2 bedroom house for sale
36 Lancaster Grove, , DN36 4NW
Share percentage 50%, full price £150,000, £3,750 Min Deposit.
Share percentage 50%, full price £150,000, £3,750 Min Deposit
Monthly Cost: £640
Rent £172,
Service charge £50,
Mortgage £418*
Calculated using a representative rate of 5.03%
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
Brand new 2 bedroom terraced house on the Wigmore Park development, available through Shared Ownership in Lincolnshire. The price represents purchasing a 50% share of the property.
Description
Brand new 2 bedroom terraced house on the Wigmore Park development, available through Shared Ownership in Lincolnshire. The price represents purchasing a 50% share of the property.
About the Home
Upon entering this brand new two-bedroom home, you'll find a hall that leads to the modern open plan kitchen/dining area and lounge, with patio doors opening to the rear garden. The ground floor also compromises of a WC and a convenient storage cupboard.
Upstairs, there are two bedrooms, a three-piece bathroom with a shower over the bath, and additional storage space. Externally, this home benefits from allocated parking
About Shared Ownership
Shared Ownership enables you to buy a share of a home with a mortgage and pay rent on the remaining share. There will be a lease for the portion of the home you don’t purchase, with Sage Homes.
Initially you can buy a minimum 25% share of a home (the maximum you can buy initially is 75%). You can buy more shares or take your ownership to 100% at a later date; this is known as staircasing.
See our Shared Ownership Guide for more information, eligibility & next steps.
About the Development
Wigmore Park is a development by Barratt Homes, located a short drive from the Lincolnshire Wolds and Cleethorpes beach, near the popular town of Grimsby
The development will feature a selection of 2 and 3 bedroom homes that will be available to purchase on the Shared Ownership Scheme.
About the Area
Living at Wigmore Park, you'll enjoy a warm community atmosphere which is ideally placed to take a stroll along Buck Beck or explore the beautiful countryside of the nearby Lincolnshire Wolds. You will be well-connected for commuting or shopping in Grimsby town centre by the A16 and nearby train station.
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
- Open plan living
- Storage space
- Three piece bathroom with shower over bath
- Rear garden
- Allocated parking
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £150,000, £3,750 Min Deposit. Calculated using a representative rate of 5.03%
