Regency Park in Castle Donington
by Midland Heart Housing Association
3 bedroom houses
From £118,000 for a 40% share
(From £295,000 Full Market Value)
Castle Donington, Derbyshire, DE74 0AJ
Brand New 3 Bedroom Semi-detached Houses available to buy on Shared Ownership with Midland Heart.
These affordable new homes are located on the new William Davis Homes development called Regency Park on the edge of Castle Donington, near Derby. Local shops, cafes, pubs, restaurants & good schools are all within easy reach & the location offer excellent travel links to nearby towns & cities.
• 3 Bedroom Semi-detached Houses - £118,000*
• Kitchen/Diner with oven & hob
• Parking for 2 vehicles
• Sought after location
• Available on the new Shared Ownership scheme with a 990 year lease
These energy efficient new homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchen/diner with oven & hob, a private garden and parking for 2 vehicles.
PRICE
3 Bedroom from £295,000 (100%)
40% share = £118,000 Rent = £405.63
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £19.76
Service/Estate Charge: £15.88
Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy.
Contact us today for more information and see how we can help you buy your very own home.
*This is the price for our target share of 40% - a lower or higher share is available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.
Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.
Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
^Images/photographs shown are for illustrative purposes only.
Example Shared ownership share price options
The following table shows examples of the share price range of this development at various share points
| Share | Price from |
|---|---|
| 40% share | £118,000 |
| 45% share | £132,750 |
| 50% share | £147,500 |
| 55% share | £162,250 |
| 60% share | £177,000 |
| 65% share | £191,750 |
| 70% share | £206,500 |
| 75% share | £221,250 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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