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About The Property

Shared ownership** available on brand new 2 bedroom properties in Brewood.

Constructed by Lovell and located in the historic market village of Brewood, the beautiful development at Somerford Park offers a semi-rural living at its finest.

 

 Plot 

Market value

 Share  %

Price

Rent (PCM)

 Service charge* (PCM)

30

£250,000

40%

 £100,000 

 £343.75

£23

19

£255,000.

40%

 £102,000

£350.63

£23

20

£250,000

40%

£100,000

£343.75

£23

21

£255,000

40%

£102,000

£350.63

£23

49

Coming Spring 2022

52

Coming Spring 2022

* 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 (up to 75% in the first instance). Staircasing on these properties is restricted to 80%.

Layout 

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 kitchen/diner and downstairs WC. A spacious living room 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 and there are 2 allocated parking spaces per property.

 

How do I apply for these homes?

You will need to be registered with the Government's Help to Buy scheme, details are set out below or can be found HERE. You will be provided with a 6-digit reference which will be needed for your shared ownership application.

W: www.helptobuyagent2.org.uk 
T: 03333 214 044
E: enquiries@helptobuyagent2.org.uk

To apply for a shared ownership home, you will need to undergo a financial assessment.  This is to gauge if you are likely to qualify for one of these homes and to help you understand what share you could buy. To undergo the financial assessment, click on the link HERE which will take you to The Mortgage People 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***.

***Subject to meeting local connection criteria.

If there is anything else we can help with please do not hesitate to contact our helpful sales team at Sales@SevernHomes.co.uk

At a Glance

To those with a local connection to South Staffordshire Council, you could part own a brand new home on this development. To keep these homes available to local families in the future, the maximum percentage of the properties available for purchase is 80%.

Location

The location is suitable for families and commuters alike. Wolverhampton is less than 10 miles south and Stafford 11 miles north with easy access to Telford and Birmingham. The village is close to the M6, M6 toll, M54 and runs alongside the A5.

Number of Bedrooms: 

2

Type: 

House

Parking: 

Allocated parking

EPC: 

TBC

Address: 

Engleton Lane, Brewood, Stafford, Staffordshire, ST19 9FE

Further information

Measurements: 

All measurements are approximate.

Services: 

We are advised that mains electricity, gas, drainage and water are available.