Available

£114,000

Little Glen Mews - Glen Parva | Cork Lane, LE2 9JR
Share 40.00% / Full price £285,000 / Deposit £5,700

House
2 bedrooms
1 bathroom
Pets allowed

emh Sales
0300 1230 918
Sign in to enquire

Monthly cost calculator


Summary

Discover The Langton: A new-build 2-bed bungalow in Glen Parva. Features include a fitted kitchen, turfed garden, solar panels and off-road parking

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.
Description

Emh sales is pleased to offer the Langton; a 2-bedroom bungalow for sale at Little Glen Mews, a new development in Glen Parva near Leicester.

Nestled in Leicestershire, the welcoming village of Glen Parva provides its residents with a wealth of amenities. From local shops, inviting pubs, and charming cafes to expansive green spaces perfect for leisure and recreation, Little Glen Mews is ideally situated, offering immediate access to peaceful walks while also being just a short distance from the vibrant shopping hub of Fosse Shopping Park.

*The price shown is illustrative of a 40% share. The actual share you can purchase will be determined by an affordability assessment, with shares available from 10% up to 75%

Homes are available on the New Model Shared Ownership (NMSO) which has some great new additions including:

  • You can purchase your initial share from just 10% (subject to financial assessment - all applicants must purchase as large a share as is possible in line with affordability).
  • You can purchase further shares from as little as 5% each time (known as staircasing).
  • A new gradual staircasing process has been introduced allowing you to purchase an additional 1% each year for a maximum of 15 years.
  • The introduction of a new 10-year period during which emh could support you with the cost of repairs and maintenance in your new build home.
  • A lease length term of 990 years.


Shared Ownership: A stepping stone to home ownership

Shared ownership offers a fantastic opportunity to get your foot on the property ladder. You can purchase an initial share ranging from 10% to 75% in 5% increments. This makes homeownership more affordable, especially for first-time buyers. The affordability will be assessed to ensure it aligns with your financial situation.

Grow your ownership over time:

As you build your financial security, you have the flexibility to increase your ownership stake through a process called staircasing. This option becomes available after just 12 months, allowing you to gradually own up to 100% of the property.

Shares can be purchased from 10% to 75% initially on the New Model Shared Ownership (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme).

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan Brochure
Local area information
My Places Include travel time from key places

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.

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.
Sign in to enquire
Monthly cost calculator
£114,000 Shared Ownership New Build Full price £285,000
Estimated monthly cost £1,029
£

How is this calculated?

Send enquiry to the seller