The Cedars

Plot 067 - The Hazel

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

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  • Semi-detached
  • 3 bedrooms

Price from

£61,250* with shared ownership

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External image of the hazel

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About this home

With three bedrooms, the Hazel is one of our larger homes. The separate living area is ideal for relaxing or entertaining, while the open-plan kitchen and dining area is the perfect place to bring the family together and will be the real heart of the home.

The master bedroom comes with an en-suite and benefits from two windows flooding this space with natural light.

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Key features

  • Spacious, modern symphony kitchen
  • 2 parking bays
  • Handy downstairs cloakroom
  • Available with shared ownership
  • Appliances included
  • Ample storage

Floor plans

The hazel ground floor layout

Ground floor

Kitchen/dining room
5.96m x 3.04m
19ft 7″ x 10ft
Living room
5.96m x 2.94m
19ft 7″ x 9ft 8″
Total floor area
102.5m2
1,103.3sq. ft.
Kitchen/dining room
5.96m x 3.04m
19ft 7″ x 10ft
Living room
5.96m x 2.94m
19ft 7″ x 9ft 8″
Total floor area
102.5m2
1,103.3sq. ft.
First floor layout of the hazel

First floor

Main bedroom
5.96m x 3.71m
19ft 7″ x 12ft 2″
Bedroom 2
3.64m x 3.32m
11ft 11″ x 10ft 11″
Bedroom 3
3.15m x 2.58m
10ft 4″ x 8ft 6″
Bathroom
2.47m x 2.22m
8ft 1″ x 7ft 3″
En-suite
2.47m x 1.51m
8ft 1″ x 4ft 11″
Main bedroom
5.96m x 3.71m
19ft 7″ x 12ft 2″
Bedroom 2
3.64m x 3.32m
11ft 11″ x 10ft 11″
Bedroom 3
3.15m x 2.58m
10ft 4″ x 8ft 6″
Bathroom
2.47m x 2.22m
8ft 1″ x 7ft 3″
En-suite
2.47m x 1.51m
8ft 1″ x 4ft 11″

Home specifications

Kitchen

A stylish Symphony kitchen, including:

  • Hotpoint double oven

  • Hotpoint gas hob

  • Hot point chimney hood

  • Integrated washer/dryer, dishwasher and fridge/freezer

  • Stainless steel splashback

Image of kitchen

See how much your monthly payments could be...

With shared ownership plans, your share can only be between 25% - 75%.

%
25%75%
£
£
£
£

Years

Your estimated monthly payments could be...

£799

Est. mortgage charge

£377

Rental cost

£422

Register interest

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 £377 a month for your mortgage repayment and £422 for your rent. This gives you a monthly cost of around £799. 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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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 this home is £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.

Good to know

This is a summary of information about this property and what your ongoing costs are likely to be once you move in. Your sales host will be able to give you more information about this home.

  • Tenure: Leasehold
  • Council tax band: TBC
  • Lease length: 150 years
  • Service charge: TBC

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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