This brand new 3 bedroom property is situated in the beautiful countryside village, Sadberge.
The property boasts a brand new fully-fitted kitchen, a spacious living room with double doors overlooking its own back garden.
Upstairs features three bedrooms that all benefit from natural light and a brand new family-sized bathroom.
The property includes allocated parking alongside a path following the front of the house with easy access into Sadberge village.
Whilst the property is situated in the heart of the north’s countryside, Darlington train station is approximately 10 minutes away. Also, Sadberge is included in the Tees flex service connecting you to all destinations within the region.
What is Discount Market Value?
This is where the buyer purchases 100% of the property including the freehold but at a % discount to Market Value. This % is dictated by the Local Authority. For this property it is 30% discount to market value There is a restriction on the title of the property that if the purchaser was to sell on their property in the future then they would need to get it valued at the point of sale then sell it on at the same % discount for which they purchased it. This applies to all future buyers to ensure the property is affordable in perpetuity.
Key features of Discount Sale
* The price quoted is the purchase price you will have to pay.
* You own your home (including the freehold) from Day One.
* There are no further payments to make to Hellens Residential.
* When / If you sell your home in the future you must sell it on at the same discount to market value at which you purchased it. The market value is taken at the time of the future sale.
Eligibility
* You must have a household income of less than £80,000 per annum.
* Have a deposit for the property.
* Be in employment and qualify for a mortgage.
* Be aged over 18 and have a bank, Post Office or building society account.
* Have savings or equity of less than £150,000 after you have purchased the home.