Semi-detached house for sale in Trough Laithe Road, Barrowford, Nelson BB9

Shared Ownership

This brand new home is available to buy from as little as £60,625 with a 25% share!

Set a stones throw from the village of Barrowford, Keld is a stunning collection of two and three bedroom stylish, contemporary homes. Available to purchase exclusively through Shared Ownership, Keld has the added benefit of beautiful countryside on the doorstep whilst still being close to the local towns of Colne, Burnley and Blackburn.

Designed to complement the local surroundings, Keld is perfect for young professionals, first time buyers, and those who want to get back on the property ladder, with each home boasting a sleek and modern design in this sought-after village.

You’ll be spoilt for choice living in Barrowford, with a wide range of shopping opportunities close by. The town is served by a range of local shops for everyday essentials, and for the weekly shop, there are two large supermarkets in Colne which is a 10-minute drive.

The neighbouring market town of Colne offers and a wide range of both independent and brand name stores to peruse. Colne also hosts a daily thriving market with a host of stalls offering a wide range of fresh produce. In addition, there is a monthly Makers and Bakers market which showcases goods from artisan producers from across the region.

The Eight66 with its free flowing open plan downstairs layout and three bedrooms would make the perfect home for first time buyers and growing families.

Upon entering this beautiful home, you are instantly greeted with a high specification fully fitted kitchen with sleek units and selected integrated appliances as standard. The dining area is set within the L-shaped kitchen itself and offers enough space to sit down and enjoy family meal times together in the evenings.

Walk down the wide hallway and you will find a convenient downstairs WC and utility area with space for 2 freestanding appliances. The under-stair cupboard also provides additional storage for your everyday household items to keep them tidied away and out of sight.

The lounge is a fantastic, versatile space with access out into the turfed rear garden through the large sliding doors. Natural light comes flooding in throughout the day, making it a good space to potentially have a home office set up if you work from home, or an ideal spot for the children to do their homework after school. The room is spacious enough for a comfy corner sofa too, the perfect way to spend an evening snuggled up watching a movie.

The first floor is home to three bedrooms. The master bedroom is well equipped with enough space to add in freestanding wardrobes and a convenient little alcove where you could add in a chest of drawers or a dressing table. The two remaining bedrooms are very good sizes and would make fantastic children’s bedrooms or you could even turn one of them into a home office, a yoga room, even a games room! However you like to live, there’s a space to make your own.

All of the bedrooms have the use of the family bathroom, fitted with a stylish VitrA suite and separate shower cubicle. You’ll also find an additional storage cupboard just off the landing.

Pricing & affordability

Approximate Size 866 sq ft

Full Market Value: £242,500

25% Share Price: £60,625 (rent £416.80pcm)
50% Share Price: £121,250 (rent £277.86pcm)
75% Share Price: £181,875 (rent £138.93pcm)

Minimum 5% Mortgage Deposit (25% share): £3,031.25

Approximate Service Charges: £25.87 pcm*

Eligibility

Shared 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 Keld you can buy a minimum 25% 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 shared ownership you would need to meet the following criteria:

• 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.

Leaders Romans Group are selling the homes on behalf of Laurus Homes. For more information on Laurus Homes visit .