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

Available

Rill Close, LE15 6HG

£120,000 · Shared Ownership New Build

Share percentage 40.00%, full price £300,000, £6,000 Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£120,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40.00%, full price £300,000, £6,000 Deposit

Monthly Cost: £1,324
Rent £618, Service charge £54, Mortgage £652*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility

Shared Ownership uses the following criteria to help people get a foot on the housing ladder:- Maximum annual household income of £80,000

One of the following statements must also be true:

  • You’re a first-time buyer
  • You used to own a home but can’t afford to buy now
  • You’re forming a new household - typically after a relationship breakdown
  • You’re already part of the Shared Ownership scheme but want to move
  • You own a home and want to move but can’t afford the new home that meets your needs
Summary

The Alder, a 3 bedroom semi-detached property on a unique development in Oakham

Description

Welcome to The Alder, a spacious three-bedroom home across two floors.

The ground floor compromises of living room, to the rear, a large kitchen/dining room spans the width of the home, complete with French doors opening out to the garden.

Additional features on the ground floor include a convenient WC and a built-in storage cupboard under the stairs for everyday practicality.

To the first floor there are three well proportioned bedrooms. Bedroom 1 is a generous main bedroom overlooking the front of the home. Bedroom 2 and Bedroom 3 are perfect for children, guests, or home working setups

The first floor also benefits from a family bathroom and additional landing storage

Key Features
  • 10 year build warranty
  • Downstairs WC
  • Stainless steel oven, hob & extractor
  • Allocated parking
  • Double glazed windows
  • Family bathroom with shower over bath
  • Plumbing for washing machine
Particulars

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

Property Downloads
Floor Plan Brochure
Map
Oakham (0.39 miles) Melton Mowbray (9.19 miles) Stamford (10.54 miles)
Material Information

Total rooms: 3

Furnished: Unfurnished

Washing Machine: No

Dishwasher: No

Fridge/Freezer: No

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

Listed property: No

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.

£120,000
Shared Ownership New Build
Estimated Monthly Cost:£1,324
Rent £618
Service Charge £54
Mortgage £652

Share percentage 10%, full price £300,000, £1,500 Min Deposit. Calculated using a representative rate of 4.78%


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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.