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The Chestnut

Augusta Drive, Dinnington, Tyne and Wear

3 bedroom house

From £829 a month with shared ownership

Living at Augusta Drive


The entrance porch opens into a spacious living room, leading to a bright and airy kitchen and dining room. The kitchen has integrated appliances, plenty of storage, and French doors leading to a good sized enclosed turfed rear garden. 

On the first floor there is a master bedroom with en-suite, a double bedroom, a single bedroom, as well as a family bathroom and an additional storage cupboard from the landing. 

Prices start from £239,995 but, with shared ownership, you could purchase a 25% share of your new home for as little as £59,999 and pay a rent on the remaining share. This means your total monthly payments could be as low as £829*. If you're buying with a mortgage you only need a 5% deposit for the amount you borrow, meaning your deposit could be as low as £3,000.* 



Features


  • Zanussi gas hob, electric oven and extractor
  • Integrated Zanussi dishwasher
  • Integrated Zanussi fridge-freezer
  • Integrated Zanussi washing machine
  • Fencing and turf to the rear garden
  • Beautiful bathroom, en-suite and cloakroom tiling
  • Off-street parking
  • An integral garage 



About shared ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

Shared ownership gives you the opportunity to get your foot on the property ladder at a price you can afford.

Requirements for shared ownership

You qualify for shared ownership if you:

  • Have a household income of under £80,000
  • Don’t currently own your home and can’t afford to on the open market
  • Can afford the minimum deposit
  • Pass an affordability check to make sure you can get a mortgage
*This is based on a 25% share (£59,999) of a 3 bedroom house valued from £239,995 with a 5% mortgage deposit (£3,000). The estimated monthly service charge is approximately £30.  The share you buy is dependent on your financial and personal circumstances. Photos are for illustrative purposes only and may be examples of previous developments.