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SHARED OWNERSHIP WITH HOME REACH

Price shown below is based on a 50% share with Home Reach

HARRIERS REST

Home 129 - The Linwood

Semi detached

Sold

This property is available on Home Reach. Here you can buy up to 50% of this home and pay a low monthly rent on the part you do not buy.

3 Bedroom

2 Bathroom

Two parking spaces

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More information on this home

Floor plan
About
Buying Options

Summary

BUY WITH JUST A 5% DEPOSIT OF ONLY £7,500

Price shown is based on a 50% share with Home Reach. Buy with just a 5% deposit of only £7,500

ABOUT YOUR HOME

A classic and clean design, the Linwood is a beautiful three bedroom home. Downstairs lends itself to open plan living, with a large kitchen/dining area which is perfect for socialising as well as everyday family life.

The spacious living room has plenty of light, with windows to the front, side and French doors to the rear. Upstairs, a landing at the back of the house leads to a family bathroom and three good sized bedrooms, one of which has an en suite and fitted wardrobe.

WHAT IS HOME REACH, SHARED OWNERSHIP?

Home Reach is about making home ownership accessible. With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don’t buy. You can initially purchase 50% of your chosen home and heylo will become your landlord, granting you a 125-year lease. This means you will be able to live in your home as if you’ve bought it outright. You can buy more of your home in the future and stop paying rent on that part.

Full market value: £300,000

50% share price: £150,000

5% deposit: £7,500

50% rent on un-owned share: £343.75

Rent increases at RPI plus 0.5% annually on the 1st April

Buildings insurance £150 (approx.)

Ask a sales executive for more information.

*SAVE ON YOUR ENERGY BILLS
Did you know that on average, new build houses are 66% more energy efficient, saving homeowners up to £184 a month in energy bills, or up to £2,200 per year. The average new build energy bill is 55% cheaper than the running costs for older properties.

TERMS AND CONDITIONS

*Source: HBF’s Watt a save January 2024 report

View information about the local area

Key features

  • > Bedroom one with en-suite and fitted wardrobe
  • > Built by an award winning Site Manager
  • > Cul de sac location
  • > South facing garden
  • > Two parking spaces
  • > Buy with a deposit of just £7,500

Home Reach

You buy a share of your new home and pay a monthly rent on the share that you do not buy. How much you can afford determines what share you buy.

Find out more

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