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Stokes Manor, Northgate, Leyland, PR25 - LAST ONE REMAINING

Shared ownership

3 bedroom

stokes manor
stokes manor


Property Address
Stokes Manor, Northgate, Leyland, PR25

Stokes Manor is a medium sized new build development in an established residential area of Leyland. It is well placed for the town centre and train station which is a 5 minute walk away. The estate benefits from excellent local amenities including schools. independent shops and supermarkets nearby. 

The development offers 7 x three bed semi-detached and mews homes available to purchase from 40% - 75% on Shared Ownership. (please note the price of £82,500 represents a 50% share) The specification on all properties is extremely high including contemporary kitchens and bathrooms. The ground floor comprises, lounge/dining room, kitchen and ground floor cloakroom and WC. Upstairs there are three good sized bedrooms and family bathroom which includes an electric shower over the bath. Externally each property benefits from two allocated parking bays and rear turfed gardens. The properties will be available for occupation from July 2018. 

Accommodation 

Entrance hall 
The entrance hall provides access to the kitchen, lounge diner and ground floor cloakroom with WC. 

Lounge 17'5" x 14'9" (11'4" at narrowest point) 5.32m x 4.49m (3.46m at narrowest point 
with UPVC window and patio doors to the rear garden. 


Kitchen 12'4" x 7'7" (3.76m x 2.4m) 
The kitchen benefits from a stylish kitchen with fully integrated oven, hob and extractor fan. There is a space for a fridge freezer and the property is also plumbed for an automatic washing machine. Good quality floorcovering is provided to the Kitchen area. 

Cloakroom / Toilet 
Ground floor cloakroom with toilet and wash hand basin, floor coverings fitted to this room. 

Master Bedroom 14' 9" x 10'2" (4.49 x 3.10) 
Large double bedroom with 2 x double glazed windows and views to the front of the property. 

Bedroom two 13' 0" x 7' 2" (3.96m x 2.18m) 
Good sized twin room with double glazed window with views over the rear garden. 

Bedroom three 9'10"x 7'2" 2.99m x 2.18m 
Generous single bedroom with double glazed windows overlooking the rear garden 

Bathroom 
Comprises of a modern white three piece suite with shower over the bath, pedestal wash hand basin and toilet finished with complimentary tiling and floorcovering. 

Externally the properties have two allocated parking spaces to the front and private turfed and fenced rear gardens. 

Dimensions indicated are for guidance only and are not intended to be used for sizing, ordering appliances, furniture, carpets or curtains. 

Shared Ownership - How It Works And How You Start The Application Process. 

Shared Ownership allows you to buy a share in a new home, ranging from 40% to 75%, depending on what you can afford. Progress Housing will own the remaining share, and you pay a reduced rent on that share. 

This means that you will need a smaller mortgage to buy the property, and will also need a smaller deposit. You can buy more shares as and when you can afford them - this is called Staircasing - 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* 

A service charge of £20.00 pcm is payable for maintenance of any common areas and to cover buildings insurance. (this is to be confirmed) 

As a home owner, 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 guarantee and many of the appliances will have a 2 year manufacturers guarantee giving you peace of mind. 

You can apply to buy one of these homes by filling in an online application form on the Help to Buy North West website where the properties are listed. www.helptobuynw.org.uk 
Progress Housing will undertake an affordability assessment with you and can provide details of Independent Financial Advisors who can assist with obtaining a mortgage. 

Detailed below is an indication of the price of various shares and the rent payable on the unpurchased equity. 

Price & Rent Calculator - Semi Detached Full Value £165,000 - 

40% share price £66,000 and rent of £226.88pcm 
50% share price £82,500 and rent of £189.06pcm 
60% share price £99,000 and rent of £151.25pcm 
75% share price £123,750 and rent of £94.53pcm

 

View on Rightmove

  • Pets Allowed
  • Garden
  • Close to train station
  • Fitted kitchen
  • Off road parking
  • Close to town centre and amenities
You are enquiring about: Stokes Manor, Northgate, Leyland, PR25 - LAST ONE REMAINING