21 Ashtree Grove, Leeds, LS14 5LT
 
Rent now, buy later.
Move into this house without getting a mortgage. With a £2,500 deposit you could be in within a week!
This is how it works
The purchase price is £85,000
Minimum deposit of £2,500
The normal rent is £550 per month.
Each month you can pay an additional £50 “top up” towards your deposit.
In which case, in total you would pay would be £600 per month.
We would match you top payments of £50 per month which would also go towards your deposit.
End of year one
£85,000
-£2,500 deposit paid
-£600 (extra you have paid)
-£600 (extra we have paid)
At the end of year one you would owe £81,300
At the end of year two you would owe £80,100
At the end of year three you would owe £78,900
During that time you have saved up a deposit of £6,100 (7.2%)
Any improvements you make to the property you get the benefit.
If the value of the property has increased you also get the benefit.
Now let’s have a look if you pay a bigger deposit, and a higher monthly top up payment of £100 per month.
£85,000
-£4,000 deposit paid
-£1,200 (extra you have paid)
-£600 (extra we have paid)
At the end of year one you would owe £79,200
At the end of year two you would owe £77,400
At the end of year three you would owe £75,600
During that time you have saved up a deposit of £9,400 (11%)
The more you pay the quicker and bigger your deposit.
No mortgage is required until you buy in 2012 (but you can buy at any time)
Price growth and rent deposit payments provide your deposit.
The purchase price is fixed at the outset. You gain from any price growth!
Redecorate, carry out home DIY - YOU benefit from any added value by enhancing YOUR home
This is not a shared ownership or Housing Association scheme
You can move into your new home in as little as 7 days!
Legally approved solicitor contracts.
We can help you get advice on your mortgage in 2012, or sooner, with your deposit fund.
Move in, and buy later - or walk away! You do not have to buy if you change your mind.
Perfect if you are either;
- A first time buyer struggling to get onto the housing market
- Struggling to raise a large deposit
- Currently renting but want to own your own home
- Have impaired credit and can't raise finance
- Have recently moved to the UK
About the house:
Ideal for the professional couple or family is this three bedroom end terrace offering spacious accommodation situated between Crossgates and Scholes. The accommodation briefly comprises dining kitchen, lounge, dining room, three bedrooms, and house bathroom with separate WC. Externally, there are lawned gardens to front and rear.
GROUND FLOOR
ENTRANCE HALL
2.90m (9'6") x 1.37m (4'6")
DINING ROOM
3.27m (10'9") x 3.63m (11'11")
LOUNGE
3.03m (9'11") x 3.24m (10'8")
DINING KITCHEN
5.53m (18'2") x 2.93m max (9'7")
FIRST FLOOR
LANDING
With inbuilt cupboard housing water heater and storage.
BEDROOM 1
3.70m (12'2") x 3.30m (10'10")
BEDROOM 2
3.35m (11') x 3.30m (10'10")
BEDROOM 3
3.35m (11') x 1.80m (6')
BATHROOM
1.67m (5'6") x 1.50m (5')
WC
1.90m (6'3") x 0.84m (2'9")
OUTSIDE
To the front and rear of the property there is lawned garden with well established shrubs. In the rear garden is a good garden shed. There is ample on-road parking to the rear of the property.
LOCATION
Situated between the busy town of Crossgates and Scholes village, Ashtree Grove is a quiet residential cul-de-sac offering ideal family living. The local area is undergoing major renovation with numerous new build houses and apartments currently in progress. Crossgates train station, which is less than 1 mile away, provides access to Leeds (9 minutes), Bradford (32 minutes) and York (21 minutes).
For more details contact us
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