3 bedroom house for sale
11 Wheatley Close, LE65 2AY
Share percentage 50%, full price £264,000, £6,600 Min Deposit.
Share percentage 50%, full price £264,000, £6,600 Min Deposit.
Monthly Cost: £1,129
Rent £394,
Mortgage £735*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
3 Bedroom Semi-Detached House in Ashby De La Zouch now available under Shared Ownership
Description
A rare opportunity to purchase a modern and attractive, shared ownership, 3-bedroom semi-detached house with parking for two cars. This three-bedroom property is within walking distance to the desirable market town of Ashby de la Zouch.
As you enter this property you are welcomed into a hallway which includes a cloakroom, spacious living area, downstairs WC, kitchen/diner fitted with a Bosche Electric Oven, Gas hob and hood along with built in storage in the kitchen: On the first floor is a main bedroom, with contemporary floor to ceiling windows and an en suite, a second comfortable double bedroom, a third single bedroom and three piece bathroom suite. To the left of the house is parking for two vehicles and a paved path leading to the front door and to the side gate to access a generous south facing garden at the rear.
Ashby De La Zouch is a historic and picturesque market town. With a castle and roman baths there is also a lovely town centre for our award-winning eateries, cafes, boutiques, gyms and public houses not to mention the four primary schools, middle school, Ashby School with sixth form college and boarding giving it an exclusive and affluent feel. The location of this town is also a draw to many with its links to 42/M42, A50 and M1.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- 3 Bedroom
- Semi-Detached
- Off-Road Parking
- Well Maintained
- Tenure: Leasehold (125 years from 18/12/2020).
- Share Available: 50%(£132,000).
- Shared Ownership Rent: £394.05 per month (subject to annual review).
- Lease Management Fee: £25.27 per month (subject to annual review).
- Buildings Insurance: £134.64per annum (subject to annual review).
- Council Tax: Band C, North West Leicestershire District Council
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
Key Information Document Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 50%, full price £264,000, £6,600 Min Deposit. Calculated using a representative rate of 5.03%
