This property is no longer on the market
4 bedroom house
Key information
Property description & features
- Tenure: Leasehold (989 years remaining)
- Rent for 3 months before purchasing a 25% 75% share*
- Brand new home
- Kitchen/diner
- Parking
- Garden
- Excellent commuter links
Pathways by Citra is a new flexible route to home ownership. We offer homes for rent, with tenancy agreements up to 3 years and at any time after the first 3 months of renting your home we offer you the opportunity to start buying your home through our Shared Ownership scheme.
As this is a flexible option you do not have to buy your home. You can chose to rent for as long as you wish, but if you decide you would like to start buying we are here to help get you on the ladder.
Coney Green is a brand-new development, which will feature a collection of 2, 3 and 4 bedroom homes. Homes at Coney Green will benefit from a new community, bringing with it an array of local amenities.
SPECIFICATION
The homes at Coney Green have been designed to a high standard and benefit from a ‘fully inclusive’ specification. Your home will have a fully fitted kitchen, contemporary bathrooms and light, spacious living areas.
LOCAL AREA
Embrace a lifestyle with endless possibility at Coney Green, with shopping, leisure facilities and an abundance of green spaces, residents can live life to the fullest. As well as a variety of local facilities, Sheffield, Mansfield and Nottingham are all within easy reach. Just 4 miles from the M1 or 6 miles from Chesterfield Rail Station, getting around is easy.
PRICING & AFFORDABILITY
Approximate Size 1,251 sq ft
Monthly Rent: £1,400pcm*
AFTER 3 MONTH RENTAL PERIOD, THIS IS AN EXAMPLE BREAKDOWN OF PURCHASE OPTIONS^^^
Full Market Value: £300,000
25% Share Price: £75,000 (rent £750.00pcm)
50% Share Price: £150,000 (rent £500.00pcm)
75% Share Price: £225,000 (rent £250.00pcm)
Minimum 5% Mortgage Deposit (25% share): £3,750
Estimated Service Charges: £25 pcm (Final figure TBC)^^
Shared Ownership Lease: 990 years
Council Tax Band: TBC
WHAT IS PATHWAYS BY CITRA?
We understand how important it is to feel secure in your home and to feel part of a community. We also realise it can be difficult to get your foot onto the property ladder. We want to help you own your own home. Once you have found a Citra home that you love and we have completed all of the necessary checks, you are ready to move in. If you want to buy your home, you can start the shared ownership process at any time after the three months of your agreement, using just a 5% deposit^. You will purchase an initial share between 25% and 75% of the property using a deposit and mortgage. You can then increase that share until you own it all*.
ELIGIBILITY
To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.
* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.
* Buying fees will occur. Purchasers will be required to pay a £100 holding fee and 5 weeks rental payment to secure the home.
^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.
^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.
^^^Purchase price may change from the advertised price at point of rental agreement.
* 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.
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.
Citra’s privacy notice can be viewed on their website
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*DISCLAIMER
Property reference SDO230810. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN - National.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 16, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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