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Bishop's Quarter

Sherburn in Elmet, Leeds LS25 6DP

Semi-detached
3 bedrooms

Prices from…

Shared ownership:	£56,250*

Check out our affordability calculator

CGI of Howarth house type at Bishop's Quarter

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Perfectly placed

Bishop's Quarter is our newest development offering brand-new homes available with shared ownership. Perfect for first-time buyers and young families, this is a great choice to get your foot on the property ladder.

Located in the idyllic town of Sherburn in Elmet, Bishop's Quarter is perfectly placed with excellent transport links to Leeds, York & Selby. With Sherburn in Elmet train station only a 12-minute walk away, getting around has never been easier! This thriving town has everything you need, from high-street shops, bars, and cafes to a weekly market and unique independent shops in the heart of town.

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Key features of Bishop's Quarter

Walking distance to Sherburn in Elmet train station
Wide range of shopping options, from convenience stores to supermarkets and weekly market
Be part of a new and thriving community
Available with shared ownership
Easily commutable to Leeds and York
Enjoy reduced running costs thanks to modern materials and building techniques used to deliver your new energy-efficient home

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Sale type

Shared ownership

Bedrooms

House type

Semi-detached

Plot 75

from£66,250*

Ripley

Work from home? The Ripley has you covered with a study!

Semi-detached

2 bedrooms

Home office

Separate living room

Your estimated monthly payments could be...

£733

Est. mortgage charge

£346

Rental cost

£387

View available plots

These prices are based on a 25 year mortgage term with a 5.5% mortgage interest rate. This is the same criteria which we use in our adverts. Your actual mortgage offer may be a bit different. As a guide you would be looking at around £346 a month for your mortgage repayment and £387 for your rent. This gives you a monthly cost of around £733. The figures are estimates and should be used for guidance only. There may be other costs you need to consider such as estate management fees, ground rent, service charges etc.

This calculator is provided for guidance only; Persona Homes does not offer mortgage advice. You will need to take advice from a suitably qualified adviser before applying for and agreeing to a mortgage. Your home may be repossessed if you do not keep up repayments on your mortgage. If you like what you see, contact us today so we can see if we can help you make your homeownership dreams a reality.

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What's around the area

Shared Ownership

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

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

Have a household income of under £80,000 (less than £90,000 in London)
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

* The full market value of these homes is from £225,000 but, with shared ownership, you could purchase an initial 25% share for just £56,250 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £2,813.