
Overview
2 Bedroom
4 Cherry Tree Drive, Yarm, Stockton on Tees TS15 9XZ
Details
RESERVED
Two-bedroom semi-detached house, block paved drive with space for two cars.
Shared ownership: £50,000 for a 25% share
Find out more about shared ownership
Ground floor
Entrance hall: Large spacious entrance hall
Lounge: Spacious lounge with large feature window and storage cupboard and WC.
Kitchen: Modern open plan kitchen/dining space. Howdens Greenwich fitted kitchen with integrated Zanussi appliances, including fridge/freezer, single oven, electric hob, extractor fan and stainless-steel sink. Patio doors lead to the rear garden.
First floor
Master bedroom: Large master bedroom with two feature windows. The size of the room allows for a variety of furniture arrangements.
Bedroom 2: Double bedroom
Family Bathroom: Modern bathroom featuring full height tiling around the bath with shower over and glass screen, chrome towel rail and light/heated mirror.
Outside
Gardens: Front and rear lawned gardens with boarded fence and lockable gate.
Parking: Block paved drive with space for two cars.
Call today to view this stunning home: 01609 531314
Email: salesenquiries@mulberryhomesyorkshire.com
Our sales office is open every day from 10am to 5pm (Thursday until 8pm)
If you would like to enquire about a development or one of our homes, please complete the enquiry form below. For details on how we will process your information please refer to our privacy policy: https://mulberryhomesyorkshire.com/privacy-policy
Enquiry formFloor Plan - The Ripley
Floor plans may vary slightly for each home.
Shared Ownership Details
Shared Ownership Information
Shared ownership lets you buy a share of your home, usually between 10% and 75%, to make it more affordable for you to get onto the property ladder.
This means you will pay a mortgage on the share that you've bought and rent on the percentage you haven’t bought.
Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by Broadacres Housing Association.
Property Details
The Ripley
Full Market Value £200,000
990 year lease ( New Model Lease )
The table below shows example of percentages and rent and is for illustration purposes only.
Share |
Share Purchase Price |
Weekly Rental From £ |
Weekly Service/Estate charge |
25% |
£50,000 |
£79.33 |
£3.11 |
30% |
£60,000 |
£74.04 |
£3.11 |
40% |
£80,000 |
£63.46 |
£3.11 |
50% |
£100,000 |
£52.88 |
£3.11 |
60% |
£120,000 |
£42.31 |
£3.11 |
75% |
£150,000 |
£26.44 |
£3.11 |
You'll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home.
If you buy the home, the fee will be taken off the final amount you pay on completion. If you do not buy the home, the fee is refundable at Broadacres discretion.