1/8
£89,000
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 or rent.
Discover the Thatcher V1, a modern 2-bedroom semi-detached house, part of the exciting new Scholars Place development on the edge of Grantham. Enjoy comfortable living with easy access to Grantham's vibrant shops, restaurants, and cultural attractions, all within an area consistently ranked among the UK's top towns for quality of life.
Designed for modern living, the Thatcher V1 features a fitted kitchen with upstands, turfed rear gardens, and off-road parking for two cars, alongside additional amenities such as a downstairs WC, a combined kitchen/dining area, a separate living room, a built-in oven, hob, and cooker hood, composite sinks, an upstairs family bathroom with a shower over the bath and a glass screen, heated towel rails, vinyl flooring in wet areas, gas central heating, USB sockets, solar panels, and an electric vehicle charging point,
The Thatcher V1 is available through New Model Shared Ownership (NMSO), making homeownership more accessible. This scheme allows you to purchase a share of your home (typically 10% to 75% based on affordability) and pay rent on the remaining portion.
NMSO offers fantastic benefits:
- Initial shares from just 10% (subject to financial assessment).
- Purchase additional shares from as little as 5% each time (staircasing).
- New gradual staircasing: Buy an extra 1% each year for up to 15 years.
- 10-year repairs and maintenance support from emh for your new-build home.
- A 990-year lease length
The price shown is illustrative of a 40% share. Your actual share will be determined by an affordability assessment. For a full breakdown of costs, including rent and service charges, please refer to the Key Information Document (KID1).
About Grantham: History, Culture, and Connectivity
Grantham consistently ranks among the UK's top towns for quality of life, offering a rich history and excellent connectivity. It's famously the birthplace of Sir Isaac Newton, a legacy celebrated annually at the Gravity Fields Festival, which showcases leading scientists from around the world.
Beyond its historical significance, Grantham is also recognized as a top commuter town. It provides convenient access to the rest of the country via the London–Edinburgh East Coast Main Line, offering fast and frequent train connections. Its location on the River Witham and proximity to the A1 north-south trunk road further enhance its transport links. Situated approximately 23 miles south of Lincoln and 22 miles east of Nottingham, Grantham strikes a desirable balance between small-town charm and accessibility to larger urban centres.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
