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Burgham Park Gardens

Burgham Park, Morpeth, NE65 9QP

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  • Semi-detached, mid terrace and end terrace
  • 3 bedrooms

Prices from…

Shared ownership:£67,500*
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Tranquil settings, well-connected

Burgham Park Gardens is a brand-new collection of 3-bedroom homes available with shared ownership. Located in the heart of Coquetdale, Burgham Park Gardens offers stunning views of the Simonside Hills and Burgham Park Golf Club.

With easy access to the A1, getting around the North East couldn't be easier. Discover the charm of Alnwick and Morpeth, both just a 15-minute drive away, both offering an abundance of things to do and see. Or why not explore the nearby villages with award-winning pubs, restaurants, and artisan coffee shops. If you're looking for a bit more buzz, Newcastle City Centre is a 30-minute drive away.

Burgham Park Gardens is perfectly positioned to enjoy Burgham Park Golf Club and Northumberland's stunning countryside and coast. Get in touch today to find out more!

Key features of Burgham Park Gardens

  • A1 is less than 1-minute drive making commuting a breeze
  • Lovely development surrounded by green spaces
  • Available with shared ownership
  • Enjoy stunning views of Burgham Park Gardens
  • Perfectly placed to enjoy all that Northumberland has to offer
  • Fantastic development with high-specification

Browse all the remaining available plots

See how much your monthly payments could be...

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

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Years

Your estimated monthly payments could be...

£880

Est. mortgage charge

£415

Rental cost

£465

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 £415 a month for your mortgage repayment and £465 for your rent. This gives you a monthly cost of around £880. 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.

Up your street

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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 £270,000 but, with shared ownership, you could purchase an initial 25% share for just £67,500 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 £3,375.

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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