Bracken Grange
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4 Bedrooms Detached house |
|---|---|
| Property Number | 263 |
| Availability | FOR SALE |
| Advertised Share | 50% |
| Full Market Price | £259,996 |
| Deposit From | £6,500 |
| Monthly Rent | £298 |
| Monthly Mortgage Cost | £719 |
| Monthly Service Charge | — |
| Estimated Monthly Cost | £1,017 |
| Bedrooms | 4 |
| Bathrooms | — |
| Number Of Floors | 2 |
| Tenure | Leasehold |
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Bracken Grange
Overview
- Ask us about our range of incentives and schemes available to help you get moving into your dream home in 2024!
- Reserve & receivean amazing gift from Linden Homes: 5% DEPOSIT PAID*! *Selected plots & developments.
- A stunning energy efficient new home with a 10 year peace of mind warranty
- Easy access to the A19, A171, and local railway stations for commuters. James Cook station is a short walk away
- Selection of Ofsted-rated 'Good' schools located nearby
- A stunning range of brand-new homes with a selection of amenities and outdoor, open spaces close to home
- With Home Exchange† and Smooth Move‡ we can help you sell your home
Just under three miles from Middlesbrough town centre and surrounded by beautiful outdoor spaces, our Bracken Grange development is a great choice for you and your family. For local amenities, you’ll find a great selection close to home, with a Sainsburys Local less than 5 minutes’ walk from home and a choice of pubs and eateries within a mile radius, including a Toby Carvery. Just 3 miles away in Middlesbrough town centre you’ll find an even larger selection of places to eat and drink, and a wide selection of shopping opportunities in The Cleveland Centre.
Those who will be commuting from Bracken Grange will have a choice of two railway stations within a mile of the Bracken Grange development; Marton station and James Cook University Hospital station. The nearby A19 and A171 roads provide easy access to nearby towns and cities such as Stockton-on-Tees, Darlington, and Hartlepool. Those looking to move to Middlesbrough with a family will also find a great selection of Ofsted-rated ‘Good’ schools nearby.
Key Features
- 10 year NHBC Buildmark warranty
- En-suite to bedroom 1
- Large living room
- Open plan kitchen and dining with French doors to the garden
- Downstairs cloakroom
- Useful understairs storage
- Four good sized bedrooms
- Garage and 2 parking spaces
- Plenty of storage
- Low cost energy efficient homes
Brochures
Site Plan
FAQs
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.
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 in to a new home, you're likely to qualify.
Your annual household income (that's both yours and your partners' if buying together) can't exceed £80,000 (or £90,000 in London) and you'll need to have savings to cover purchasing costs such as solicitors fees and your mortgage deposit.
There's no fixed minimum income; you just need to be able to afford to buy the home and the monthly costs - this will be established via an affordability.
No - the scheme is designed to help people buy a suitably sized home that they cannot afford to buy otherwise. That typically means first time buyers, but if you've owned a home before and are selling, perhaps due to a divorce or needing to buy a bigger home, and cannot afford to buy, you might be eligible for Shared Ownership.
All Shared Ownership properties will have a service charge. If there is not one showing on the listing it will be in the Key Information Document that is available with the listing.
In shared ownership, a service charge is a monthly or periodic payment made by the shared owner towards the cost of maintaining and managing the communal areas of the building or estate. It's separate from the rent paid on the share of the property not owned.
Affordability Calculator
Disclaimer
The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. The monthly rental cost is based on 2.75% on the retained equity (subject to change please ask your sales agent). This will usually increase by the annual rate of RPI. The monthly mortgage cost is based on a Variable Rate Mortgage at 4.75% over a 30-year repayment loan. Other costs will apply such as service charge. Sage Homes is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.