Buy a 40% share and get on the property ladder with low upfront cost.
Three bedrooms with main en-suite and family bathroom
A practical first step on the ladder, this three-bedroom home offers modern living space with low initial outlay through shared ownership. The open-plan kitchen/dining room and French doors to a private rear garden create a sociable ground floor, while a spacious lounge, downstairs WC and an en-suite to the main bedroom add everyday convenience.
Built as a new home and covered by a 10-year NHBC warranty, the property includes PV panels and allocated off-street parking, helping to reduce running costs. At about 947 sqft, the layout suits couples or young families seeking contemporary finishes and easy access to local green spaces and transport links in Consett.
Important practical points: this sale is for a 40% share priced at £86,000 (full market price £215,000). Tenure is leasehold/shared ownership with approximately 990 years remaining and a service charge of £135 per month. Applicants must meet shared ownership eligibility criteria and pay a reservation fee; terms and conditions apply.
While ideal for first-time buyers, you should factor in ongoing service charges, rent on the unsold share and shared-ownership rules (staircasing, resale covenants). Some images and details are marketing material (CGIs) and final finishes, window positions and external treatments may vary between plots.