3 bedroom house for sale
19 Hawkins Close, East Leake, LE12 6NZ
Share percentage 50%, full price £285,000, £7,125 Min Deposit.
Share percentage 50%, full price £285,000, £7,125 Min Deposit
Monthly Cost: £1,173
Rent £327,
Service charge £52,
Mortgage £794*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
New 3 bedroom house on The Skylarks development. The price advertised represents purchasing a 50% share of the home.
Description
New 3 bedroom house on The Skylarks development. The price advertised represents purchasing a 50% share of the home.
About the Development
This popular new development is located in the heart of Nottinghamshire and surrounded by panoramic views of forests and farm land. East Lake is a sought after and quaint little village that is within walking distance of the development. Great schools are also within the catchment area, and this location is popular for commuters from all over the East Midlands.
These 3 bed homes are perfect for those looking to embark on a shared ownership journey
About the Home
This brand new home features separate lounge to the font of the home, kitchen/diner at the rear with large storage cupboard, leading to the ground floor cloakroom and rear garden. Upstairs offers three bedrooms and family bathroom.
About the Area
Loughborough, Nottingham, Leicester and Derby are all commutable within 30 minutes' via either the M1 Motorway, A46, A52 or A6, whilst East Midlands Parkway and Loughborough train station both have indirect routes into London St Pancras in under two hours. For international travel, East Midlands International Airport is a short drive. For those that don't drive, the development is located close to a major bus route that has links into Nottingham.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- NHBC Warranty
- Good storage
- Allocated parking
- Flooring throughout
- Service charge applicable
- Kitchen / dining room
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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
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 £285,000, £7,125 Min Deposit. Calculated using a representative rate of 5.03%
