3 bedroom house for sale
Whetstone, LE8 6LF
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Monthly Cost: £1,075
Rent £385,
Service charge £52,
Mortgage £638*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
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.
- You are assessed as being able to afford and sustain shared ownership.
Summary
Brand New 3 Bedroom Terrace houses in the sought after village of Whetstone, 5 miles south of Leicester. Properties include flooring throughout, kitchens with oven & hob, a private garden & parking.
Description
LAST PLOTS - Brand New 3 Bedroom Terrace houses
Exclusive to Midland Heart - a new development called Cambridge Road in the popular village of Whetstone, near to open countryside.
Property details:
- Entrance hall
- Downstairs WC
- Open plan Kitchen/Diner with oven/hob and stairs to first floor
- Living room with a door to rear garden
- Three bedrooms
- Bathroom with shower over bath
- Turfed rear garden
- Allocated parking for 2 vehicles
Whetstone is a village in the Blaby district of Leicestershire, 5 miles south of Leicester near to open countryside.The village offers a good range of services & facilities including restaurants & public houses, a dentist, pharmacy, post office, a good selection of shops and a primary schools. More amenities can be found in the larger neighbouring village of Blaby.
Whetsone is well connected and served by regular bus services as well as having easy access to motorway links & Narborough train station. Surrounded by the villages of Blaby, Cosby, Countesthorpe, Enderby, Littlethorpe, and Narborough there is a local community feel with plenty going on.
PRICE
3 Bedroom Houses £280,000 (100%)
40% share* £112,000 Rent = £385.00
75% share £210,000 Rent = £160.42
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £14.76
Estate Charge: £15.59
All applicants are required to check they meet the criteria for Shared Ownership as set out at GOV.UK in the first instance.
*Our homes are advertised at 40% although alternative shares are available upon request & will be determined by the applicant’s affordability. There are opportunities to buy more shares to own 100% of the property in the future.
An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
^Any Images/Photographs shown are for illustrative purposes only.
>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 & some aspects may differ.
Key Features
- 3 Bedroom Terrace houses - Exclusive to Midland Heart
- Available on the new Shared Ownership scheme with a 990 year lease
- Option to buy more shares to own 100% of the property in the future.
- Popular village location, 5 miles south of Leicester
- Kitchen/Diner with oven, hob & hood
- Carpets/Flooring throughout
- Parking for 2 vehicles
- Private garden
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information Document BrochureVideo Tour
Map
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 40%, full price £280,000, £5,600 Min Deposit. Calculated using a representative rate of 5.26%
