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Castleworks, Stafford (Part of Bagnall Meadows) - 3 bedroom open plan semi detached houses

3 bedroom semi-detached houseShared ownership £75,250

  • Description
    Platform Home Ownership are pleased to announce a selection of newly built 3 bedroom semi detached houses available now at Castleworks in Stafford. We are working with St Modwen Homes on their Bagnall Meadows development close to the town center.The county town of Stafford boasts a large variety of shops and supermarkets along with a selections of gyms, a leisure centre, cinema, library and parksPrices starting from £75,250 for a 35% share with alternative shares available. Rent and service charge payable depending on share purchased and full property value.All 3 bedroom homes come with a modern fitted kitchen with integral oven, hob & extract, downstairs Cloaks, 3 bedrooms and ensuite to master.Contact us now to register your interest and receive a brochure.NEXT STEPS;1. Please note that all shared ownership applications have to be approved by a 'Help to Buy' agent before we can formally offer a property. If you've not already done so, you can register your application online at Please include details of the property / development you are interested in and ask to be nominated to Platform Home Ownership.If you have already registered with Help to Buy, please provide your application number.2. Once you have passed the affordability assessment, we will then contact you to discuss the reservation process and you can then pay a reservation fee to reserve your chosen plot. The reservation fee is £250.00.Shared Ownership is a fantastic opportunity for those who want to get a foot on the property ladder but can't afford to buy a home on the open market. It allows you to buy a share in a brand new leasehold property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. After the initial purchase it is possible to buy further shares and eventually own these properties outright.We will offer shares for sale normally between 25-75% of the property depending on how much you can afford to purchase and charge rent on the remaining share. The bigger the share you buy, the less rent you have to pay. You will need to be able to raise a mortgage for the share you want to purchase unless you have sufficient money to enable you to purchase without. The combined cost of mortgage and rent is often cheaper than privately renting in the area.Am I eligible?Shared Ownership uses the following criteria to help people to get a foot on the housing ladder:- Maximum annual household income of £80,000.- Unable to purchase a home suitable for your needs.*Please note some images are typical and should be used as a guide only
  • Share values and rent
    % Share Price Monthly Rent
    25% £53,750 £369.53
    30% £64,500 £344.90
    35% £75,250 £320.26
    40% £86,000 £295.63
    45% £96,750 £270.99
    50% £107,500 £246.35
    55% £118,250 £221.72
    60% £129,000 £197.08
    65% £139,750 £172.45
    70% £150,500 £147.81
    75% £161,250 £123.18
  • Floor plans and EPCs
    castle-works-stafford 1 MB
  • Ask for details

    Please contact Platform Home Ownership - East: email salesteameast@platformhg.com, call 0345 450 3995 or fill in the form below

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