£120,000
3 bed semi-detached house for saleCholstrey Road, Leominster HR6
3 beds
2 baths
1 reception
About this property
Kitchen to the Rear of the Home
Utility Room
Master EnSuite
Staircasing up to 100%
2 Parking Spaces
Under First Time Buyer sdlt Criteria
Close To Amenities
Enquire Today To Learn More About Shared Ownership
Available through Shared Ownership, The Galloway is a welcoming three-bedroom home designed to suit a variety of lifestyles. Whether you're taking your first step onto the property ladder, need more room for a growing family or are simply looking for a modern and energy-efficient home, The Galloway offers a layout that is easy to live in and enjoy
description
The ground floor centres around a bright kitchen and dining area that naturally becomes the hub of the home. Whether it's family meals, catching up over a coffee or helping with homework at the kitchen table, this is a space designed for everyday moments. French doors lead directly to the rear garden, helping to create a light and welcoming atmosphere throughout the year.
A separate living room provides a cosy space to relax at the end of the day, allowing household members to enjoy different activities without competing for the same room. The layout creates a good balance between open family space and quieter areas to escape to when needed.
The addition of a utility room is a feature many buyers quickly come to appreciate. Along with the downstairs WC, it's one of those practical details that makes daily life that little bit easier.
Upstairs, the master bedroom benefits from its own en suite shower room, while two further bedrooms provide options for children, guests, home working or hobbies. The family bathroom serves the remaining accommodation and helps ensure the home remains functional as family circumstances change over time.
For buyers looking for a home that's straightforward, comfortable and easy to live in, The Galloway offers an attractive combination of modern design, practical features and long-term flexibility.
What Is Shared Ownership?
Shared Ownership is a government-backed scheme designed to help people who cannot afford to buy a suitable home outright.
It's often described as part-buy, part-rent:
"You buy a share of your home (usually between 10% and 75%)
"You pay rent to the housing association on the share you don't own
"You're an owner-occupier and hold a lease on the property
Benefits Of Shared Ownership
A lower deposit and mortgage compared to buying outright
The opportunity to increase your share over time (known as Staircasing)
More security than private renting
The chance to benefit if your home increases in value
Shared Ownerhsip Eligibility:
Shared Ownership Eligibility:
Your household income is £80,000 or less
You cannot afford to buy a suitable home on the open market
You have a good credit history and enough savings for a deposit (usually 5-10% of the share you're buying)
You can afford the ongoing costs of owning a home
Existing homeowners may still be eligible, but you'll normally need to be selling your current home and show that it doesn't meet your needs.
Pricing Example
Full market value - £300,000
Share price based on 40%
Share price - £120,000
Estimated Rent per month (inclusive of service charges) £492.50
Lease term 999 years
Minimum deposit required £5000
Measurements:
Lounge - 16'9" x 10'3"
Kitchen/Dining - 16'10" x 8'7"
Bedroom 1 - 9'10" x 9'4"
Bedroom 2 - 10'2" x 7'8"
Bedroom 3 - 10'2 x 8'9"
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Mortgage calculator
£600 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (999 years)
Service charge
£960 per year
Council tax band
Ground rent
£0
Ground rent date of next review



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