Parklands Orchard (Whitminster) - 2 Bed Bungalows and 3 Bed Houses
Set on a small new development of just 31 homes in the quiet village of Whitminster, these Shared Ownership homes are within close distance of Gloucester, Stroud, Bristol and other transport links. The high spec homes will be fitted with an integrated oven, hob and extractor fan as well as vinyl flooring in the kitchen and bathroom and gardens will be fully turfed.
2x 2 Bed Bungalows are valued at £250,000 (available in March)
2x 3 Bed Houses are valued at £300,000 (available in April)
- Purchase a 40% share and rent the remainder (3 bed house will be a mortgage on £120,000 and monthly rent of £375 and 2 bed bungalows will be a mortgage of £100,000 and monthly rent of £312.50)
- Minimum savings required of £7,000 for deposit and associated purchase costs (2 bed bungalow)
- Must be in a position to raise a mortgage or the funds to purchase the share
- Household income must not be more than £80,000 p.a.
- You cannot already own a property but can have owned one before