2 bedroom house for sale
15 Harvest Way, Louth, LN11 8GT
Share percentage 50%, full price £187,500, £4,688 Min Deposit.
Share percentage 50%, full price £187,500, £4,688 Min Deposit.
Monthly Cost: £798
Rent £215,
Service charge £49,
Mortgage £534*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- 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.
Summary
New 2 bedroom semi-detached house on the Hubbards Walk development. The price advertised represents purchasing a 50% share of the home.
Description
New 2 bedroom semi-detached house on the Hubbards Walk development. The price advertised represents purchasing a 50% share of the home.
About the Development
This development is located in rural Louth, situated at the foot of the Lincolnshire Wolds. This development offers a tranquil home for growing families with excellent transport options. There are several great schools in Louth including the King Edward VI Grammar School.
Nestled in an area of natural beauty, you’ll find it easy to get back to basics in this countryside idyll. Louth, the largest market town in the East Lindsey District, offers you countless inns, cafes and a rich heritage to explore. If you’re in need of a bigger array of facilities, Mablethorpe and Lincoln are within easy reach.
About the Home
Two bedroom semi-detached house featuring an open plan kitchen/dining room, ground floor WC, storage space, and French doors to rear garden. The first floor consists of a master En-suite, second bedroom and family bathroom. There is 2 parking spaces.
About the Area
Your closest train station is either in Grimsby (a half hour drive) or Lincoln (50 minutes drive). From Lincoln you can be in London in under three hours while Grimsby to Liverpool is three and a half hours away, Sheffield is an hour and 45 minutes and Cleethorpes just seven minutes.
Closer to home, Louth offers you attractions and activities galore. You’ll find artisan independent shops selling everything you might need as well as elegant cocktail bars, cosy pubs, cafes and restaurants. Visit the Louth Riverhead Theatre, browse the NTKO art gallery and spend an evening at the Louth New Orleans Jazz Club. There’s also plenty to do in nature with cycling, the Meridian Leisure Centre and enough walking routes to wear out your hiking boots.
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 50% 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
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- New build energy efficient home
- Flooring throughout
- En suite to bedroom 1
- Allocated parking
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 50%, full price £187,500, £4,688 Min Deposit. Calculated using a representative rate of 5.26%
