London Home Show, September 27th
|

2 bedroom house for sale

Available

Scholars Place, Queensway, NG31 9RA

£89,000 · Shared Ownership New Build

Share percentage 40.00%, full price £222,500, £4,450 Deposit.

Available
2 bedrooms
1 Bathroom
Back Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£89,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40.00%, full price £222,500, £4,450 Deposit

Monthly Cost: £808
Rent £306, Service charge £19, Mortgage £483*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

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Eligibility

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.
Summary

Discover The Thatcher V1: A modern 2-bed home in Grantham's Scholars Place. Features include a fitted kitchen, turfed garden, off-road parking, solar panels & EV charging.

Description

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.

Key Features

2 Bedroom Semi Detached House
New Model Shared Ownership (NMSO)
Downstairs WC
Fitted kitchen with upstands
Kitchen / Dining area
Living Room
Built in oven, hob and cooker hood
Composite sinks
Upstairs family bathroom
Shower over the bath and glass shower screen
Heated towel rails
Vinyl flooring to wet areas
Gas central heating
USB sockets
Enclosed turfed rear gardens
Solar panels
Off road parking for two cars
Electric vehicle charging point
Turfed garden

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan Brochure
Map
Grantham (1.60 miles) Ancaster (5.58 miles) Bottesford (7.67 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Driveway

Outside Space/Garden: Yes - Back Garden

Year property was built: 2025

Unit size: 71.16sq m

Accessible measures: Enquire with provider

Heating: Gas Central

Sewerage: Enquire with provider

Water: Mains supply

Electricity: Mains supply

Broadband: Enquire with provider

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.

£89,000
Shared Ownership New Build
Estimated Monthly Cost:£808
Rent £306
Service Charge £19
Mortgage £483

Share percentage 10%, full price £222,500, £1,113 Min Deposit. Calculated using a representative rate of 4.78%


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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.