About The Property
ONLY 2 AVAILABLE! Brand new 2-bed homes available in Newport, Shropshire!
We currently have two brand new 2-bed homes on the Gallier’s site available to purchase as shared ownership. They are available now, anyone eligible for shared ownership would also need to have a local connection to the Newport Town Council area to qualify.
|Plot||Beds||Type||Market value*||Share %||Share Price||Rent PCM||Service Charge PCM*||Status|
|33||2||Mid Terrace||£175,000||40%||£70,000||£240.63||£23.96||Sold STC|
|34||2||End of Terrace||£178,000||40%||£71,200||£244.75||£23.96||Sold STC|
* Service charges figures are provided as a guide and are payable per calendar month.
**Shared Ownership enables you to part buy a share that is affordable to you and pay rent on the remainder. The rent is only 2.75% of the value of the share you don't buy. The example suggests a 40% share, but you are not limited to that at purchase, you can buy more now or later. Under Government guidelines, you must purchase the maximum share you can afford. To purchase this property you will require a local connection to the Newport Town Council area. The maximum share you can purchase is 80%.
2-bedroom property layout
Both properties offer an extremely popular layout that ticks all the boxes. With 2 good size bedrooms and a contemporary downstairs living space, these properties offer comfort and style. From the entrance hall there is access to the lounge and downstairs WC. A spacious kitchen-diner spreads across the rear of the property with access to an enclosed rear garden.
The first floor boasts two double bedrooms with a contemporary family bathroom.
Outside; the rear garden is laid to lawn which also has rear access. The front of the property is paved with 2 allocated parking spaces.
About the Area
Forton Gate is a new development constructed by reputable builders Galliers. Set in the historic market town of Newport, Shropshire it offers a great range of high street shops, pubs, and restaurants for you to enjoy. The property is well located for families with a range of reputable nurseries and schools within easy access. This great location allows for community living with the picturesque Shropshire countryside on your doorstep.
Transport – With ready access to the A41, A5, M54 and M6 motorways to destinations such as Shrewsbury, Telford and Birmingham
How do I apply for these homes?
To apply for a shared ownership home firstly, you will need to undergo a financial assessment to see if you are likely to qualify for one of these homes and to help you understand what share you could buy. You would also need to be registered with the Government's Help to Buy scheme.
To undergo the financial assessment click on the link HERE which will take you to The Mortgage Peoples website where you can "Get an assessment" online. They will then provide us with the results of the assessment. As long everything has gone well we can then make arrangements with you to view.
If you haven't already done so, you will also need to register with Help to Buy, details are set out below for you.
T: 03333 214 044
If there is anything else we can help with please do not hesitate to contact our helpful sales team at Sales@SevernHomes.co.uk