The Cedars

Aspen Close, Birtley, Chester-le-Street DH3 1FE

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  • Semi-detached
  • 3 bedrooms

Prices from…

Shared ownership:£61,250*
Street scene of The Cedars houses

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Perfectly placed

Conveniently located on the edge of Birtley and close to the famous Angel of the North, The Cedars is a collection of semi-detached two- and three-bedroom homes, available with shared ownership. There’s a great range of local amenities right on your doorstep and you’re in a great location for commuting too, with the A1 and A19 not too far away.

We have now reserved all our homes but we do have more coming to market very soon. Register to your interest to be the first to find out more!

Key features of The Cedars

  • Easily commutable to Gateshead, Newcastle, Sunderland and Durham
  • Access to the stunning Northeast coastline
  • Local schools with "good" Ofsted rating
  • Available with shared ownership
  • Be part of a new and thriving community
  • Wide range of shopping options, from convenience stores to supermarkets and the Intu Metrocentre

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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 £245,000 but, with shared ownership, you could purchase an initial 25% share for just £61,250 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 £3,063.

Keen to find out more?

Whether you’d like to book a viewing or simply have a quick introductory chat, our helpful advisory team would love to hear from you.

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