3 bedroom house for sale

Available

12 Linmere Gateway, Holly Lane, LU5 7AW

£192,500 · Shared Ownership New Build

Share percentage 50%, full price £385,000, £19,250 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£192,500 Shared Ownership New Build

Share percentage 50%, full price £385,000, £19,250 Min Deposit.

Monthly Cost: £1,517
Rent £481, Service charge £43, Mortgage £993*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Summary

A superb opportunity to purchase this 3 bedroom semi detached house at the eagerly anticipated development of Linmere Gateway in Houghton Regis. Available on a SHARED OWNERSHIP basis, this is a...

Description

A superb opportunity to purchase this 3 bedroom semi detached house at the eagerly anticipated development ofLinmere Gateway in Houghton Regis. Available on a SHARED OWNERSHIP basis, this is a great way to make your next home purchase more affordable.LinmereGatewayis a collection of new homes located within 90 acres of parkland to the north of Houghton Regis, set to be a new centre for South Bedfordshire.

Property Specification:

Kitchen

- Contemporary fitted kitchen with worktops

- Built-in electric oven and gas hob

- Cooker extractor hood

- Stainless steel splashback to hob

- Freestanding washer/dryer

- Freestanding fridge/freezer

- Stainless steel sink

- Vinyl flooring

Bathroom

- White bathroom suite

- Glass shower screen

- Thermostatic shower over bath

- Wall tiles around bath and behind wash hand basin

- Shaver point

- Vinyl flooring

Interiors

- Double glazed UPVC windows

- Carpet to all living areas

- BT points in living room and master bedroom

- Carbon monoxide detector

- Smoke detector

- Combi boiler

- Gas central heating

Exteriors

- TV points in living room and master bedroom - digital freeview situated in loft

- 2 parking space

- 990 year lease

- NHBC warranty

The Local Area

Linmere is located just north of Houghton Regis and has become a new urban village with a rural feel, surrounded by green networks, safe footpaths and bridleways leading to the countryside, nature reserves and neighbouring villages. There are great local schools, shops and a brand new supermarket. The Farmstead is at the hub of the neighbourhood providing a space to meet friends and offers a wide variety of events and leisure activities. Living here will enable and encourage an active lifestyle with sports pitches and local sports clubs.

Shared Ownership

The full market price for this property is £385,000, with buyers able to purchase a minimum 50% share for £192,500. Based on a 50% share there is a monthly rent of £481.25, and a monthly service charge of £43.00. Interested parties are requested to complete a short financial assessment prior to viewing.

Key Features
  • Three Bedroom Semi Detached
  • Available on Shared Ownership
  • Brand New Development
  • Parking For 2 Vehicles
  • Situated in 90 Acres of Parkland
  • Call Now For More Information
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Leagrave (2.30 miles) Harlington (2.99 miles) Luton (4.73 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 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.

£192,500
Shared Ownership New Build
Estimated Monthly Cost:£1,517
Rent £481
Service Charge £43
Mortgage £993

Share percentage 50%, full price £385,000, £19,250 Min Deposit. Calculated using a representative rate of 4.80%


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.