£142,500
Moss Bank Gardens, Hooten Lane, Leigh, WN7
- 3 beds
£142,500
- 3 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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Charming and spacious, The Thespian is a delightful 3-bedroom home with a blend of modern comfort and traditional appeal. The master bedroom features its own en suite, while the other two bedrooms share a contemporary family bathroom. The ground floor includes an open-plan kitchen and dining area that connects to the garden through French doors, while the generously sized living room, with its distinctive bay window, adds a touch of character and space.
The advertised price of £142,500 represents a 50% share of the property. Rent would therefore be payable on the outstanding 50% share, set at 2.75% per annum. Based on a 50% share, rent would equate to an additional £315.10 per month on top of any required mortgage. You may purchase up to 75% of the total property price upfront.
At Auxesia Homes, we believe that public service workers deserve to be given the highest priority when searching for a safe, energy-efficient home, to buy or rent, in a place that they want to live. To support our mission, our shared ownership properties are offered exclusively for sale to public service workers for the first month of marketing.
What is Shared Ownership?
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. Buy between 25% - 75% of a home normally with a mortgage and a reduced deposit, and pay a low-cost rent on the remaining un-purchased share.
Am I eligible to buy a home with shared ownership?
The eligibility criteria for shared ownership is simple; as long as you don't currently own, or won't own another property when you move into a new home, you're likely to qualify. Your annual household income must not exceed £80,000 and you'll need to have savings to cover typical purchasing costs such as solicitors fees and your mortgage deposit.
Local connection tests also apply meaning you must have a strong connection to the area, being your current residence, immediate family, or work.
To find out more please contact Auxesia Homes's in-house sales team.
**Computer generated images (CGI's) and photography are intended for illustrative purposes only and should be treated as general guidance only**
Council Tax Band: TBC
Tenure: Leasehold
Shared Ownership: 50% being sold, £326.56 per month rental payments
Management fee - £20.83 per month
Estate management charge - TBC
Accessibility measures: Wheelchair accessible
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