3 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Leasehold
- Brand new Shared Ownership home
- Kitchen/diner
- Ground floor WC
- Garden
- Parking
- Available immediately
This brand new home is available to buy from as little as £87,500 with a 25% share!
Nestled on the edge of the bustling market town of Halesworth in beautiful Suffolk, Manor View takes its name from the charming vistas over the rolling grounds of the historical hall nearby. Offering all the tranquillity of countryside living, coupled with a vibrant town community, Manor View is within easy walking distance of a range of independent shops, boutiques, pubs, restaurants and facilities and only a 20 minute drive from the beautiful Suffolk coastline.
With straightforward connections to Ipswich, Norwich and Cambridge – and then onto London – it’s easy to keep in touch with city life before heading home to rural relaxation. The renowned Suffolk Heritage Coast is on your doorstep, with the ever-popular seaside destination of Southwold less than 10 miles away and the ruggedly beautiful beaches of Walberswick and Dunwich Heath close by. With the Broads National Park to the north and a sea of Nature Reserves to the south, this delightful region offers a day out for everyone.
This brand new semi detached home has spacious accommodation to include: entrance hall, kitchen/dining room with a separate living room, ground floor cloakroom, three bedrooms and a bathroom. Externally is off road parking and at the rear is an enclosed garden.
PRICING & AFFORDABILITY
Approximate Size 1089 sq ft
Full Market Value: £350,000
25% Share Price: £87,500 (rent £601.56pcm)
50% Share Price: £175,000 (rent £401.04pcm)
75% Share Price: £262,500 (rent £200.52pcm)
Minimum 5% Mortgage Deposit (25% share): £4,375
Approximate Service Charges: £31.67 pcm*
Shared Ownership Lease: 125 years
Council Tax Band: TBC
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
At Manor View you can buy a minimum 50% 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.
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.
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*DISCLAIMER
Property reference SDO240069. 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.
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Broadband availability and predicted speed: obtained from Ofcom on February 10, 2024
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: obtained from Ofcom on February 10, 2024
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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