£52,500
1 bed flat for saleThorpe Willoughby, Selby YO8
1 bed
1 bath
1 reception
Added on
About this property
70% shared ownership
£0 rent on remaining 30% share
Over 55s only
One-bedroom apartment
Bright and spacious living area
Peaceful village location in Thorpe Willoughby
Eligibility and affordability criteria apply
Situated in the popular village of Thorpe Willoughby, this well-presented one bedroom apartment offers comfortable and affordable living within a peaceful residential setting, ideal for those seeking a quieter lifestyle.
The property features a bright and spacious living and dining area, a well-appointed fitted kitchen, well-proportioned bedroom, and a modern bathroom, all arranged in a practical and easy-to-maintain layout.
Offered on a 70% shared ownership basis, this home benefits from the significant advantage of £0 rent on the remaining 30% share, making it an exceptionally attractive and cost-effective option. Buyers may also have the opportunity to purchase additional shares where eligible, subject to scheme terms.
This property is available to applicants aged 55 and over only, and eligibility criteria apply, including:
- Household income of £80,000 or less
- Applicants must be unable to afford the full deposit and mortgage costs for a suitable home
- Applicants must meet one of the following: First-time buyer, former homeowner unable to re-enter the market, forming a new household, existing shared owner looking to move, or current homeowner unable to afford an alternative suitable property
- Applicants who own a home must have completed the sale prior to completion
- Financial and credit checks will be required to assess affordability and sustainability
Located in a well-connected village with access to local amenities, green spaces, and transport links to nearby towns, this property offers a rare opportunity for affordable homeownership in a desirable setting.
A fantastic opportunity for eligible buyers seeking a secure, affordable home with minimal ongoing housing costs-early viewing is highly recommended.
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More information
Tenure
Leasehold (99 years)
Service charge
£59 per month
Council tax band
Ground rent
Ground rent date of next review
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