charge: £29.05

*This is based on a 25% share of a two bedroom house valued from £119,950 with a 5% mortgage deposit.
Floorplan(s): Floorplan 1

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Nearby transport

  • Durham (2.8 miles)
  • Bishop Auckland (6.5 miles)
  • Chester-le-Street (7.8 miles)
  • Durham Tees Valley Airport (17.9 miles)
  • Newcastle Airport (20.6 miles)
  • Leeds Bradford International Airport (60.8 miles)
  • Newcastle International Ferry Terminal (18.4 miles)
  • South Shields Ferry Terminal (18.9 miles)
  • Transporter Bridge North Side (19.1 miles)

Nearby schools

View all schools in County Durham
  • Browney Primary Academy (0.2 miles)
  • Brandon Primary School (0.7 miles)
  • St Patrick's Roman Catholic Voluntary Aided Primary School, Langley Moor (0.8 miles)
  • Durham Sixth Form Centre (3.0 miles)
  • Endeavour Academy Durham (10.8 miles)
  • Delta Independent School (11.6 miles)
  • Durham High School for Girls (1.5 miles)
  • Durham School (2.4 miles)
  • The Chorister School (2.5 miles)
Note: Distance is shown as a straight line measurement

Local info for County Durham

About the neighbours in DH7

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For more information about this property, please contact
Home Group - Broadmeadows, DH7 on +44 191 392 0815 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Home Group - Broadmeadows, and do not constitute property particulars. Please contact Home Group - Broadmeadows for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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