Available

£127,500

8 Austen Gardens, East Leake, LE12 6AX
Share 50% / Full price £255,000 / Min deposit £6,375

House
3 bedrooms
Not specified

Sage Homes
020 8022 5267
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Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • 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.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Description

Brand new 2 bedroom home in the Skylarks development. The price advertised represents purchasing a 50% share of the home.

About the Development

A short walk away from the rural village of East Leake, you’re surrounded by panoramic views of forests and farmland. Perfect for families and new buyers seeking peace.

Just a short drive from Loughborough, you have all the benefits of a large market town nearby while leading a relaxed village lifestyle. In East Leake, you’ll find a supermarket, restaurants, bars and coffee shops and if you crave a bustling atmosphere for the day, Nottingham is less than half an hour’s drive. There are also good schools in the catchment area.

About the Home

The ground floor hosts a large open plan kitchen/dining room and living room. At the rear of the property there is the ground floor WC, storage space and rear garden.

The first floor comprises of two bedrooms, a family bathroom and more storage space. This home also has a rear garden and parking.

About the Area

Buried in the Nottinghamshire countryside, Loughborough is 11 minutes’ drive with a train station connecting you across the country. You can be in London St Pancras in 1 hr 15, Sheffield in 56 minutes or Leicester in 23 minutes.

The A6 is a short drive away, connecting you to the M1 and across the Midlands with ease. Derby is under half an hour away and for more nature Attenborough Nature Reserve is close by car.

Closer to home, La Nina Pizza is a 16 minute walk away or you can unwind with a drink at the Nags Head pub. The Manor Farm Park and Woodlands, just fifteen minutes by foot, offers lots of great events through the year including falconry displays and woodland trails with fun for all the family.

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 25% 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

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Description

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Key features

Material information

Floor plan Energy Certificate
Local area information
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You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

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.
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£127,500 Shared Ownership New Build Full price £255,000
Estimated monthly cost £1,035
£

How is this calculated?

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