Shared Ownership at Wellspring Park
Wellspring Park is a new housing development in the Town End Farm area of Sunderland, postcode SR5 4LJ.
Phase 2 now released
For more information
Contact Hayley Dickinson
sharedownership@
gentoogroup.com
Monday to Thursday
8:30am to 5pm
Friday
8:30am to 12:30pm
Main features
- Contemporary two and three-bedroom homes designed for modern living
- Buy an affordable share from 25% to 75% of a high quality, brand-new two or three-bedroom home
- Long leasehold of 990 years you will never need to extend
- 10-year National House Building Council or Local Authority Building Control warranty that covers any major structural defects
- All Shared Ownership homes come with a two-year Aftercare Guarantee with a dedicated Customer Experience Advisor
- Energy efficient air source heating, solar panels and high-performance glazing
- Carpets fitted throughout with vinyl flooring in wet areas
- Shaker-style kitchen with integrated appliances
- Private parking with an electric car charging point
- 1.7 miles from A19
- Excellent public transport and commuter links
Deposits
Your deposit depends on the property type and the share you buy.
For example, a 5% deposit on a 40% share of a 2-bedroom home is £3,400. For a 3-bedroom home it is £3,700.
Council Tax
All the properties at Wellspring Park are new builds and the Council Tax band is still to be confirmed.
Property types
The Helm at Wellspring Park
The Helm is our contemporary two-bedroom home.
Up to 4 people in 2 bedrooms
The Finchale at Wellspring Park
The Finchale is our contemporary three-bedroom home.
Up to 5 people in 3 bedrooms
The local area
Local amenities
- Community North Sports Complex and Football Hub nearby
- Local shops
- 1.8 miles from Sainsbury’s
- 0.6 miles from Bunny Hill Primary Care Centre
City centre
- 4.1 miles from the city centre
Schools
- 0.2 miles from St John Bosco RC Primary School
- 0.3 miles from Bexhill Academy
- 0.4 miles from Town End Academy
- 0.9 miles from Trinity Academy New Bridge
- 1 mile from Hylton Castle Primary School
Local culture and heritage
- 1 mile from the recently renovated, iconic Hylton Castle, which has beautiful walks through Hylton Dene
- 3.8 from the Stadium of Light, home of Sunderland AFC
- 4.2 miles from the North East’s beautiful coastline
Shared Ownership eligibility
We will check you are eligible for the Shared Ownership home you are interested in. Our checks are to make sure you meet the criteria and can afford your home now and in the future.
How Shared Ownership works
With Shared Ownership you own an affordable share of a brand-new home. You get a long-term leasehold and have the same rights as someone who owns their entire home.
Buying a Shared Ownership home
We will give you advice and support throughout each step of the application process, from confirming you are eligible to completing the sale.
