Find a home

2-Bed Shared Ownership at 'Poppyfields' - Melton Road, Barrow Upon Soar LE12 8NX

2 bedroom semi-detached houseShared ownership £78,000 (40% Share)

64-65-barrow

Features

  • Two bedrooms
  • Lounge diner
  • Kitchen
  • Family bathroom
  • Downstairs W/C
  • Turfed, enclosed rear garden
  • Gas central heating
  • Double glazing
  • Integrated oven,hob and extractor hood
  • Off road parking

For sale

Poppyfields, 37,39,41,43 Field Edge Drive, , Barrow upon Soar, Leicestershire, LE12 8ZF

40% share - £78,000.00 monthly rent - £ 268.13, monthly service charge – £7.00

  • Bathrooms: 1
  • Garage: Off street parking
  • Housing Scheme: Shared Ownership
  • Monthly service charge: £7.00
  • Tenure: Leasehold
Ask for details
Description

COMING DECEMBER 2019

hello homes are pleased to offer these 2 bedroom semi detached homes for sale on a Shared Ownership basis.

Shared Ownership

Shared Ownership is a part buy-part rent scheme which makes buying your own home affordable.

Shares can be purchased from 40% to 75% (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme by Help to Buy Midlands).

Shared Ownership allows you to purchase a share in a brand new home whilst paying a subsidised rent on the remainder. Once you have lived in the property for 12 months you can purchase additional shares if you want to; this is called staircasing. In most cases you can staircase up to 100% of the property and eventually own the property outright; making shared ownership a ladder of opportunity to owning your own home!

The property briefly comprises of:

Entrance hallway, fitted kitchen with a range of base and wall units, integrated electric oven, gas hob and extractor hood.

Lounge diner to the rear of the property with French doors into a turfed rear garden.

To the first floor there are two bedrooms and a family bathroom with a shower over the bath.

Outside there is off road parking

Measurements:-

Lounge – 4.35m x 4.648m

Kitchen – 3.174 x 1.994m

Bedroom 1 – 4.35m x 2.842m

Bedroom 2 – 4.350m x 2.75m

(All measurements should be treated as a guide only.)

Example of costs:-

40% share - £78,000.00 monthly rent - £ 268.13, monthly service charge – £7.00

50% share - £97,500.00 monthly rent - £223.44, monthly service charge – £7.00

75% share - £146,250 monthly rent - £111.72, monthly service charge - £7.00

Full market value - £ 195,000.00

To register your interest

Call hello homes on 0844 892 2506 (charges apply) or email hellohomes@emhgroup.org.uk

Please note that to purchase a shared ownership property you must have been approved by Help to Buy Midlands.

For more details of shared ownership and how to apply visit the link on our website: https://www.hellohomes.org.uk/ownership-options/help-to-buy-shared-ownership-new-build/

If you would like to be considered for one of our plots you will be required to submit your approved Help to Buy application reference and supporting documents; details of which will be provided upon contact to us.

Ask for details

Please contact hello homes: email hellohomes@emhgroup.org.uk, call 0844 892 2506 or fill in the form below


SELLING HOMES ON BEHALF OF

IN ASSOCIATION WITH