Cherry Tree Park

St Benedicts Way, Ryhope, SUNDERLAND, TYNE AND WEAR, SR2 0NY

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Don't miss out on your ideal home

How will David Wilson Homes use my data?

We'll only ever contact you in ways you've agreed to, keep your data safe, and will never sell it on to a 3rd party.

To find out more about what we do - and don't do - with your data, read our privacy policy.

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To find out more about what we do - and don't do - with your data, read our privacy policy.

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How will David Wilson Homes use my data?

We'll only ever contact you in ways you've agreed to, keep your data safe, and will never sell it on to a 3rd party.

To find out more about what we do - and don't do - with your data, read our privacy policy.

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Did you know the Help to Buy price cap is lowering considerably in 2021? Find out more

Located in the coastal village of Ryhope, Cherry Tree Park offers an exclusive range of 4 & 5 bedroom homes. These homes have been designed with modern family life in-mind and will feature open-plan living spaces.

With beach walks on your doorstep and Sunderland city centre less than 4 miles away, this is an ideal setting for you and your family to enjoy the best of both worlds.

  • Great deals available this autumn
  • £500 John Lewis & Partners Gift Card when you reserve between 1st November and 17th November
  • Part Exchange available on selected homes
  • Fibre broadband to the home, providing faster & more reliable internet (Subject to service provider)
  • Ofsted 'Outstanding' local school close by
  • Just a 5% deposit needed with Help to Buy
  • Seaham beach just minutes away
  • Easy access to A19 - ideal for commuters
  • Beautiful sea views
  • Close to shops, bars and restaurants
Images include optional upgrades at additional cost

Why not come and visit? Our opening hours are... Thursday to Sunday 10am to 5:30pm Monday 12:30pm to 5:30pm

Events and offers

Help to Buy and festive treats event

Lounge

Moving to a new home could be easier than you think. 

Join us on Saturday 23rd & Sunday 24th November between 10am - 5.30pm for mulled wine, mince pies and find out how you can move in for Christmas with Help to Buy.

Start your move with just a 5% deposit

Don’t miss out on your dream home. Talk to us now

Terms & Conditions

1.1 This offer is only available on selected new build plots and Developments in England only (excluding London). Under the current scheme, the maximum property value for Help to Buy is £600,000.

1.2 Help to Buy is only available on repayment loans with interest and capital paid every month and on properties which are occupied by the individual or individuals taking out the mortgage.

1.3 Purchasers will be required to raise funding (including a mortgage and a deposit) of not less than 80% of the property purchase price (excluding any mortgage fees). The property will be subject to a first charge in favour of the mortgage company. Purchaser deposit must be a minimum of 5% after the equity loan has been applied. Mortgage lender's criteria may affect any deposit percentage and whether it applies before or after the equity loan is deducted from the purchase price.

1.4 Homes England will provide an equity loan to eligible purchasers of not less than 10% and not more than 20% of the purchase price subject to the terms of the equity loan agreement. Based on the maximum purchase price of £600,000, Homes England will therefore provide an equity loan of up to £120,000.

1.5 The equity loan provided by Homes England will be secured by a second charge on the property behind the first charge referred to in paragraph 1.3.

1.6 The equity loan provided by Homes England will not incur any loan fees for the first 5 years. From the beginning of year 6, loan fees will be payable by the purchaser at an annual gross rate of 1.75% of the loan’s value, rising at the Retail Prices Index (published by the Office for National Statistics) plus 1% per year thereafter. Fees don’t count towards paying back the equity loan.

1.7 The equity loan must be repaid within 25 years of legal completion of the purchase of the property whether the property is sold or not.

1.8 The equity loan will be repayable on the basis of the greater of the price of the property or its market value at the time of future sale or mortgage repayment as opposed to the original purchase price but disregarding additions or improvements made to the property by the purchaser with the consent of Homes England. This means that if the property increases or decreases in value, the purchaser will pay Homes England the same percentage of the new price of the property as the percentage the equity loan was of the original price. This may result in Homes England being paid more or less than the original loan value.

1.9 If, on the sale of the property, the price of the property has fallen and there is insufficient money from the sale to repay the equity loan after the mortgage has been paid the purchaser will lose any deposit paid. Homes England will not however seek to recover the balance of their equity, not otherwise paid out of the proceeds of sale, from the purchaser.

1.10 The purchaser may repay the equity loan to Homes England at any time following legal completion. Repayment whether in full or by instalments will be based on the market value of the property at the time of the repayment(s) and the purchaser will have to arrange and pay for the valuation of the property at that time. The minimum instalment value is 10% of the total of the market value of your home.

1.11 Detailed terms and conditions apply to the equity loan which will be made available to the purchaser via their legal advisors as part of the conveyancing process.

Home of the Week - The Bayswater, Plot 23

4

MOVE IN FOR CHRISTMAS

This luxury 4 bedroom family home could be yours from just £274,995.

- Upgraded kitchen with integrated appliances (worth up to £4,000)

- Additional spotlights to kitchen and bathrooms (worth up to £1,500)

- Flooring package (worth up to £4,500)

- Stamp Duty paid (worth £3,749)

With Part Exchange available we could buy your current home

View home

Site and location

Interactive site plan
Site plan
Local area map

About the area

A fantastic location

Located less than 4 miles from Sunderland city centre, Ryhope is a coastal village centred on a beautiful triangular green. With the A19 minutes away and a regular bus service for those seeking public transport, Cherry Tree Park’s central location is ideal for commuters. The development is perfectly situated to enjoy all of the exciting amenities that the area has to offer from beach walks to local boutique stores and stylish restaurants.

Essentials on your doorstep

Cherry Tree Park is in a perfect location for both shopping and local facilities, you’ll find everything you need within easy reach.

  • Ryhope Infant School (0.9 miles)
  • Venerable Bede Church of England secondary school (2.0 miles)
  • Ryhope village post office (0.1 miles)
  • Sunderland Royal hospital (3.9 miles)
  • Asda (0.5 miles)

Disclaimers

Please note that all images are for illustrative purposes only. Images include optional upgrades at additional cost. Please see our Image Disclaimer for further details.

Super fast broadband is available on selected plots only. Broadband speeds may vary, which may be affected by various factors including distance from the exchange, time of day and internal home wiring. Actual installation time will be dependent on the broadband provider.

Square footage is the total internal floor area of the home, measured from the internal face of blockwork, excluding the garage (if applicable) and any area with less than 1.5m clear headroom under sloping ceilings. The area taken by stairs is included in both floors that the flight serves.

Gross annual projected rental yield figures are based on the projected yields of at least two independent valuations supplied. Figures do not represent guaranteed rental return and are based on the property being continually rented.

'5 Star Housebuilder' awarded to Barratt Developments Plc Group brands

Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time.