3 bedroom house for sale

Available

Forest Road, Hugglescote, LE67 3SH

£112,500 · Shared Ownership New Build

Share percentage 45%, full price £250,000, £5,625 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
Floor plan
Floor plan
£112,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 45%, full price £250,000, £5,625 Min Deposit.

Monthly Cost: £915
Rent £315, Service charge £41, Mortgage £559*

Calculated using a representative rate of 3.92%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase.
  • Register/apply with Help to Buy (Agent 2) and receive confirmation that you are eligible for the Shared Ownership Scheme.
Summary

LAST PLOT - 3 Bed Mid Terrace home available in the peaceful Leicestershire village of Hugglescote. Open Plan Living. Cul-de-sac location. Kitchen with Oven/Hob/Hood. Flooring throughout. Parking.

Description

LAST PLOT - 3 Bedroom Mid Terrace House

Property details:

  • Entrance Hall
  • Open Plan Living/Dining/Kitchen
  • Fitted Kitchen with oven, hob & hood
  • Rear Lobby with Downstairs WC
  • 3 Bedrooms
  • Bathroom with a shower over the bath
  • Gas-fired central heating
  • Flooring/carpets throughout
  • Turfed rear garden
  • Parking for 2 vehicles

This desirable property is located on a new Davidsons Homes development called Hastings Park. Situated in the picturesque village of Hugglescote in Leicestershire on the River Sence and close to the M1. Hugglescote has everything needed for convenient day-to-day life, including a primary school, a doctor’s surgery and a convenience store all within walking distance. The centre of Coalville is around 1 mile away.

PRICE
3 Bedroom £250,000 (100%)
Shares available from 45% to 75%
45% share - £112,500 Rent = £315.10

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £4.82
Service/Estate Charge: £14.19

All interested parties are required to register and apply in the first instance with Help to Buy for eligibility approval.

Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026 with a 990 year lease.

*Share advertised is for a 45% share. Maximum share for initial purchase 75%. Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met. Amount advertised is subject to change and is based on a 45% share of a 3 Bed Mid Terrace house.

An additional monthly rental charge applies that includes rent, buildings insurance and management charge but excludes any mortgage payment.

^Any Images/Photographs shown are for illustrative purposes only and represent a typical Midland Heart property.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties may be a mirror image of the plan shown.

Key Features
  • Last Plot – Don’t miss out
  • New Shared Ownership scheme with 990 year lease
  • Cul-de-sac location in the peaceful Leicestershire village of Hugglescote
  • Open Plan Living/Dining/Kitchen
  • Fitted Kitchen includes oven, hob & hood
  • Parking for 2 vehicles
  • Flooring/Carpets throughout
Particulars

Tenure: Leasehold
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan
Video Tour
Map
Loughborough (8.48 miles) Barrow Upon Soar (9.45 miles) Sileby (10.85 miles)
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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£112,500
Shared Ownership New Build
Estimated Monthly Cost:£915
Rent £315
Service Charge £41
Mortgage £559

Share percentage 45%, full price £250,000, £5,625 Min Deposit. Calculated using a representative rate of 3.92%


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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.