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Readwald Drive

Readwald Drive
**50% SHARED OWNERSHIP** . Available early 2020. Includes two Double bedrooms and a single bedroom, off road PARKING, DINING KITCHEN with OVEN & HOB. An affordable way to BUY YOUR OWN HOME in stages.

50% Shared Ownership semi -detached houses for £80,000 being built by Dukeries Homes.

Monthly rent on remaining share is £183.33. There will be a monthly service charge to pay of £37.71. There is no ground rent to pay.

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Households earning less than £80,000 a year, first time buyers and previous homeowners who need help to buy are eligible to apply.

How to Apply:

Apply online at:

Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 50 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards you deposit on completion.

The properties are sold on a 125 year shared ownership lease.

House Specification

• A selection of contemporary wall and base units
• Integrated stainless steel gas hob, electric oven
• Extractor Hood
• Vinyl Flooring

• White bath suite
• Shower over bath
• Tiled to full ceiling around bath
• Vinyl flooring

• Gas central heating combi boiler
• Double glazing
• Downstairs cloakroom with w/c and wash-hand basin

• Enclosed turfed rear gardens to houses
• Off street allocated parking

PEA rating: B