Ashbourne Road, Ashbourne, DE6

The Property
Key features:

Newly built - only 2 years old
Shared Ownership
2 Double Bedrooms - one currently being used as a home office
25% share advertised is subject to eligibility & criteria
Full Market Value £230,000
2 Parking Spaces
No onward chain

This beautifully presented house, located in the desirable Flagshaw Pastures development, is only 2 years old and has been meticulously maintained. Decorated to a high standard, this property offers modern living in the quintessential English village of Kirk Langley.

Kirk Langley exudes charm with its small primary school, village hall, cricket club, and The Bluebell pub, all contributing to the village’s quaint atmosphere. Despite its peaceful setting, the village is just 5 miles northwest of Derby city centre. Here, you'll find a wide range of amenities, including Derby University, Royal Derby Hospital, the bustling Derbion shopping centre, and an array of supermarkets, cafes, restaurants, and nightlife options. Derby is also home to the historic Derby County Football Club.

For those who appreciate a tranquil lifestyle, the market town of Ashbourne is only a 9-mile drive along the A52, offering a charming high street filled with independent eateries. The stunning Peak District National Park, just an 18-minute drive away, provides access to picturesque villages, breathtaking scenery, and numerous walking routes.

Commuting is made easy with the A52 providing direct access to Derby. Trent Barton's 'Swift' bus line serves Kirk Langley hourly from Moor Lane, offering quick links into the city within 15 minutes, as well as to the Staffordshire town of Uttoxeter within an hour. Derby Railway Station, located 6 miles east of Flagshaw Pastures, offers services to Birmingham New Street with journey times starting from 39 minutes, making this an ideal location for both work and leisure.



Shared Ownership
Guidance Notes for Purchaser Eligibility.

Applicants would be considered eligible if they fall within the following groups (this list is not exhaustive):
o Council tenants and housing association tenants.
o Those who can avoid the need for social tenancies, for example those on housing waiting lists and considered by Local Authorities to be in priority housing need.
o Those that will address housing problems in local and regional housing markets, for example key workers and then other first-time buyers.
o We will consider applications from people who have previously owned their own home if they:

- previously owned a home with a partner and that relationship broke down.
- need to move into an area because of their job and are unable to afford to buy outright.
- are shared owners whose income has fallen, and they could only stay as homeowners by moving to a smaller, cheaper home.
- are shared owners whose family has grown but who are still unable to afford to buy outright.

AND the applicant must meet all the following criteria:

o In the opinion of Places for People can afford to purchase the property and sustain ongoing housing costs.
o Have savings or access to funds that will cover the initial costs of buying, such as mortgage product fee; legal fees; survey and valuation fees; deposit on exchange of contract; and stamp duty.
o Be in permanent or fixed term employment.
o Aged 18 or over.
o Have a bank account.
o Have a maximum annual income of £80,000 (or, in London £90,000).

We will require information/evidence to accompany an application to demonstrate how the purchase of the property will be funded.

Property ownership information

Tenure: Shared ownership

Percentage share owned: 25%

Additional monthly rent: £392.43

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/2120

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.