Glenvale Park R10, Wellingborough

A fantastic opportunity to purchase a brand new two bedroom home via Stonewater for Shared Ownership on the 'Glenvale Park' development. Shares available to purchase from 40% at £122,000 with a monthly rent of £419.38 and a minimum deposit required of £6100.

Stonewater with United Living Homes are offering a fantastic selection of Shared Ownership homes at Glenvale Park, comprising a mixture of two & three bedroom homes.

To support Stonewater’s environmental commitments and ensure low carbon emissions, the completed houses on the development will be powered entirely by air-source heat pumps and Stonewater will also be providing electric vehicle (EV) charging points including two car parking spaces and a turfed rear garden to each home.

Price example :

Open Market Value - £305,000
40% Share - £122,000
Monthly Rent - £419.38
Monthly Service Charge - £36.41
Minimum deposit required - £6100

Lease Term = 990 years

About Glenvale Park:
Glenvale Park is a brand-new neighbourhood for Wellingborough, conveniently located for easy access to transport links to local towns and major cities. Plans include two new primary schools, a community hub, local shops, and green spaces with additional trees and public art for new residents and the local community.

Glenvale Park is well placed for travel, being conveniently located for the A6 and A45. Neighbouring towns such as Kettering and Northampton are easily accessible by car as are both the A1(M) and the M1 motorways. Luton Airport is 45 miles away via the A508 and the M1. Direct services of 55 minutes travelling time run into London St Pancras International from Wellingborough station; cities to the north including Leicester and Nottingham are 38 minutes and 60 minutes away respectively.

Shared Ownership Criteria
Be over 18 years old and live permanently in the UK
Have a combined annual household income under £80,000, or £90,000 in London
Not own a property, or part of a property, at the time of buying
Have a good credit history and be able to obtain a mortgage
Be unable to purchase a home suitable for your needs on the open market

The Surrounding Area:
Nearby Wellingborough is a bustling town located in the south east corner of Northamptonshire.
As one of the county's oldest recorded towns Wellingborough is listed in the Domesday Book & today offers a relaxed, market-town atmosphere surrounded by beautiful open countryside.

The town is home to a variety of pubs, bars & restaurants as well as shops. The Swansgate Centre shopping mall in the town centre, for example, hosts many well-known high street stores including Boots and Superdrug. Nene Court Shopping Village, also in the town centre, is home to a variety of independent shops, cafes and businesses set within former Victorian gasworks buildings. Wellingborough's general market takes place every Wednesday, Friday & Saturday in the Market Square with an additional bric-a-brac market being held every Tuesday. Closer to home, everyday shopping needs are catered for by a local Tesco Express; Wellingborough also has several edge-of-town superstores including Sainsbury's, Morrisons & Tesco.

Exercise enthusiasts are well served by the Redwell Leisure Centre, a short walk from the development. The Centre offers a gym, a studio, squash courts & runs a variety of exercise classes including aerobics & yoga.

Wellingborough is surrounded by glorious open countryside including several popular country parks.
Nearby Sywell Country Park has a 67-acre lake popular with anglers & is ideal for wild water swimming. Slightly further afield is Stanwick Lakes, a 750-acre nature reserve with more than seven
miles of walks, cycle tracks, a heritage trail & picnic areas.

Wellingborough is well known for its schools which include Wellingborough School, one of the UK's
oldest. The town also boasts a 100% Ofsted rating of either 'Good' or 'Ouststanding' for all of its secondary schools. Schools close to the development include Redwell Primary School, an Academy for ages 4-11 years rated 'Good' by Ofsted. Nearby Sir Christopher Hatton Academy for pupils aged 11-18 years boasts an 'Outstanding' rating.

Agents Notes:
- Please note that all sales particulars and images are for marketing and illustrative purposes only.
- Plans may contain elements which are not present upon the final completion of the property.
- All room dimensions are approximate and are for general guidance only.