As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £41,250 and a deposit as little as £2,063!
Shared Ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. Thirteen own part of it - but you're living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people and you can also carry on buying shares to own your home 100%!
With so much close to home, and all within walking distance, if you’re looking for convenient modern living, this location ticks all the boxes. You’re just a few minute’s walk from all the amenities of Peterlee. The local supermarkets, including a large Asda and Aldi are just 12 minute’s walk or 2 minutes by car. Castle Dene Shopping Centre, with over 80 outlets, is half a mile or just a 10 minute walk away. Here you’ll find a great choice of stores, including Argos, Boots, New Look and more. Plus, there are banks, coffee shops and lots of places to grab a bite to eat, like the local pub, The Five Quarters.
Also, within walking distance is the local Peterlee Leisure Centre. If you love living an active lifestyle, this place is for you. There’s a gym, swimming pool, sports hall and lots of free parking. Nature lovers will also love how close to home the stunning Castle Eden Dene Nature reserve is. A 10 minute walk away, this Site of Special Scientific Interest is a series of deep ravines and is the largest area of semi-natural woodland in the north-east of England. And if you do fancy jumping in the car or on a bus, Durham, Sunderland, Newcastle and Middlesbrough are all easy to get to.
With vibrant cities, stunning coastline, a rich local heritage and areas of outstanding natural beauty on the doorstep, you’ll always have lots of ways to spend your free time. The famous Durham Heritage Coastline is just a mile away and its stunning National Nature Reserve 2.5 miles away. Packed with natural and historical highlights around every headland, it is a great place to explore and enjoy the fresh sea air. The popular coastal town of Seaham is a 15 minute drive away.
This well-connected development is just minutes from the A1086 Coast Road and near the A19 for Sunderland and Middlesbrough. The nearby bus stops on Yoden Way provide regular services to Durham, Sunderland and the local area.
This 3 bedroom home is perfect for those looking to get onto the housing ladder and is suitable for singles, couples and families a like.
The Mulberry features:
Spacious entry hallway Modern fitted kitchen with french doors Dining area Spacious living room with gorgeous bay window Downstairs WC Under stairs storage Two double bedrooms Generously sized single bedroom Family bathroom En-suite to master bedroom Further storage space Estimated monthly finances on The Mulberry:
25% share: £41,250 5% deposit: £2,063 Total rent (pcm): £315 *Please note photography shown is for illustration purposes. Share offered is dependant on individual financial situation and may differ from those shown. 5% typical deposit required by mortgage lender, when mortgage is required. Actual deposit may vary based on lender and personal circumstances.
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