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SHARED OWNERSHIP

£40,000 - £138,750

Stannington Mews

2 and 3 bedroom properties
Morpeth, Northumberland

 
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More information about Stannington Mews...

Make the move to Stannington Mews and live near one of the most exclusive estates in the north - Tranwell Woods.

Our homes at the Stannington Mews development offer the best of both worlds; all the space of a house with the benefits of apartment-style living. Our homes are in a quiet idyllic spot, set away from the hustle and bustle. With beautiful communal gardens and spaces to enjoy, as well as the St Mary's Inn right on your doorstep, our homes are not to be missed. And even if you crave the city life, you're only 15 miles from Newcastle City Centre.

We have two house types available - The Reimann, a versatile two or three bedroom maisonette (depending on how you use the space) with a garage, and The Cavell, a three bedroom townhouse set across three floors, also with a garage.

Prices start from £160,000 but, with shared ownership, you could purchase a 25% share of your new home for as little as £40,000 and pay a rent on the remaining share. This means your total monthly payments could be as low as £545*. If you're buying with a mortgage you only need a 5% deposit for the amount you borrow, meaning your deposit could be as low as £2,000.*


*This is based on a 25% share (£40,000) of a two bedroom house valued from £160,000 with a 5% mortgage deposit (£2,000). The estimated monthly service charge is approximately £59. The share you buy is dependent on your financial and personal circumstances. Photos are for illustrative purposes only and may be examples of previous developments.

Images may not necessarily depict the actual development and in some cases may be a typical example.