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£115,000
Plot 302 is a 3 bedroom, terraced Shared Ownership houses in a cul-de-sac location in Elsea Park, a new development surrounded by green spaces just outside the historic market town of Bourne
ELIGIBILITY CRITERIA:
To be eligible for a home at Elsea Park, you'll need to:
- Have a combined household income under £80,000 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
- Nomination criteria may apply - please speak to our Sales Consultant for further details
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.
Elsea Park is a welcoming new community surrounded by plenty of green space just outside Bourne
You will find this superb new collection of 2 and 3 bedroom Shared Ownership houses are designed for family life and modern living. Surrounded by green open spaces and several ponds, these homes are close to everyday amenities and within walking distance from the centre of Bourne, meaning everything feels within easy reach.
Bourne is a place where family life feels easy, combining the charm of a historic market town with the convenience of everything you need close by.
Surrounded by green open spaces, woodland walks and safe places to explore, it’s ideal for growing families to enjoy time outdoors, from Bourne Woods to the town’s parks and play areas.
Plot 302 is a 927 square foot, two bedroom terrace house, with a spacious living room and separate kitchen /dining area including an integrated fridge freezer, with three good sized bedrooms and family bathroom upstairs, with 2 allocated parking spaces and private garden at Elsea Park, Bourne, available to purchase through Shared ownership from a 50% share.
Financial Breakdown:
- Full Market Value: £230,000
- 50% Share Value: £115,000
- 5% deposit of 50%: £5,750
- Rent on unowned 50% share: £264 per month
- Service Charge: £783.35 per month
- Council Tax: TBC*
It is also perfectly placed for access to nearby Stamford and Peterborough for more shopping and entertainment options with a direct service to London King's Cross from Peterborough taking approx. 47 minutes. While the A15 and A1 are both easily accessible making travel to Stamford, Peterborough, Grantham and Lincoln all within an hour.
Alongside this, a range of local leisure facilities, including a swimming pool, fitness centre and sports clubs, make it easy to stay active and entertained. Whether it’s school runs, weekend activities or meeting friends in local cafés and restaurants, everything feels close to hand, creating a place where families can truly feel at home.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
LOCAL AREA
Surround yourself with nature
Life in Bourne brings the outdoors into everyday living, with a rich mix of woodland, parkland and restored wetlands all within easy reach. From peaceful morning walks to family adventures, it’s a setting that naturally encourages time outside.
At the heart of the town, Wellhead Park and Gardens offers 21 acres of beautifully maintained green space, known for its seasonal spring blooms, landscaped gardens and tranquil, spring-fed water features. It’s a place to pause, explore
and enjoy time together, with open lawns and play areas perfect for families.
Bourne Woods provides miles of walking trails beneath mature trees, ideal for weekend exploring, while nearby nature reserves open up a wilder landscape to discover. Willow Tree Fen Nature Reserve, managed by the Lincolnshire Wildlife Trust,
is a unique wetland habitat where cranes and other birdlife thrive, offering a rare chance to experience nature up close.
From accessible parks to protected natural spaces, Bourne places nature at the centre of daily life, creating a lifestyle where fresh air, green views and outdoor freedom are always within reach.
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 10 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 homes 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.
Council Tax: TBC
Council tax bands are TBC and 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.
