3 bedroom house for sale

Under Offer

Station Road, DN21 4BB

£45,000 · Shared Ownership New Build

Share percentage 25%, full price £180,000, £2,250 Min Deposit.

Under Offer
3 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
£45,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £180,000, £2,250 Min Deposit.

Monthly Cost: £597
Rent £309, Service charge £37, Mortgage £251*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £80,000 per annum.

You do not already own a home or you will have sold your current home before you purchase or rent.

You must be at least 18 years old.

Summary

3 bedroomed semi detached home now available

Description

These homes are available now and ready to move into.

Introducing The Nettleham, a stylish three bedroom semi-detached home comprising of a spacious living/dining area with double doors to the turfed rear garden, and front aspect kitchen.

Upstairs you will find three bedrooms and a family bathroom with modern white suite and shower fitted over the bath.

Kirton in Lindsey is a market town and is home to several independent retailers including a butcher, bakery, various beauty salons and a sweetshop. The town has a garden centre and two pubs which serve food. There are also a selection of local takeaways and supermarkets in the area.

Other facilities include a post office with banking facilities.

Scunthorpe is located 10 miles from Kirton in Lindsey where you will find restaurants and two shopping centres.

Kirton in Lindsey benefits from close proximity to the A15, with links to Peterborough and Lincoln, as well as the M180, which offers links to Hull, Scunthorpe and Humberside.

Homes England Key Information Document – please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.

NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, please make an enquiry to contact Platform Home Ownership, the relevant sales consultant will then send you an application form to complete.
3. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.

Shared Ownershipis a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.

We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.

For more detailed information and your obligations in relation to shared ownership please download our 'Guide to Shared Ownership'

Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.

Please visit the Homes England website for further guidance using the Homes England Eligibility Checker.

*Please note some images are typical and should be used as a guide only

**Please not virtual home tour could be of a different house type, but this is of a house on this development

Key Features

Modern kitchens with integrated oven, hob and extractor

Lounge with patio door leading to the garden

Downstairs WC

Utility area

Family Bathroom

Enclosed turfed rear garden

Private driveways or allocated parking spaces

10 year build warranty

Village location

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Brochure
Virtual Tour
https://my.matterport.com/show/?m=roCBPEDh59o
Map
Kirton Lindsey (0.28 miles) Brigg (6.53 miles) Scunthorpe (7.60 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£45,000
Shared Ownership New Build
Estimated Monthly Cost:£597
Rent £309
Service Charge £37
Mortgage £251

Share percentage 25%, full price £180,000, £2,250 Min Deposit. Calculated using a representative rate of 5.03%


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Development
Tudor Reach, Kirton in Lindsey
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.