2-BED PROPERTIES COMING SOON TO EMMANUEL GARDENS, WESTON FAVELL
2 bedroom houseShared ownership £72,000 (40% Share)
- Gas central heating and double glazing
- Fitted kitchen with Zanussi stainless steel over, hob and extractor hood
- Internal oak finished doors
- White bathroom suite with full height tiling around bath - Heated towel rail in both WC and bathroom
- Thermostatic shower and screen over bath
- UPVC sealed unit double glazed windows with safety restrictors
- Thermostatically controlled radiators
- Off road parking
- Double glazed front and rear doors with multipoint locking system
- Turf to rear garden
For saleEmmanuel Gardens, Billing Brook Road, Weston Favell, Northampton, Northamptonshire, NN3 8NY
Shares from 40% - £72,000 Monthly rent - £247.50 Monthly Service Charge - TBA
- Garage: Off street parking
- Housing Scheme: Shared Ownership
- Tenure: Leasehold
hello homes are pleased to offer these 2 bedroomed semi detached and terraced homes for sale on a Shared Ownership basis.
Desirable, yet affordable, Emmanuel Gardens features a mixture of brand new two and three bedroom homes available on a Shared Ownership basis.
The development sits in Weston Favell near the eastern end of Northampton, and is part of Park ward of the Borough of Northampton. The village is situated on the northern valley slope of the River Nene about 3½ miles to the east of the town centre.
Shared Ownership is a part buy-part rent scheme which makes buying your own home affordable. Shares can be purchased from 40% to 75% (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme by Help to Buy Midlands). Shared Ownership allows you to purchase a share in a brand new home whilst paying a subsidised rent on the remainder.
Once you have lived in the property for 12 months you can purchase additional shares if you want to; this is called staircasing. In most cases you can staircase up to 100% of the property and eventually own the property outright; making shared ownership a ladder of opportunity to owning your own home!
Example of costs
Shares can be purchased from 40% to 75% initially (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme by Help to Buy Midlands).
Example of costs Based on Full Market Value of Property: £180,000
• 40% = £72,000: Rent @ £247.50 monthly / Service Charge @ £TBA monthly
• 75% = £135,000: Rent @ £103.13 monthly / Service Charge @ TBA monthly
For floor plans, dimensions and photographs please refer to the brochure
Prices will appear here soon
About the area
The village of Western Favell offers a plethora of shops and amenities hosted in Western Favell shopping centre. The centre is considered to be the second biggest shopping centre in Northampton. However, although Western Favell is located in the centre of a large urban expansion area, the village still retains the character of a rural backwater village. The historic development as a rural agricultural settlement is still evident and reflected in the number of former farms located throughout the village, particularly to the south end of High Street and Church Way.
Western Favell is approximately 3½ miles from Northampton town centre; which offers a mix of high street and independent stores, along with specialist food retailers and quaint cafés. One of the main highlights has to be the lively market, which is held six days a week. The development sits close to the district of Abington, which presents a great location for family days out at Abington Park. The park can be accessed via the notably long and straight Weston Way, offering lakes, aviaries, and a museum, as well as trees and grassy open spaces; great for picnics, playing or for simply relaxing in the open air!
To register your interest
Call hello homes on 0844 892 2506 (charges apply) or email firstname.lastname@example.org
Please note that to purchase a shared ownership property you must have been approved by Help to Buy Midlands. For more details of shared ownership and how to apply visit the link on our website: https://www.hellohomes.org.uk/ownership-options/help-to-buy-shared-ownership-new-build/