Plot 3 – 3 Bed House, Sampson Green, Ipswich

Highlight, working with Legal & General’s Affordable Housing Division (L&G), is pleased to present this Shared Ownership 3 bedroom house at Sampson Green, Ipswich.

This new home provides an excellent opportunity to get on the property ladder at an affordable price. All homes at Sampson Green are available to purchase from a 50% share of the full market value, however the price shown here represents purchasing a 75% share.

Off the entrance hall downstairs is a cloakroom, a spacious living/dining room with an additional storage room and a contemporary Italian designed kitchen with an integrated fridge/freezer, dishwasher, washer/dryer, ceramic hob and fitted single oven. Upstairs are two generously-sized bedrooms, with a third bedroom perfect for a children’s room or study space, a bathroom and storage room.

Situated in an idyllic new community within over four acres of green space with a new children’s play area nearby, the home provides two parking bays equipped with an electric vehicle point and integrated rooftop PV panels. To the rear is a south-west facing turfed garden with a patio providing the perfect place to unwind in.

The homes at Sampson Green are well placed to enjoy the best of Ipswich, with a wide range of schools rated Good to Outstanding for all ages, local parks, beautiful nature reserves, train station and the vibrant Ipswich Waterfront all within a short drive.

Contact us today to book a viewing.

Financial breakdown based on purchasing a 75% share of plot 3 at Sampson Green

• • Full market value: £320,000

• • 75% share value: £240,000

• • 5% deposit of 75% share value: £12,000

• • Rent on remaining 25% share: £183pm

• • Estate charges: £87.34pm

• • Council tax: TBC*

About Shared Ownership

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to get on the property ladder at in a more affordable way.

With Shared Ownership you can purchase a share of a property’s full market value, while paying a reduced market rent on the remaining share. Later on, you’ll have the option to purchase more shares in your new home and, if you choose to, own the property outright.

As the deposit and mortgage amounts are based on the share value, the costs are generally much less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Eligibility Criteria

To purchase a home at Sampson Green you’ll need to meet the criteria below. Please speak to one of our team for more information.

• • Have a combined household income under £80,000

• • Not own a property, or part of a property, at the time of completing on your purchase

• • Be unable to purchase a suitable home to meet your housing needs on the open market

• • Have a minimum of £5,000 to cover the costs of buying a home

Shared Ownership eligibility criteria applies. Interior images are taken from the 3 bedroom show home at Sampson Green and are representative of this house type. *Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our sales consultants.