Semi-detached house for sale in Rothay Drive, Middleton - Rochdale M24

Shared ownership £106,000
Interested in this property? Call +44 161 506 4468 * or Request Details

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Semi-detached house for sale - 3 bedrooms

3 2

Tenure:
Leasehold with shared ownership
Shared ownership percentage owned:
40%
Shared ownership rent:
£364.38 per month
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
£0
Council tax band:
Not yet known - A band has not been assigned yet
Shared ownership details:
You will pay £106,000 for 40% share and pay monthly rent at £364.38 per calendar month. Full market value £265,000.

Property features

  • Private garden
  • Central heating
  • Contemporary kitchen with ample storage and oven hob& extractor hood
  • White sanitaryware and generous bathroom tiling
  • Off-street parking
  • Turfing to front and rear gardens and wall or fencing provided to all boundaries
  • 10-year NHBC Guarantee

Property description

Eden Park is a stylish collection of 2,3 & 4-bedroom homes in Middleton. Featuring homes ideal for first time buyers and growing families alike, this development also has the added bonus of green open spaces and a play area for all to enjoy.
Situated close to Middleton town centre, Eden Park is the perfect location for contemporary living with all your local amenities, schools and parks right on your doorstep.
Every home at Eden Park has been designed with a modern lifestyle in mind. Offering practical living spaces where families can live and grow comfortably, with little maintenance required. And with customer satisfaction as our number-one priority, you can enjoy a distinctive home at extraordinary value for money.

A stunning collection of 2,3 and 4 bedroom homes available

The following houses are available in Phase 1:
Plot 2, House type Lambourne full price £255,000 available from 40% share
Plot 3 and 54: House type Lansdown, full price £265,000 available from 40% share
Plot 52: House type Osbourne, full price £325,000 available from 40% share
Plot 55: House type Leaside, full price £265,000 available from 40% share

Phase 2 is expected to be released in Autumn 2023

Viewings now available. Please call/email to book it with us.

Shared ownership

Stepping into your new home is one of the best and most exciting achievements in your life and Shared Ownership makes that ambition possible. You initially purchase a part share in a home through a mortgage and savings. You only need to buy as much as you can afford, usually a minimum of 25% - 35% and up to a maximum of 75%, and you pay a subsidised rent to us on the share that you don't own. The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay. What's more, you can get started with a smaller deposit, because its calculated on the value of the share you buy. Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder. Even though you are only purchasing a share, it will definitely feel like your home since you are free to decorate and personalise it to your own taste.
Below we've listed some of the main qualifying criteria around your eligibility:
* Your household income is £80,000 a year or less
* You cannot afford all the deposit and mortgage payments for a home that meets your needs
* You're a first-time buyer or * You used to own a home, but cannot afford to buy one now or
* You own a home and want to move but cannot afford a new home suitable for your needs or * You're forming a new household - for example, after a relationship breakdown or
* You're an existing shared owner and want to move

This house is available to be purchased through Shared Ownership and below are some sample figures for your information. Other combinations are available to suit your needs:

Full Marker Value £255,000 Estate charge £25 pcm and building insurance £24.99 pcm

40% share at £106,000, Shared Ownership rent £364.38 pcm
50% share at £132,500, Shared Ownership rent £303.65 pcm
60% share at £159,000, Shared Ownership rent £242.92 pcm
70% share at £185,500, Shared Ownership rent at £182.19 pcm
75% share at £198,750, Shared Ownership rent at £151.82 pcm

Property info

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For more information about this property, please contact
LWC Sales & Lettings Ltd, OL11 on +44 161 506 4468 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LWC Sales & Lettings Ltd, and do not constitute property particulars. Please contact LWC Sales & Lettings Ltd 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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