Pheasant Way, Eastfield, Scarborough £95,000

Offered to the market with no onward chain, this 50% shared ownership three bedroom semi detached home is situated within the popular Middle Deepdale development, providing an excellent opportunity for first time buyers and growing families.

Property Description
The accommodation is well presented throughout and comprises a welcoming entrance hall, a convenient downstairs WC, a modern fitted kitchen diner, and a spacious living room to the rear of the property. The living room is flooded with natural light and features French doors opening onto the enclosed rear garden.

To the first floor are three well proportioned bedrooms, including a principal bedroom benefitting from its own en-suite shower room. Completing the first floor is a modern family bathroom, serving the remaining bedrooms.
Externally, the property enjoys an enclosed rear garden, together with two allocated parking spaces providing convenient off-road parking.

Available on a 50% shared ownership basis and offered for sale with no onward chain, this is a fantastic opportunity to step onto the property ladder with a modern, well-appointed home. Early viewing is highly recommended.

Location
Situated on the popular Middle Deepdale development in Eastfield, the property is ideally positioned close to local schools, shops, supermarkets and excellent transport links, while Scarborough town centre and the picturesque Yorkshire coastline are just a short drive away.

Entrance Hall (3.88 x 0.95 (12'8" x 3'1"))

Kitchen/Diner (4.79 x 2.75 (15'8" x 9'0"))

Living Room (3.13 x 4.89 (10'3" x 16'0"))

WC (1.79 x 0.84 (5'10" x 2'9"))

Bedroom (2.65 x 2.71 (8'8" x 8'10"))

Ensuite (2.28 x 1.45 (7'5" x 4'9" ))

Bedroom (2.84 x 2.74 (9'3" x 8'11"))

Bedroom (3.12 x 2.04 (10'2" x 6'8" ))

Bathroom (1.72 x 2.06 (5'7" x 6'9"))

General Eligibility
Home Reach is aimed at helping people who can’t afford to buy a suitable property on the open market. Purchasers are subject to eligibility and affordability requirements.

The general eligibility criteria for Home Reach are as follows:

Buyers must be at least 18 years old
Buyers must have a total household income under £80,000 (£90,000 in London)
Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information)
Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land and any other financial investments
Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment
Self-employed buyers must be able to provide 2-years evidence of their income
Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator
Household minimum income must be above £12,000

Shared owners must be first time buyers or:

Not currently own a home suitable for their housing needs
Sell a home not suitable for their housing needs before buying shared ownership
Own a non-residential property that provides their main income source

Buyers must have good credit history and must not have (for more information on acceptable credit for Home Reach please refer to the credit policy):

A mortgage or rent arrears
Other bad debts
County Court Judgements
Buyers must have a minimum 5% deposit towards the share they are purchasing

Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000). This may include:

Legal fees
Stamp Duty Land Tax where applicable
Mortgage application fees
Valuation fees and any associated moving costs

Further information can be found at www.homereach.org.uk/general-eligibility

Tenure
50% Shared Ownership
Leasehold
Monthly Rent: 304.69 per month
Buildings Insurance: £11.81 per month
Leasehold Management Fee: £27.41 per month