Adams Way, Skipton BD23 6FS, BD23 6FS
About this home
Property Details: • Type: Semi-Detached • Tenure: LEASEHOLD • Floor Area: N/A
Key Features: • 2 double bedrooms and a good sized single • Contemporary kitchen diner with integrated fridge freezer, dishwasher, washing machine, oven & hob and French doors to the patio • Spacious lounge • Private rear patio and garden • Downstairs cloakroom • Floor coverings to the kitchen, bathroom and cloaks • Driveway parking for two cars • Secure with a refundable deposit of £350 • Shares available from 40% to 75% dependent on affordability • Full ownership available in the future
Location: • Nearest Station: Skipton Station • Distance to Station: 1.2682575020934581 miles
Agent Information: • Address: 2nd Floor Balfour House 46-54 Great Titchfield Street London W1W 7QA
Full Description: <p>Ideally located for town, country and a wide range of local amenities, <strong>Crookrise</strong> offers two 3 bedroom semi-detached plots on a shared ownership basis, presenting the perfect layout in a beautiful surrounding.</p><p>Handily located at The Bailey, near to where the A65 meets the A6131, a desirable location on the edge of the urban area, and therefore on the fringe of open countryside. A great selection of amenities can be found close by with the market town of Skipton approximately 1 mile away offering a fantastic range of local and independent shops.</p><p>The Crookrise development benefits from a train station only a five-minute drive away offering good connectivity to the larger West Yorkshire cities of Leeds and Bradford.</p><p><strong>** A local connection to the Parish of Skipton is an eligibility requirement for this development - please contact us for further information**</strong></p><p><strong>Shared Ownership - How It Works and How You Start The Application Process</strong><br /><br />Shared Ownership allows you to buy a share in a new home, ranging from 40%* to 75%, depending on what you can afford (*please note, buyers are required to purchase the optimum % share that is affordable for them). Progress Housing will own the remaining share, and you pay a reduced rent on that share. This means that you will need a smaller deposit and mortgage than if you bought a property outright. Generally, you are able to buy a bigger property than you may otherwise be able to afford.<br /><br />You can buy more shares as and when you can afford them - this is called staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all. Your repayments could be less than renting privately.<br /><br />The current service charge is approx. £48pcm and is payable for maintenance of any common areas and to cover buildings insurance.<br /><br />As a home owner, and in accordance with the terms of your lease, you will be responsible for the maintenance and repairs on your home. However, as it is a new build your property comes with a 10-year NHBC warranty and many of the appliances will have a 2-year manufacturer's guarantee giving you peace of mind.<br /><br />Progress Housing will refer you for an initial affordability assessment to determine the % share that is affordable for you both now and in the long term. </p><p>Below is an indication of the price of various shares and the rent payable on the unpurchased equity.</p><p><strong>Price & Rent Calculator - 3 bed semi-detached with an open market value of £330,000:</strong></p><p>40% share price £132,000 and rent of £453.75pcm</p><p>50% share price £165,000, and rent of £378.13pcm</p><p>60% share price of £198,000, and rent of £302.50pcm</p><p>75% share price of £247,500 and rent of £189.06pcm</p><p>Ideally located for town, country and a wide range of local amenities, <strong>Crookrise</strong> offers two 3 bedroom semi-detached plots on a shared ownership basis, presenting the perfect layout in a beautiful surrounding.</p><p>Handily located near to where the A65 meets the A6131, a desirable location on the edge of the urban area, and therefore on the fringe of open countryside. A great selection of amenities can be found close by with the market town of Skipton approximately 1 mile away offering a wide range of local and independent shops.</p><p>The Crookrise development benefits from a train station only a five minute drive away which offers good connectivity to the larger West Yorkshire cities of Leeds and Bradford.</p><p><strong>** </strong>Please note, a local connection to Skipton is an eligibility requirement for this development - contact us for further information<strong> **</strong></p><p><strong>Shared Ownership - How It Works and How You Start The Application Process</strong><br /><br />Shared Ownership allows you to buy a share in a new home, ranging from 40%* to 75%, depending on what you can afford (*please note, buyers are required to purchase the optimum % share that is affordable for them). Progress Housing will own the remaining share, and you pay a reduced rent on that share. This means that you will need a smaller deposit and mortgage than if you bought a property outright. Generally, you are able to buy a bigger property than you may otherwise be able to afford.<br /><br />You can buy more shares as and when you can afford them - this is called staircasing - and as you buy more shares, you will pay less rent. You can eventually own 100% of the property if you want to, at which point you will pay no rent at all. Your repayments could be less than renting privately.<br /><br />The current service charge is approx. £48.52pcm and is payable for maintenance of any common areas and to cover buildings insurance.<br /><br />As a home owner, and in accordance with the terms of your lease, you will be responsible for the maintenance and repairs on your home. However, as it is a new build your property comes with a 10-year NHBC warranty and many of the appliances will have a 2-year manufacturer's guarantee giving you peace of mind.<br /><br />Progress Housing will refer you for an affordability assessment to determine the % share that is affordable for you now and in the long term.</p><p>Detailed below is an indication of the price of various shares and the rent payable on the unpurchased equity.</p><p><strong>Price & Rent Calculator - 3 bed semi-detached with an open market value of £330,000:</strong></p><p>40% share price £132,000 and rent of £453.75pcm</p><p>50% share price £165,000, and rent of £378.13pcm</p><p>60% share price of £198,000, and rent of £302.50pcm</p><p>75% share price of £247,500 and rent of £189.06pcm</p><p> </p>