Detached house for sale in Deemers Stile, Redhill, Telford TF2

Summary
Purchase this stunning four bedroom detached family home with a 50% share with a minimum 5% deposit of £10,500 via Home Reach.

Call our Shared Ownership specialists today to arrange a viewing,

description
Connells Shared Ownership hub are proud to introduce this exceptional four bedroom detached family home available to purchase via Home Reach (Heylo Housing).

Plot 438 - The Knightley

This well-designed 'L' shape property allows for access from both the living room and the open plan kitchen and dining area through luxurious French Doors into the rear garden. From the open plan living area is the separate utility space, and out in to the hallway you'll a downstairs w/c and under-staircase storage. Downstairs also offers a separate family space which can be used for home working or entertaining the children.

Upstairs you'll find four bedrooms, with room for all the family. The master bedroom even boasts both an en-suite and a dressing room for all the added luxury you could need. The family bathroom caters for the other bedrooms and the ample storage throughout the property means you'll never run out of space.

The Quarters Development:
These new houses for sale in Telford are designed to be sustainable right through from the build process to the final product, leaving you with a community that is environmentally conscious. Of course, they also include a lot of desired comforts such as open-plan living areas, double bedrooms, back gardens and parking spaces typical of modern living.

The Quarters @ Redhill is the ideal place for young couples looking for their first house or large families looking for their forever home. These new properties for sale in Telford are located in an outstanding position near the charming market town. Also, located in the heart of the Shropshire countryside, this site is surrounded by a wide range of local outdoor spaces and natural sites to explore including a variety of well-regarded primary and secondary schools for families with children of all ages.

What Is Home Reach?
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don't buy. Your budget will decide the size of the share you buy, rather than the size of your home.
So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

You are able to purchase your share in either cash savings or by taking out a mortgage. If you are taking out a mortgage to finance your share, you will need to allow for a minimum of 5% deposit. The larger your deposit (typically 10%) the lower your mortgage repayments are likely to be.

Shares up to 75% available of your chosen home and Heylo will become your landlord granting you a lease. This means you will be able to live in the home as if you've bought it outright. Starting shares vary across developments and plots. Shares available depending on affordability.
On the share you do not purchase, you will pay rent of 2.75% of the unsold value, this will be paid monthly via direct debit. You can purchase more shares in the future until you own the whole property and stop paying rent altogether.

What Is The Criteria?
-The first thing to consider is your income. To be eligible, your household income cannot exceed £80,000.
-Secondly, you must be either a verified first-time buyer, or if you used to own a home but don't anymore and then you must be in the position that you can't currently afford to buy outright again.
-To verify your financial circumstances as part of the eligibility criteria, an independent financial assessment will verify your capacity to pay the monthly costs you'll need to maintain residence in your property.
-To move forward with the purchase of a part buy – part rent property, you must be registered with a Help to Buy agent. In this case, it is Helptobuyagent2
-Finally, the property you are buying will be your principle and only home.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.