Semi-detached house for sale in Tackler Close, Desborough, Kettering NN14

Life at Heritage Gate means affordable, comfortable living in a home designed to give you countryside living with the convenience of towns nearby. Every home is complete with fitted kitchens, turfed rear gardens, off-road parking and beautiful fixtures and fittings, and a welcoming community and neighbourhood on your doorstep. Heritage Gate offers a range of homes, 2,3 and 4 bedrooms, to suit every buyer - enquire now for further information

The Poppy - 2 bedroom semi detached house - Various Plots Available

Plot 56, 4 Tackler Close, Desborough, Kettering, Northants NN14 2AE

Plot 57,6 Tackler Close, Desborough, Kettering, Northants NN14 2AE

Plot 58,8 Tackler Close, Desborough, Kettering, Northants NN14 2AE

Plot 59, Tackler Close, Desborough, Kettering, Northants NN14 2AE

Plot 63, Tackler Close, Desborough, Kettering, Northants NN14 2AE

full market value £250,000. The property is being offered for sale via the Shared Ownership Scheme.

The share purchase price is calculated using the full market value and the percentage share purchased.

If you buy a 40% share, the share purchase price will be £100,000 and the rent will be £343.75 per month.

If you buy a larger share, you'll pay less rent. The table below shows further examples.

Share Purchase Price Monthly rent

share: 10% / share purchase price: £25,000.00 / monthly rent: £515.63

share: 25% / share purchase price: £62,500.00 / monthly rent: £429.69

share: 30% / share purchase price: £75,000.00 / monthly rent: £401.04

share: 40% / share purchase price: £100,000.00 / monthly rent: £343.75

share: 50% / share purchase price: £125,000.00 / monthly rent: £286.46

share: 60% / share purchase price: £150,000.00 / monthly rent: £229.17

share: 70% / share purchase price: £175,00.00 / monthly rent: £171.88

share: 75% / share purchase price: £187,500.00 / monthly rent: £143.23

The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment.

Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord

In addition to the rent above, there is an additional monthly payment to the landlord which includes a service charge and building insurance payment equating to £14.71 pcm

Eligibility

To assess your eligibility, you'll need to complete an online application form.

You can apply to buy the home if both of the following apply:

• your household income is £80,000.00 or less

• you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

• you're a first-time buyer

• you used to own a home but cannot afford to buy one now

• you're forming a new household - for example, after a relationship breakdown

• you're an existing shared owner, and you want to move

• you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Ground floor

Entrance Hall
providing access to the kitchen diner, downstairs WC and lounge. With stairs to first floor and under-stair store

Kitchen Diner
4.962m x 2.612m (16' 3" x 8' 7") fitted with a range of wall and base units, integrated stainless steel oven, hob, cooker hood, integrated fridge freezer, dishwasher and washing machine, fitted with vinyl flooring

Downstairs WC
Low level WC, wash hand basin, heated chrome towel rail, vinyl flooring

Lounge
4.735m x 2.860m (15' 6" x 9' 5") doors leading to rear garden

First floor

Bedroom 1
4.685m x 3.636m (15' 4" x 11' 11")

Bedroom 2
4.186m x 2.485m (13' 9" x 8' 2")

Bathroom
fitted with low level WC, wash hand basin, bath with shower over with glass shower screen, heated chrome towel rail and vinyl flooring

External
Each plot benefits from 2 parking spaces and a turfed garden

Additional Property Information
The property benefits from UPVC sealed unit double glazed windows, gas fired central heating to radiators and and electric vehicle charging point

Our client has confirmed the property is standard brick construction, service by mains gas, electric and water. Broadband services - new build, connection ready for suppliers.

Our client has advised, to the best of their knowledge, no known flooding in past 5 years on site location.

Shared ownership lease details

Homes are available on the New Model Shared Ownership (nmso) which has some great new additions including:

You can purchase your initial share from just 10% (subject to financial assessment - all applicants must purchase as large a share as is possible in line with affordability).

You can purchase further shares from as little as 5% each time (known as staircasing).

A new gradual staircasing process has been introduced allowing you to purchase an additional 1% each year for a maximum of 15 years.

The introduction of a new 10-year period during which emh could support you with the cost of repairs and maintenance in your new build home.

Tenure: Leasehold

Lease type: New Model Shared Ownership (nmso)

Lease term: 990 Years

Maximum share you can own: You can buy up to 100% of your home.

Transfer of Freehold: At 100% ownership, the freehold will transfer to you.

Please note; The Local Authority, North Northamptonshire Borough Council are yet to value the property

Key Information Documents on the plots and the shared ownership scheme can be viewed under the brochure tab

Reservation Fee
There is a £500.00 reservation fee applicable.
You’ll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home.
The reservation fee secures the home for 56 days. If you buy the home, the fee will be taken off the final amount you pay on completion. If you do not buy the home, the fee is not refundable.