A new pathway home with Share to Buy
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2 bedroom house for sale

Available

Barkbythorpe Road, Thorpebury, Thurmaston, LE7 3QP

£104,000 · Shared Ownership New Build

Share percentage 40.00%, full price £260,000, £5,200 Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
A fantastic new community in a desirable countryside location
Floor plan
Floor plan
£104,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40.00%, full price £260,000, £5,200 Deposit

Monthly Cost: £999
Rent £358, Service charge £62, Mortgage £579*

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 are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase.
  • You have a good credit history (no CCJ’s, defaults, IVA’s, or bankruptcy outstanding).
  • You are assessed as being able to afford and sustain shared ownership.
Summary

Brand New 2 Bed End Terrace house in the new community of Thorpebury. This new home includes an impressive specification as standard including flooring, modern kitchen with oven/hob & parking.

Description

This brand new home is located on a new William Davis Homes development called Thorpebury in the Limes. This new community is nestled between the villages of Thurmaston & Barkby Thorpe, on the outskirts of Leicester with stunning views of the Charnwood countryside.

2 Bedroom End Terrace House - Plot 352

  • Entrance Hall with stairs to 1st floor
  • Kitchen to the front with oven, hob & hood
  • Downstairs WC
  • Living/Dining room with French doors to the rear garden
  • Two bedrooms
  • Bathroom with a shower over the bath
  • Flooring/carpets throughout
  • Turfed rear garden
  • Parking for 2 vehicles

Set in the new community of Thorpebury on the outskirts of Leicester with stunning views of the Charnwood countryside.With easy access to the motorway and Leicester city centre only a 20-minute drive away, Thorpebury in the Limes offers the peaceful lifestyle of village living with the hustle and bustle of vibrant cities nearby.With all the amenities on your doorstep – from shopping centres, salons and pubs to a farm shop, pharmacy, GPs and an excellent selection of schools.

Price
2 Bedroom £260,000 (100%)
40% share = £104,000 Rent = £357.50

Plusthe following monthly charges:
Management Charge: £22.00
Buildings Insurance: £13.42
Estate/Service Charge: £26.50

The Price advertised is for our target share of 40% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

Amount advertised is subject to change. An additional monthly charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

^Any Images/Photographs shown are for illustrative purposes only & represent a typical Midland Heart property at this location.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. These particulars do not form part of a contract or warranty.

Key Features
  • Brand New 2 Bedroom End Terrace House
  • New Shared Ownership scheme with a 990 year lease
  • A fantastic new community in a desirable countryside location
  • Energy efficient new home
  • Kitchen includes oven & hob
  • Carpets/Flooring throughout
  • Parking for 2 vehicles
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan Brochure
Video Tour
Map
Syston (1.73 miles) Leicester (3.66 miles) Sileby (4.63 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: Yes - Private Garden

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£104,000
Shared Ownership New Build
Estimated Monthly Cost:£999
Rent £358
Service Charge £62
Mortgage £579

Share percentage 10%, full price £260,000, £1,300 Min Deposit. Calculated using a representative rate of 5.03%


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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.