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Castleworks, Stafford (Part of Bagnall Meadows Development)- 3 bedroom mid terraced houses

3 bedroom terraced houseShared ownership £72,625

  • Description
    Platform Home Ownership are pleased to announce these 3 bedroom mid terraced houses available now at Castleworks (Part of St Modwens Bagnall Meadows Development) in the center of Stafford.These homes provide modern open plan living to the ground floor with fitted kitchen, downstairs cloaks & french doors leading to the rear garden with 3 good sized bedrooms, a family bathroom and ensuite shower room to master bedroom on the first floor.10 & 13 Trubshaw Close - 3 bedroom mid terrace house - From £72,625 for a 35% share with a monthly rent of £309.09 plus service chargeWe are working with St Modwens Homes at their Bagnall Meadows Development in the heart of Stafford. The county town of Stafford boasts a range of amenities including shops, schools, a leisure center, library and bars & restaurants. With excellent road and rail links to many nearby towns & cities.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% £51,875 £356.64
    30% £62,250 £332.86
    35% £72,625 £309.09
    40% £83,000 £285.31
    45% £93,375 £261.54
    50% £103,750 £237.76
    55% £114,125 £213.98
    60% £124,500 £190.21
    65% £134,875 £166.43
    70% £145,250 £142.66
    75% £155,625 £118.88
  • 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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