Share percentage 40%, full price £295,000, £5,900 Min Deposit.
Monthly Cost: £1,154
Rent £406,
Service charge £76,
Mortgage £672*
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
2 Plots - Brand New 2 Bed Semi-detached houses in the sought after village of Kirby Muxloe near Leicester. Properties include flooring throughout, kitchens with oven/hob, a private garden & parking
Description
Located on a new William Davis Homes development called Hastings Green in the sought after village of Kirby Muxloe on the outskirts of Leicester. This welcoming village has a variety of local amenities & is only a 15 minute drive from Leicester city centre.
2 Bedroom Semi-detached Houses - Plots 8 + 9
- Entrance Hall with stairs to 1st floor
- Kitchen to the front with oven, hob & hood
- Downstairs WC
- Living/Dining room with French doors to the rear garden
- Two bedrooms
- Bathroom with a shower over the bath
- Flooring/carpets throughout
- Turfed rear garden
- Allocated parking
Kirby Muxloe is a welcoming village & is located less than 5 miles west of Leicester, near to open countryside. It offers a good range of local amenities including shops, a post office, two pub/restaurants, salons, a village hall & two schools. There is a regular bus service from the village and recreational facilities including Golf Club and country walks.
With easy access to the motorway and Leicester city centre only a 15-minute drive away, it offers the peaceful lifestyle of village living without sacrificing your ties to the city.
PRICE
2 Bedroom £295,000 (100%)
40% share* £118,000 Rent £405.63
75% share £221,250 Rent = £169.01
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £12.93
Service/Estate Charge: £40.88
All applicants are required to check they meet the criteria for Shared Ownership as set out at GOV.UK.
*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.
Amount advertised is subject to change. 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& simply represent a typical example of this house type.
>Floor plans depict a typical layout of the house types and are for illustrative purposes only. Room sizes are approximate only and 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 of the plan shown.
Key Features
- Brand New 2 Bedroom Semi-detached Houses
- New Shared Ownership scheme with a 990 year lease
- Located in the sought after village of Kirby Muxloe, 5 miles west of Leicester
- Kitchen with oven & hob
- Carpets/Flooring throughout
- Allocated parking
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanVideo 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 £295,000, £5,900 Min Deposit. Calculated using a representative rate of 5.26%
