Willow Bank, Brayton, Selby, YO8
COMING SOON - Prices starting from £52,500 | Shared Ownership | 25% to 75% Shares Available | Popular Village Location
Prices starting from £52,500! A rare opportunity to purchase a a newly constructed 3 bedroom family home within this popular village on a shared ownership basis. An amazing opportunity for a buyer to get their foot on the housing ladder in a highly sought after area. Brayton offers a wealth of local amenities including a convenience store/petrol station, butchers shop, post office and a hair salon. It is ideally placed for commuting to Selby, York & Leeds.
The accommodation briefly comprises: entrance hall, ground floor WC, lounge diner and a kitchen. To the first floor and 3 bedrooms and a family bathroom. Outside, to the front of the property is a garden and off street parking for 2 cars. To the rear of the property is a private south facing private garden.
Shares of between 25% and 75% are available (Full price £210,000). Monthly rent is to be paid on the remaining share along with a monthly service charge, buildings insurance and administration charge. Buyers must meet a specific buying criteria.
Example Shared Ownership Schedule:
BASED ON A 50% SHARE BEING PURCHASED at £105,000.
Purchasers must put down a minimum 5% deposit based of the price of the share being purchased.
On a 50% purchase at £105,000 a 5% deposit would be £5,250.
In addition to the mortgage there are monthly charges on the remaining 75% share. These charges are based on the current value of the property i.e. £210,000 (100%) and are as follows:
Administration Charge £14.00
Building Insurance £9.23
Service Charge £15.00
Total £278.85 per month
Image for illustration purposes only - Please contact the Selby office for more information.
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