Eskdale Road by SOWN Shared Ownership in Stoke Mandeville

Eskdale Road is a brand new development of three-bedroom homes available to purchase via Shared Ownership. Situated less than ½ mile from Stoke Mandeville Train Station and just a few hundred yards from open parkland. Stoke Mandeville village is located to the south eastern side of Aylesbury, benefiting from a mainline train link in to London Marylebone, local village school, convenience store, pubs and reputable restaurant.

Aylesbury itself is also approximately 3 miles away, where you'll find an extensive range of shops, entertainment and leisure facilities. You can discover high street names and independent retailers at Hale Leys and Friars Square shopping centres.

The charming market town of Wendover is just an 8-minute drive away and nestled on the edge of the town is Wendover Woods. The woods themselves offer delightful scenic walks and are home to Haddington Hill, the highest point of the Chilterns, which offers spectacular views.

ELIGIBILITY

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Eskdale Road 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.
• You must live and/or work in the Aylesbury Vale district
• Priority will be given to Key Workers who meet the local area connection criteria

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.