1 bedroom apartment for sale

Available

Dodswell Road, LE10 0WJ

£52,000 · Shared Ownership New Build

Share percentage 40%, full price £130,000, £2,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
Parking
ONE BED APARTMENT - AVAILABLE NOW!
Floor plan
floor-plan
Floor plan
floor-plan
£52,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £130,000, £2,600 Min Deposit.

Monthly Cost: £597
Rent £179, Service charge £122, Mortgage £296*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

ELIGIBILITY CRITERIA:
To be eligible for a home at Wykin Meadow, you'll need to:

  • Have a combined household income under £60,000 per annum
  • Not already own a property, or part of a property, at the time of completing on your purchase
  • Be unable to purchase a suitable home to meet your housing needs on the open market
  • Have a minimum of £5,000 to cover the costs of buying a home
  • Applicants with a live/work connection to the local area will be prioritised


If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Summary

Enjoy the best of both worlds, on the outskirts of Hinckley with accessibility to several nearby cities. New phase now released - Available to move in Summer 2024

Description

New Phase of two bedroom houses now available!

The best of both worlds
A beautiful collection of 1 & 2 bedroom apartments & houses available with Shared Ownership. Located in Hinckley, Leicestershire, this new community offers the perfect place to put down roots and get on the property ladder.

Plot 214 is a 48 square metre, one bedroom, ground floor apartment with 1 parking bay at Wykin Meadow, Hinckley, Leicestershire, available to purchase through Shared Ownership.

Available to purchase from a 40% share.

Financial Breakdown:

  • Full Market Value: £130,000
  • 40% Share Value: £52,000
  • 5% deposit of 40%: £2,600
  • Rent on unowned share: £179 per month
  • Service Charge: £121.59 per month
  • Council Tax: TBC*

Your new home at Wykin Meadow has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work life balance.

Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you can enjoy a village location on the outskirts of the town and the accessibility of the cities of Coventry, Leicester and Birmingham

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.

The next phase of Homes at Wykin Meadow will be ready to move into from Summer 2024.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

LOCAL AREA

Situated at the very heart of England on the border of the East and West Midlands, the historic town of Hinckley is in the southwest corner of Leicestershire, serving people, communities and businesses in the area.

Long famous for its 700-year-old national award winning market and annual ‘Tin Hat’ Fun Fair, Hinckley town centre is the borough’s main shopping, administrative, commercial and entertainment centre and has recently undergone a major transformation. The borough has excellent cultural and leisure facilities to suit everyone.

A state of the art new leisure centre has opened in the heart of the town centre including numerous Green Flag award winning local parks and fantastic conservation areas, heritage sties and countryside walks across the borough.

There is no shortage of good primary and secondary schools, both public and private. In terms of GCSE performance, the percentage of pupils achieving Grade 5 or above (A* to C grades) in English and Mathematics is 5% above the national average for all schools in England.

As well as a thriving town centre and events programme including St Georges Day, Feast Hinckley, Town Centre Run, Christmas Lights Switch on and The Soap Box Derby, there is a wide range of national high street chains, lots of great independent shops and terrific family entertainment on offer, with well established variety of restaurants and a cinema.

Hinckley has excellent transport connections and is ideally located for commuting to major transport links to the cities of Leicester, Coventry and Birmingham being close to the M1, M6, M69, M42 and the A5 and Birmingham and East Midlands international airports.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

CGI images do not depict the actual development but represents a similar style to the specification at Wykin Meadow.

Key Features

KEY FEATURES:

  • Great range of nearby amenities
  • Excellent transport connections
  • Electric single oven, gas hob and cooker hood
  • Paved patio area
  • Turf to rear garden
  • Two allocated parking bays
  • NHBC 12 year build warranty

FULL SPECIFICATION:

Kitchen

• Contemporary matt white kitchen with chrome handles and under unit lighting

• Laminate worktop with matching upstand

• Stainless steel splashback to hob

• Stainless steel 1½ bowl sink with chrome tap

• Electric single oven, gas hob and cooker hood

• Space for fridge/freezer

• Space for washing machine Cloakroom

• Roca contemporary white toilet and basin with chrome mixer tap

• Splashback tiling to basin area

Bathroom

• Roca contemporary white bathroom suite comprising bath, close coupled WC, pedestal basin with chrome mixer tap

• Shower over bath with glass shower screen

• Large format wall tiling to bath and splashback tiling to basin area

• Towel rail and toilet roll holder

Flooring(Apartments & Maisonettes)

• Wood effect vinyl flooring to hall, kitchen/living/dining and bathroom

• Twist pile carpet to stairs, landing and bedrooms

General

• White PVCu double glazed windows

• Walls, ceilings, architraves and skirtings painted white

• White panelled internal doors with brushed aluminium ironmongery

• Gas central heating via Combi boiler and white contemporary radiators

• NHBC 12-year build warranty

External

• One allocated parking bay to maisonettes and apartments

• Apartment bin store and cycle store

• Apartment post boxes in lobby

Electrical

• Track light to kitchen

• Batten fitting to bathroom

• Pendant lighting to all other areas

• White sockets and switches

• TV point to living room and master bedroom

• Apartments have connection to communal satellite dish*

• Telephone point to utility cupboard

• Smoke, heat and carbon monoxide detectors

• Extractor fan to kitchen and bathroom

• Shaver socket to bathroom

• Spur for future installation of an alarm

• PIR Light to front and rear elevations of houses

* connection to services subject to purchaser subscription

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan Brochure Price List Energy Certificate
Map
Hinckley (1.46 miles) Nuneaton (3.01 miles) Bermuda Park (4.30 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.

£52,000
Shared Ownership New Build
Estimated Monthly Cost:£597
Rent £179
Service Charge £122
Mortgage £296

Share percentage 40%, full price £130,000, £2,600 Min Deposit. Calculated using a representative rate of 5.26%


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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.