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

Available

The Colleys, NG31 8NR

£137,500 · Shared Ownership New Build

Share percentage 50%, full price £275,000, £6,875 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£137,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £275,000, £6,875 Min Deposit

Monthly Cost: £1,090
Rent £315, Service charge £9, Mortgage £766*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

  • Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
  • You have a deposit (at least 5% of the share value)
  • You are a first-time buyer or used to own a home, but cannot afford to buy outright now
  • The shared ownership property will be your principle and only home
  • You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
  • Household minimum income must be above £42,657
Summary

The Colleys in Grantham, Lincolnshire is made up of 3 bedroom homes now available through Shared Ownership

Description

Perfect for modern living, The New Stamford is a fabulous 3 storey home. Downstairs, you’ll find the kitchen at the front of the house with an open walk through to the living and dining space which feature French doors opening to the private rear garden. A downstairs WC and handy under stairs storage add to the convenience of this modern home.

To the first floor are two further bedrooms and a family bathroom. On the second floor is a fully private master suite boasting a large bedroom, ensuite shower room, dressing area and handy storage space. This whole suite is flooded with natural light from large skylight windows.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.

Although this property states it is available you MUST contact the site directly to ensure a reservation has not been made, whilst Heylo await reservations documents. We operate a first come first serve policy so there is always a danger you may have missed the opportunity.

Key Features
  • Open plan kitchen/living/dining area
  • Downstairs W.C
  • Built-in storage
  • Rear garden
  • Ensuite to the primary bedroom
  • Skylight windows
  • Fitted kitchen
  • Single under worktop oven with 4 ring gas hob and stainless steel splashback
  • Integrated silver oven hood
  • White bathroom suite
  • Combination boiler
  • Round top radiators
  • White UPVC double glazed windows and French doors
  • Rotavated front and rear garden
  • Carbon Monoxide Alarm is included
  • Smoke Alarm is included
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document Floor Plan
Map
Grantham (1.47 miles) Bottesford (5.48 miles) Ancaster (7.47 miles)
Material Information

Total rooms: 7

Furnished: Unfurnished

Washing Machine: No

Dishwasher: No

Fridge/Freezer: No

Parking: Yes - Driveway

Outside Space/Garden: Yes - Private Garden

Year property was built: 2024

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Double Glazing

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.

£137,500
Shared Ownership New Build
Estimated Monthly Cost:£1,090
Rent £315
Service Charge £9
Mortgage £766

Share percentage 50%, full price £275,000, £6,875 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.