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3-Bed Shared Ownership at Frisby on the Wreake

3 bedroom semi-detached houseShared ownership £86,000 (40% Share)

somerby-3-beds

Features

  • 3 beds
  • Fitted kitchen
  • Lounge Diner
  • Rear garden
  • Fitted bathroom
  • Built in stainless steel oven, hob & extractor hood
  • Vinyl flooring in bathroom and W.C
  • Off road parking
  • Turfed garden
  • Double glazing

For sale

20 & 18 Valley View, Frisby on the Wreake, Melton Mowbray, LE14 2PH

40% share - £86,000.00 monthly rent - £295.63 monthly service charge – £TBA

  • Bathrooms: 1
  • Garage: Off street parking
  • Housing Scheme: Shared Ownership
  • Tenure: Leasehold
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Description

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 lobby, with W.C and lounge.  At the rear of the property is a fitted kitchen diner with built in stainless steel exactor fan, cooker hob and oven.

The first floor has 3 bedrooms, a family bathroom with fitted shower over the bath, with a glass screen panel, w.c and hand basin fitted with chrome towel rail.

Lounge – 4.27m x 3.47m  /  14’0 x 11’4

Kitchen – 4.56m x 3.29  /  14’14 x 11’4

Bedroom 1 –4.56m x 3.35m  / 14’11 x 10’9

Bedroom 2 – 3.12m x 2.25m  / 10’2 x 7’4

Bedroom 3- 2.21m x 2.09m  /  7’3 x 6’10

Example of costs:-

40% share - £86,000.00  monthly rent - £295.63  monthly service charge – £TBA

50% share - £107,500.00  monthly rent - £246.35  monthly service charge – £TBA

75% share - £161,250.00 monthly rent - £123.18  monthly service charge - £TBA

Full market value - £215,000.00

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/

Site plans and EPCs
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Please contact Hello Homes : email hellohomes@emhgroup.org.uk, call 08448922506 or fill in the form below


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